- Business
- Fomento de Construcciones y Contratas, S.A. (FCC) operates as a leading Spanish business group specializing in environmental services, water management, infrastructure construction, cement production, and real estate; its core divisions include FCC Environmental, which provides street cleaning, urban waste collection, recycling, and industrial waste management; Aqualia, managing the full water cycle from intake and purification to wastewater treatment and distribution; FCC Construction, delivering civil engineering projects such as roads, railways, metros, airports, hydraulic works, bridges, and buildings; Cementos Portland, producing cement, concrete, aggregates, and mortar; and FCC Real Estate, handling property development and management. The company, founded in 1900 and headquartered in Barcelona, Spain, employs over 67,000 people and generates more than 47% of its revenue from international operations across over 29 countries in Europe, the Americas, Africa, and the Middle East. In recent developments, FCC completed a €1.6 billion partial spin-off of its cement and real estate businesses into Inmocemento in 2024, which conducted a €1.9 billion IPO and now operates independently as a listed entity; the construction division expanded its project portfolio by 20% in the first half of 2025, securing key contracts like the Madrid Metro Line 5 extension to Barajas Airport (€180 million), a high-speed rail section in Spain (€390 million), and the Nou Mestalla stadium completion; environmental services won major municipal contracts including waste management in El Puerto de Santa María (€169 million) and Pamplona street cleaning (€100 million); while Aqualia added a 25-year drinking water supply deal in Llagosta, Barcelona (€39 million); overall, revenues rose 8.4% in the first nine months of 2025, with EBITDA up 11.3% in the first half.