Ferrovial's story: a leader in infrastructure and mobility

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Our name derives from the Spanish word for railway, and our company originally focused on railway projects--created to execute a contract to mortise wooden rail ties for Renfe, the Spanish railway company. In 1958, Renfe awarded us the project to build the railway link between Las Rozas and Chamartín, in Madrid. We laid 18 miles of track in 30 days. Play Video 1960 Road Construction At the beginning of the decade, we had over 500 employees. Our company expanded into constructing waterworks, roads and buildings, and also moved into the toll road concession business. We diversified into a wide range of projects, all of which were highly complex in both engineering and financial terms. Play video 1970 First Phase of International Expansion Towards the end of the 1970s, during the recession caused by the oil crisis, we decided to explore opportunities in other countries. Our first international projects were concentrated in four countries: Libya, Mexico, Brazil and Paraguay. 1980 Construction Revived in Spain We played a very important role in modernizing Spain and making it more European after it joined what was then called the European Economic Community. Our company was one of the key players in building the network of highways and accesses to the big cities, and in expanding and modernizing the ports, airports and railways, as well as building new schools and hospitals. During this time, we acquired Cadagua, a company specialized in designing, building and operating drinking water and sewage treatment plants. 1990 Diversification, Further Internationalization and Initial Public Offering In 1992, Rafael del Pino Calvo-Sotelo was appointed CEO of our company. With the acquisition of Agroman, now Ferrovial Construction, we positioned ourselves as one of Spain's largest construction companies. We also entered the North American market by obtaining the 407 ETR, a Canadian toll road, under a 99-year concession. Our company was floated on the stock exchange in 1999. Find out more about our project 407 ETR 2000 Consolidation of the Services Business and Purchase of Important Adquisitions In 2000, Rafael del Pino Calvo-Sotelo was appointed Chairman of our company. We made important acquisitions during this decade including the Polish construction company Budimex, the services companies of Amey in the UK and Cespa in Spain, and the airport operator BAA, currently known as Heathrow Airport Holdings. 2010 2010 - 2014 The 2nd decade of the 21st century has seen us grow with highway awards in North America, such as the NTE and the LBJ in Texas, I-77 in North Carolina, and extensions of the 407 EDG in Canada. In the United Kingdom, we acquired the airports of Aberdeen, Glasgow and Southampton, and took on the T2 projects of Heathrow, Crossrail, Northern Line and M8. In addition, we were awarded the Pacific Highway in Australia, ITER in France, the Turow plant in Poland, the Condor plant in Chile, the Al Ghubrah desalination plant in Oman, and the rail connection with Barcelona’s airport. 2015 - 2018 Since 2015, we have won the award for the I-66 in Virginia, Grand Parkway and new segments of the NTE (3A and 3B) in Texas, and a section of the California AVE in the U.S. In Australia, we won the Toowoomba beltway, the Northern Beaches’ hospital connection, the Clarence River crossing and the maintenance of several roads in Melbourne. In Chile, we built section 2 of the L6 of Santiago’s metro system, the Routes of the Loa and an electric transmission line. We also undertook the works of Thames Tideway Tunnel in London and the Bratislava beltway. 2019 In the last year of the decade, we began the works for the IH35 highway in Texas, the Cocoa Route in Colombia and the AVE line between the municipalities of Pulpi and Vera in Spain. In addition, we were awarded major projects such as the Silvertown Tunnel in London, the expansion of the NTE (segment 3C) and the reconstruction of I-35 in Waco, Texas. Today Ready for the Future We launched a new strategy that marked a turning moment in the company's strategic direction, a change of course to transform Ferrovial into a more agile, more profitable and better positioned organization to face global challenges, such as climate change and urban congestion, and a pioneer of smarter and sustainable infrastructure that can offer solutions to society."