What is Ferrovial means?

What is Ferrovial means?

Ferrovial, S.A. (Spanish pronunciation: [feroˈβjal]), previously Grupo Ferrovial, is a Spanish multinational company involved in the design, construction, financing, operation (DBFO) and maintenance of transport infrastructure and urban services.

Who owns Cintra global se?

Ferrovial S. A.
The Company is owned by indirectly owned subsidiaries of Canada Pension Plan Investment Board (total 50.01%), also known as CPP Investments; Cintra Global S.E., a wholly owned subsidiary of Ferrovial S. A. (43.23%); and SNC-Lavalin (6.76%).

Who is Cintra global?

Cintra, S.A. (Concesiones de Infraestructuras de Transporte, translated as Toll Transport Infrastructures) is one of the largest private developers of transport infrastructure in the world. Its assets are fundamentally toll roads and car parks, in which it has a total investment of €16billion.

What kind of company is Ferrovial?

Ferrovial SA is an infrastructure operator and industrial company. The Company operates in multiple countries in a range of sectors including construction, airport, toll road, and municipal services.

How many employees does Ferrovial have?

1,400 employees
Ferrovial Services North America has more than 1,400 employees and a presence in 14 states (notably California, Florida, Texas, and Colorado) and one province in Canada (Ontario).

Does Ferrovial own Heathrow?

Ferrovial has announced the sale of 5.72% of Heathrow Airport Holdings Ltd, previously known as BAA Ltd., to Stable Investment Corporation, a wholly owned subsidiary of CIC International Co., Ltd, for GBP 257.4 million. Following closing today, Ferrovial owns 44.27% of Heathrow Airport Holdings Ltd.

Who sold the 407?

The segment is operated privately under a 99-year lease agreement with the provincial government, which was sold in 1999 for about C$3.1 billion to a consortium of Canadian and Spanish investors operating under the name 407 International Inc.

How much does the 407 make per year?

In 2020, 407 International earned $148 million on $908.6 million of revenues, down from $575.7 million on $1.51 billion of revenues a year earlier. This report by The Canadian Press was first published April 22, 2021.

Where is Cintra located?

Cintra Bay or the Gulf of Cintra is a large, half-moon shaped bay on the coast of Río de Oro province, Western Sahara. It is located about 120 km (75 mi) south of Dakhla. Its coastline is sparsely populated, and the environment is mostly wild and undeveloped….

Cintra Bay
Part of Atlantic Ocean

What does Cintra mean?

(ˈsɪntrə ) noun. a town in central Portugal, near Lisbon, in the Sintra mountains: noted for its castles and palaces and the beauty of its setting: tourism. Former name: Cintra. Collins English Dictionary.

Who owns Ferrovial construction?

del Pino family
Based in Madrid, and still majority owned by the founding del Pino family, Ferrovial posted sales of EUR 3.6 billion in 2000. Spain continues to account for more than 80 percent of the company’s total sales.

How big is Ferrovial?

Ferrovial Services North America has more than 1,400 employees and a presence in 14 states (notably California, Florida, Texas, and Colorado) and one province in Canada (Ontario).

When did Cintra become a public company in Spain?

Formerly traded on the Madrid Stock Exchange and part of the Spanish benchmark IBEX 35 stock index, Cintra was reacquired by its former owner Ferrovial in December 2009. The Company was founded in 1998 as a spin off from Ferrovial Group with the objective of focusing on Ferrovial ‘s infrastructure development business.

When did Ferrovial take control of Cintra toll road?

Initially Ferrovial ‘s toll road assets were transferred to the new company and, subsequently, its car park assets were also transferred. A controlling stake continued to be owned by Ferrovial, which maintained a 66.88% shareholding. Cintra was reacquired in full by Ferrovial in December 2009.

How many highways does Cintra have in the world?

The deal was structured as a reverse takeover (despite both companies being publicly traded), resulting in Ferrovial taking Cintra’s stock market listing and ISIN code. Operating in 9 countries including Canada, Chile, Greece, Ireland, Portugal, Spain, and the United States, the company currently manages 24 highways totaling 1,468 km.

Why was Cintra named strategic partner of Texas?

In 2005, Cintra was named strategic partner of the State of Texas for the subsequent 50 years, in order to help develop the Trans-Texas Corridor. It was to be operated in a partnership with San Antonio, Texas based Zachry Construction Company.

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