Sacyr Vallehermoso
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Headquarters.
|
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| Sociedad Anónima | |
| Traded as | BMAD: SYV |
| Industry | Construction, Investment |
| Founded | 1999 |
| Headquarters | Madrid, Spain |
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Key people
|
Manuel Manrique Cecilia (President and CEO) |
| Revenue | €3.614 billion (2012)[1] |
| €506.1 million (2012)[1] | |
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Number of employees
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21,380 (end 2010)[2] |
| Website | www.gruposyv.com |
Sacyr Vallehermoso, S.A. (Spanish pronunciation: [saˈθir βaʎerˈmoso]) is a leading Spanish construction company based in Madrid. It is publicly traded and is part of the IBEX 35 capitalization-weighted stock market index.
History
The company was founded in 1986 as Sociedad Anónima Caminos y Regadíos and was renamed Sacyr in 1991. In 2002 it acquired 24.5% of Vallehermoso, a leading Spanish housing business founded in 1921. In 2003 it merged with Vallehermoso to form Sacyr Vallehermoso.[3]
Major projects
Major projects involving the business include the Torre Sacyr Vallehermoso, completed in 2008.[4]
Sacyr Vallehermoso was the largest shareholder in the Spanish oil company Repsol YPF, holding an approximate 20% stake.[5] On December 20, 2011 Repsol YPF bought half of Sacyr Vallehermoso's stake back in order to save the shares from being seized in a foreclosure.[6]
References
- ↑ 1.0 1.1 Lua error in package.lua at line 80: module 'strict' not found.
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- ↑ Repsol Rescues Top Holder, Buys EUR2.6Bn of Own Shares Wall Street Journal, 20 December 2011
External links
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- Construction and civil engineering companies of Spain
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- Companies established in 1999
- 1999 establishments in Spain
- Multinational companies headquartered in Spain
- Spanish brands
- Companies listed on the Madrid Stock Exchange
- IBEX-35
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