><meta class="elastic" name="excerpt" content="Our History 1950 Rail and Waterworks On December 18th 1952, Rafael del Pino y Moreno founded Ferrovial in an attic in central Madrid. Our name derives from the Spanish word for railway, and our company originally focused on railway projects--created to execute a contract to mortise wooden rail ties for Renfe, the Spanish railway company. In 1958, R [...]"><meta class="elastic" name="featured_img" content=""><meta class="elastic" name="sections" content=""><meta class="elastic" name="domain_identifier" content="1"><meta class="elastic" name="post_tax_translation_priority" content="Optional"><meta class="elastic" name="language" content="en-au"><meta name="st:robots" content="follow, index"> </head> <body class="page-template-default page page-id-229444 page-child parent-pageid-229468 wp-embed-responsive wp-schema-pro-2.7.17">   <noscript><iframe data-cli-class="cli-blocker-script" data-cli-label="Google Tag Manager" data-cli-script-type="analytics" data-cli-block="true" data-cli-block-if-ccpa-optout="false" data-cli-element-position="body" data-cli-placeholder="Accept <a class='cli_manage_current_consent' tabindex='0'>Measurement</a> cookies to view the content." data-cli-src="https://www.googletagmanager.com/ns.html?id=GTM-T584CR" height="0" width="0" style="display:none;visibility:hidden" aria-hidden="true"></iframe></noscript>  <div id="app" v-cloak> <m-header fixed='true' title='Back to home' :translations='{ "goto":"Go to", "external":"Open in a new tab", "contrast":"Enhance contrast", "revertcontrast":"Disable contrast", "globalsearch":"search" }'> <div slot="logo" role="heading" aria-level="1"> <a href='https://www.ferrovial.com/en-au/' title='Back to home'> <span>ferrovial</span> <c-icon icon="logo" size="free"> </c-icon> </a> </div> <ul slot="topbar"> <li>Enhance contrast</li> <li>Skip to content</li> <li>Other Websites</li> <li>Australia</li> </ul> <div slot="subcontent"> <p>Each project and asset is legally independent and has its own managers.</p> </div> <div slot="brands" close-label="X Close brands"> <div>Find out the Company's Websites</div> <ul> <li> <h3 data-icon="roads">Highways</h3> <ul> <li> <a href="https://www.ferrovial.com/en-au/cintra-au/" title="Cintra">Cintra</a> </li> </ul> <h4>407 ETR</h4> <ul> <li> <a href="https://www.407etr.com/en/index.html" target='_blank' title="407 ETR">407 ETR</a> </li> <li> <a href="http://www.407eastphase1.ca/" target='_blank' title="407 EDG">407 EDG</a> </li> <li> <a href="http://www.407eastphase2.ca/" target='_blank' title="407 East Phase 2">407 East Phase 2</a> </li> <li> <a href="https://www.lbjtexpress.com/" target='_blank' title="LBJ Texpress">LBJ Texpress</a> </li> <li> <a href="https://www.ntetexpress.com/" target='_blank' title="NTE Texpress">NTE Texpress</a> </li> <li> <a href="http://www.northtarrantexpress.com/" target='_blank' title="NTE35W">NTE35W</a> </li> <li> <a href="https://www.i77express.com/" target='_blank' title="i77 Express">i77 Express</a> </li> <li> <a href="http://66expresslanes.org/" target='_blank' title="I66">I66</a> </li> <li> <a href="https://netflowjv.com.au/" target='_blank' title="WRU">WRU</a> </li> <li> <a href="https://www.serranopark.es/en" target='_blank' title="Serranopark">Serranopark</a> </li> <li> <a href="http://www.vialivre.pt/" target='_blank' title="Vialivre">Vialivre</a> </li> <li> <a href="https://www.autema.com/es/" target='_blank' title="Autema">Autema</a> </li> <li> <a href="http://rutadelcacao.com.co/" target='_blank' title="Ruta del Cacao">Ruta del Cacao</a> </li> <li> <a href="http://www.d4r7.com/" target='_blank' title="D4R7">D4R7</a> </li> </ul> </li> <li> <h3 data-icon="airports">Airports</h3> <ul> <li> <a href="https://www.ferrovial.com/en-au/f-airports/" title="Ferrovial Airports">Ferrovial Airports</a> </li> </ul> <h4>Airports Websites</h4> <ul> <li> <a href="http://www.heathrow.com/" target='_blank' title="Heathrow Airport">Heathrow Airport</a> </li> <li> <a href="https://www.glasgowairport.com/" target='_blank' title="Glasgow Airport">Glasgow Airport</a> </li> <li> <a href="https://www.southamptonairport.com/" target='_blank' title="Southampton Airport">Southampton Airport</a> </li> <li> <a href="https://www.aberdeenairport.com/" target='_blank' title="Aberdeen Airport">Aberdeen Airport</a> </li> </ul> </li> <li> <h3 data-icon="construction">Construction</h3> <ul> <li> <a href="https://www.ferrovial.com/en-au/f-construction/" title="Ferrovial Construction">Ferrovial Construction</a> </li> </ul> <ul> <li> <a href="https://www.ferrovial.com/en-us/webber/" target='_blank' title="Webber">Webber</a> </li> <li> <a href="https://www.ferrovial.com/en-au/plw-waterworks/" title="PLW