Ferrovial - Annual Report 2012


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New Markets

In recent years, one of the strategic priorities of Ferrovial Services has been expanding its activities into new geographical areas. In 2012 it exported its differentiated business model when it started operations in countries such as Qatar, Colombia, Chile and Poland, as well as extending its portfolio of services in its traditional markets (United Kingdom and Spain), where the company is the market leader. The strategy is based on creating either a new company or, in other cases, acquiring local companies as a method to accelerate expansion.


FBSerwis is a joint venture (between Budimex, with its local knowledge, and Ferrovial Services, which provides the technical knowledge of the industry) aimed at exploiting the synergies that the expertise of both companies can achieve in the integrated management of assets in the Polish market, from design and construction (carried out by Budimex) to maintenance throughout its life cycle facilitated by Ferrovial Services. The first facility management and road maintenance contracts were signed in 2012.

Its first concession was the two-year technical maintenance contract for the Ludwika Rydygiera hospital, the biggest in Krakow, which is the second largest city in the country. It has recently been awarded the contract to maintain a 48-kilometer section of the A1 highway at the Sosnica link, in the south of the country. The six-year project is in addition to those the company is carrying out in the provinces of Pomerania and Podlaskie.

In addition to the above, in July 2012 a consortium made up of Budimex, Cespa and Keppel Seghers, the Belgian environmental technology company, was awarded the contract to design and construct a thermal waste recovery plant in the city of Bialystok for 78 million euro. This is the first waste treatment project in Poland.

Qatar: The value of experience

Ferrovial Services started operating in Qatar in 2012 with its first contracts:

  • The Qatar Public Works Authority (Ashghal) has chosen Amey to provide consultancy services for the management and improvement of the road network in the country over the next five years. Ashghal is the authority responsible for the planning, design, construction and management of road infrastructure in Qatar. Under the contract, Amey will act as a consultant to improve policies and procedures related to the operation and maintenance of roads, customer service and financial management, among other functions.
  • Ferrovial Qatar has been contracted to provide facility management services in specialized facilities at Doha International Airport for 30 million euro over the next three years with an option to extend the contract for another three years. When the new Doha International Airport opens, in the second half of 2013, it will become one of the largest airports in the world, the main gateway to the Middle East and the operational base for Qatar Airways.

Latin America: New horizons

During 2012, Chile and Colombia have been the focus of attention for Ferrovial Services in launching its operations in Latin America. Commercial offices have been set up in both countries and various growth opportunities are being analyzed.

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This is an electronic version of the 2012 Annual Report prepared by Ferrovial, S.A. for its stakeholders, which aims to be complete and accurate. The contents of this version can be checked by referring to the print version. A copy of the print version in PDF format is available to download on this web page