Sacyr
Sacyr S.A. (Spanish pronunciation: [saˈθiɾ]) is a Spanish construction company based in Madrid.
 | |
_01.jpg.webp) Headquarters in Madrid, Spain | |
| Type | Sociedad Anónima |
|---|---|
| BMAD: SYV | |
| ISIN | ES0182870214 |
| Industry | Construction, Investment |
| Founded | 1999 |
| Headquarters | Madrid, Spain |
Key people | Manuel Manrique Cecilia (Chairman and CEO) |
| Revenue |  €2.860 billion (2016)[1] |
| €208 million (2016)[1] | |
| €120 million (2016)[1] | |
| Website | www.sacyr.com |
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.[2]
Major projects
Major projects involving the business include the Torre Sacyr Vallehermoso, completed in 2008.[3]
Shareholdings
Sacyr was the largest shareholder in the Spanish oil company Repsol YPF, holding an approximate 20% stake.[4] On December 20, 2011 Repsol YPF bought half of Sacyr's stake back in order to save the shares from being seized in a foreclosure.[5]
References
- "Annual Report 2016" (in Spanish). Sacyr S.A. Retrieved 8 April 2018.
- "Sacyr y Vallehermoso, una fusión que la crisis truncó". El Mundo. 1 October 2013. Retrieved 14 August 2015.
- "Construction details" (PDF). Retrieved 14 August 2015.
- Ruano, Carlos; Gonzalez, Andres; Aguado, Jesus; Roberts, Martin; Rucinski, Tracy (15 January 2010). "Repsol to keep boss, long-term strategy". Reuters. Retrieved 18 July 2010.
- Repsol Rescues Top Holder, Buys EUR2.6Bn of Own Shares Wall Street Journal, 20 December 2011
External links
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