Waterworks">PLW Waterworks</a> </li> <li> <a href="https://www.ferrovial.com/en/budimex" target='_blank' title="Budimex">Budimex</a> </li> <li> <a href="https://www.ferrovial.com/en/cadagua/" target='_blank' title="Cadagua">Cadagua</a> </li> <li> <a href="https://www.ferrovial.com/en/edytesa/" target='_blank' title="Edytesa">Edytesa</a> </li> <li> <a href="https://www.ferrovial.com/en/tecpresa/" target='_blank' title="Tecpresa">Tecpresa</a> </li> </ul> </li> <li> <h3 data-icon="utilities">Energy</h3> <ul> <li> <a href="https://www.ferrovial.com/en-au/ferrovial-energy/" title="Ferrovial Energy">Ferrovial Energy</a> </li> </ul> </li> <li> <h3 data-icon="othercorp">Other activities</h3> <ul> <li> <a href="https://www.ferrovial.com/en-au/circular-economy/" title="Circular Economy">Circular Economy</a> </li> <li> <a href="https://www.ferrovial.com/en-au/water/" title="Water">Water</a> </li> <li> <a href="https://www.ferrovial.com/en/business/services-mining-and-industry/" target='_blank' title="Industry Services">Industry Services</a> </li> </ul> </li> </ul> </div> <div slot="global" close-label="Close menu"> <div>Select your country</div> <ul> <li><a data-lang="en-au" href="https://www.ferrovial.com/en-au/company/history/" title="Australia">Australia</a></li> <li><a data-lang="en-ca" href="https://www.ferrovial.com/en-ca/company/history/" title="Canada">Canada</a></li> <li><a data-lang="es-es" href="https://www.ferrovial.com/es-es/compania/historia/" title="España">España</a></li> <li><a data-lang="es-la" 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</m-header> <main role="main" id="maincontent"> <m-history> <div slot="historyFolds"> <m-history-fold class='fold-loaded' type='cover' bgtype='video' bgsource='https://static.ferrovial.com/wp-content/uploads/2019/11/13140521/2019-08-20-1.jpg, https://static.ferrovial.com/wp-content/uploads/2019/11/13140521/2019-08-20-1.jpg' bgposition='center center' poster='https://static.ferrovial.com/wp-content/uploads/2019/11/13140521/2019-08-20-1.jpg' navigation='false'> <h2 slot="title"> Our History </h2> </m-history-fold> <m-history-fold type='mask' bgtype='transparent' position='right' navigation='1950'> <h3 slot="title"> 1950 </h3> <h4 slot="subtitle"> Rail and Waterworks </h4> <div slot="content"> <p> On December 18th 1952, Rafael del Pino y Moreno founded Ferrovial in an attic in central Madrid. Our name derives from the Spanish word for railway, and our company originally focused on railway projects–created to execute a contract to mortise wooden rail ties for Renfe, the Spanish railway company. In 1958, Renfe awarded us the project to build the railway link between Las Rozas and Chamartín, in Madrid. We laid 18 miles of track in 30 days. </p> </div> <div slot="button"> <c-link class="modal-launcher" icon="play" data-type="iframe" iconsize="m" iconposition="left"> <a href="https://www.youtube-nocookie.com/embed/mDPMwfebHWk" target="_blank" title="Play video Rail and Waterworks">Play Video</a> </c-link> </div> </m-history-fold> <m-history-fold bgposition='center center' align='right' navigation='1960' bgtype='image' bgsource='https://static.ferrovial.com/wp-content/uploads/2019/12/13140514/1960-bilbao-behobia-zarauz-orio-historia-ferrovial-1803x1080.jpg'> <h3 slot="title"> 1960 </h3> <h4 slot="subtitle"> Road Construction </h4> <div slot="content"> <p> At the beginning of the decade, we had over 500 employees. Our company expanded into constructing waterworks, roads and buildings, and also moved into the toll road concession business. We diversified into a wide range of projects, all of which were highly complex in both engineering and financial terms. </p> </div> <div slot="button"> <c-link class="modal-launcher" icon="play" data-type="iframe" iconsize="m" iconposition="left"> <a href="https://www.youtube-nocookie.com/embed/PaHTQuXh9lo" target="_blank" title="Play video Road Construction">Play video</a> </c-link> </div> </m-history-fold> <m-history-fold bgtype='map' navigation='1970'> <h3 slot="title"> 1970 </h3> <h4 slot="subtitle"> First Phase of International Expansion </h4> <div slot="content"> <p> Towards the end of the 1970s, during the recession caused by the oil crisis, we decided to explore opportunities in other countries. Our first international projects were concentrated in four countries: Libya, Mexico, Brazil and Paraguay. </p> </div> </m-history-fold> <m-history-fold bgtype='shapeimage' bgsource='https://static.ferrovial.com/wp-content/uploads/2020/01/13141029/autovia-terrasa-manresa_02-e1579013046517-1920x1080.jpg' bgposition='center