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Sacyr

#3392

Rank

$4.33B

Marketcap

ES Spain

Country

Sacyr
Leadership team

Mr. Manuel Manrique Cecilia (Co-Founder, Chairman, CEO & Pres)

Mr. Jose Manuel Loureda Mantinan (Co-Founder & Director)

Mr. Carlos Mijangos Gorozarri (Chief Financial Officer)

Products/ Services
Asset Management, Construction, Infrastructure
Number of Employees
20,000 - 50,000
Headquarters
Madrid, Madrid, Spain
Established
1986
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
SCYR.MC
Social Media
Overview
Location
Summary
Sacyr, S.A. engages in the construction and infrastructure concession services businesses worldwide. The company operates through Concessions, Engineering and Infrastructure, and Services divisions. It offers various construction services comprising civil engineering and buildings, as well as engineering and construction, and maintenance of industrial and oil and gas facilities. The company also engages in motorway, transport hub, airport, and hospital concessions business. In addition, it develops conventional and renewable energy facilities, photovoltaic and geothermal plants, and biomass energy systems; maintains power plants and industrial facilities; and designs, constructs, and operates waste treatment and waste-to-power plants, as well as manages processing plants and equipment. Further, the company engages in the implementation of refinery, chemical and petrochemical, gas handling and treatment, and liquefied natural gas projects; transportation and storage of fuels; and engineering development and construction of high-voltage electricity lines and electricity substations, as well as maintenance of medium and high-voltage electricity lines. Additionally, it offers environmental work and regeneration services; integrated water cycle management, water purification, desalination, and recycling services; facility management and maintenance, building cleaning, and ancillary services; and mining services, as well as involved in street cleaning; waste collection; sludge treatment; gardening and maintenance of green areas; parking meter management; towing; bicycle rental; and removal of vehicles from public thoroughfares. Sacyr, S.A. also engages in real estate development activities; the provision of catering services; and the operation of restaurants and hotels, petrol stations, and retail outlets. The company was formerly known as Sacyr Vallehermoso S.A. and changed its name to Sacyr, S.A. in August 2013. Sacyr, S.A. is headquartered in Madrid, Spain.
History

The company was founded in 1986 as Sociedad Anónima Caminos y Regadíos and was renamed Sacyr in 1991. The company received their first concession in 1996, which was the Chilean El Elquí highway. From this moment on, it began its expansion by adding concessions in Chile and Spain and making purchases such as that of Avasa, the highway between Bilbao and Zaragoza.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.In June 2006 Isolux Corsán presented a takeover bid for Europistas at a price of 4.8 euros per share, which meant valuing the company at 646 million euros.On December 1, 2008, an agreement between the Citigroup fund and Sacyr was announced, whereby Sacyr disposed of its subsidiary for €7,887 million, €2,874 million in cash plus €5,013 million in net debt that would be assumed by the fund. The agreement did not include concessions under development and concessions in operation that were not highways. In addition, the group would later acquire from Citigroup a series of toll roads worth €478.3 million and a series of concession activities in the launch and construction phase for a total amount of €450 million. Sacyr seeks to bring together all the concessions it holds in a new subsidiary, Sacyr Concesiones. Abertis also agreed with Citigroup to buy assets in Spain and Chile for a value of €621 million. Also, Atlantia would acquire stakes in toll roads in Portugal, Brazil and Chile for €420 million.

Mission
Our mission is to be a reference in engineering and construction, offering top-quality solutions tailored to the needs of our customers, who are the focus of our business.
Vision
We strive for the satisfaction of our customers and society, and work to build trust continuously.
Key Team

Mr. José Carlos Otero Fernández (Gen. Mang. of Admin. & Operations)

Mr. Pedro Alonso Ruiz (Gen. Mang. of Communication)

Ms. Patricia Martinez Inigo (Gen. Mang. of HR & Talent Management)

Mr. Fernando Lozano Sainz (Chief Exec. Officer of Sacyr Services)

Mr. Pedro Siguenza Hernandez (Chief Exec. Officer of Sacyr Engineering & Infrastructures)

Ms. María Muñoz Muñoz (Head of M&A)

Mr. Francisco Javier Gayo Pozo (Chairman, MD & Director of Sacyr S A U)

Recognition and Awards
Sacyr has been recognized with several awards, including the Ibero-American Corporate Governance Award, the International Public-Private Partnerships Award, and the International Construction Contractors Award.
References

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Sacyr
Leadership team

Mr. Manuel Manrique Cecilia (Co-Founder, Chairman, CEO & Pres)

Mr. Jose Manuel Loureda Mantinan (Co-Founder & Director)

Mr. Carlos Mijangos Gorozarri (Chief Financial Officer)

Products/ Services
Asset Management, Construction, Infrastructure
Number of Employees
20,000 - 50,000
Headquarters
Madrid, Madrid, Spain
Established
1986
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
SCYR.MC
Social Media