Fomento de Construcciones y Contratas
Encyclopedia
Fomento de Construcciones y Contratas is a leading Spanish
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 construction company based in Barcelona
Barcelona
Barcelona is the second largest city in Spain after Madrid, and the capital of Catalonia, with a population of 1,621,537 within its administrative limits on a land area of...

. It is publicly traded and is part of the IBEX 35
IBEX 35
The IBEX 35 is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Españoles , the company which runs Spain's securities markets...

.

Over 50% of the shares are owned by a company controlled by Esther Koplowitz and others.

History

The business was founded in Barcelona
Barcelona
Barcelona is the second largest city in Spain after Madrid, and the capital of Catalonia, with a population of 1,621,537 within its administrative limits on a land area of...

 in 1900 as Fomento de Obras y Construcciones S.A. and became known as FOCSA. In 1992 FOCSA merged with Construcciones y Contratas, a company founded in Madrid
Madrid
Madrid is the capital and largest city of Spain. The population of the city is roughly 3.3 million and the entire population of the Madrid metropolitan area is calculated to be 6.271 million. It is the third largest city in the European Union, after London and Berlin, and its metropolitan...

 in 1944 to form Fomento de Construcciones y Contratas, S.A.

Structure

The business has the following divisions:
  • Construction
  • Environmental services
  • Urban related services (Versia)
  • Cement
  • Real estate (Realia)
  • Energy

Major projects

Major projects involving the company include the Torre Picasso
Torre Picasso
Torre Picasso is a skyscraper in Madrid, Spain. From 1988 till 2007 it was the tallest building in Madrid with its 157 m and 43 floors. Torre Picasso is located next to the Pablo Picasso Square, within the commercial complex AZCA along the Paseo de la Castellana...

 completed in 1988, Puerta de Europa
Puerta de Europa
The Puerta de Europa towers are twin office buildings in Madrid. The towers have a height of and have 26 floors. They were constructed from 1989 to 1996...

 completed in 1996, the El Museu de les Ciències Príncipe Felipe
El Museu de les Ciències Príncipe Felipe
Príncipe Felipe Science Museum is an important visitor attraction in Valencia in Spain. It forms part of the City of Arts and Sciences...

 completed in 2000, the Torre Caja Madrid
Torre Caja Madrid
The Torre Caja Madrid is a skyscraper located in the Cuatro Torres Business Area in Madrid, Spain. With a height of and 45 floors, it is the tallest of the four buildings in the Cuatro Torres Business Area complex, surpassing Torre de Cristal by less than a metre, and the tallest building in...

 completed in 2008 and the Pasajul Basarab completed in 2011.
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