center' position='right' navigation='1980' innerShape='type1'> <h3 slot="title"> 1980 </h3> <h4 slot="subtitle"> Construction Revived in Spain </h4> <div slot="content"> <p> We played a very important role in modernizing Spain and making it more European after it joined what was then called the European Economic Community. Our company was one of the key players in building the network of highways and accesses to the big cities, and in expanding and modernizing the ports, airports and railways, as well as building new schools and hospitals. During this time, we acquired Cadagua, a company specialized in designing, building and operating drinking water and sewage treatment plants. </p> </div> </m-history-fold> <m-history-fold bgtype='color2' navigation='1990' innerShape='type2'> <h3 slot="title"> 1990 </h3> <h4 slot="subtitle"> Diversification, Further Internationalization and Initial Public Offering </h4> <div slot="content"> <p> In 1992, Rafael del Pino Calvo-Sotelo was appointed CEO of our company. With the acquisition of Agroman, now Ferrovial Construction, we positioned ourselves as one of Spain's largest construction companies. We also entered the North American market by obtaining the 407 ETR, a Canadian toll road, under a 99-year concession. Our company was floated on the stock exchange in 1999. </p> </div> <div slot="button"> <c-link slot="link" icon="external" external="true"> <a href='https://www.ferrovial.com/en/business/projects/407-etr/' title='Find out more about our project 407 ETR' target='_blank' sr-only='Open new window' >Find out more about our project 407 ETR</a> </c-link> </div> </m-history-fold> <m-history-fold bgposition='center center' align='right' navigation='2000' bgtype='image' bgsource='https://static.ferrovial.com/wp-content/uploads/2019/09/13140523/ferrovial-aeropuertos-heathrow-airport.jpg'> <h3 slot="title"> 2000 </h3> <h4 slot="subtitle"> Consolidation of the Services Business and Purchase of Important Adquisitions </h4> <div slot="content"> <p> In 2000, Rafael del Pino Calvo-Sotelo was appointed Chairman of our company. We made important acquisitions during this decade including the Polish construction company Budimex, the services companies of Amey in the UK and Cespa in Spain, and the airport operator BAA, currently known as Heathrow Airport Holdings. </p> </div> </m-history-fold> <m-history-fold bgtype='color2' type='parallax' navigation='2010'> <h3 slot="title"> 2010 </h3> <c-history-fold-card slot="parallax" ind="0"> <h4 slot="title"> 2010 – 2014 </h4> <div slot="content"> <p> The 2nd decade of the 21st century has seen us grow with highway awards in North America, such as the NTE and the LBJ in Texas, I-77 in North Carolina, and extensions of the 407 EDG in Canada. In the United Kingdom, we acquired the airports of Aberdeen, Glasgow and Southampton, and took on the T2 projects of Heathrow, Crossrail, Northern Line and M8. In addition, we were awarded the Pacific Highway in Australia, ITER in France, the Turow plant in Poland, the Condor plant in Chile, the Al Ghubrah desalination plant in Oman, and the rail connection with Barcelona’s airport. </p> </div> <div slot="image"> <img src='https://static.ferrovial.com/wp-content/uploads/2019/09/13140522/2019-08-20-1.png' alt='autopista norteamericana' width='380' height='560'> </div> </c-history-fold-card> <c-history-fold-card slot="parallax" ind="1"> <h4 slot="title"> 2015 – 2018 </h4> <div slot="content"> <p> Since 2015, we have won the award for the I-66 in Virginia, Grand Parkway and new segments of the NTE (3A and 3B) in Texas, and a section of the California AVE in the U.S. In Australia, we won the Toowoomba beltway, the Northern Beaches’ hospital connection, the Clarence River crossing and the maintenance of several roads in Melbourne. In Chile, we built section 2 of the L6 of Santiago’s metro system, the Routes of the Loa and an electric transmission line. We also undertook the works of Thames Tideway Tunnel in London and the Bratislava beltway. </p> </div> <div slot="image"> <img src='https://static.ferrovial.com/wp-content/uploads/2019/12/13140508/construction-thames-tideway-london-450x600.jpg' alt='thames tideway construction in london' width='380' height='560'> </div> </c-history-fold-card> <c-history-fold-card slot="parallax" ind="2"> <h4 slot="title"> 2019 </h4> <div slot="content"> <p> In the last year of the decade, we began the works for the IH35 highway in Texas, the Cocoa Route in Colombia and the AVE line between the municipalities of Pulpi and Vera in Spain. 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