Type Sociedad Anónima Number of employees 21,380 (end 2010) Headquarters Madrid, Spain Revenue 3.614 billion EUR (2012) | Traded as BMAD: SYV Website www.gruposyv.com Founded 1986 | |
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Industry Construction, Investment Key people Manuel Manrique Cecilia (President and CEO) Stock price SCYR (BME) € 2.33 -0.04 (-1.48%)27 Mar, 5:36 PM GMT+2 - Disclaimer CEO Manuel Manrique Cecilia (10 Nov 2004–) Subsidiaries Macao Servicios Profesionales, Ltda Profiles | ||
Sacyr Vallehermoso, S.A. ([saˈθir βaʎerˈmoso]) is a leading Spanish construction company based in Madrid. It is publicly traded and is part of the IBEX 35 capitalization-weighted stock market index.
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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.
Major projects
Major projects involving the business include the Torre Sacyr Vallehermoso, completed in 2008.
Shareholdings
Sacyr Vallehermoso was the largest shareholder in the Spanish oil company Repsol YPF, holding an approximate 20% stake. On December 20, 2011 Repsol YPF bought half of Sacyr Vallehermoso's stake back in order to save the shares from being seized in a foreclosure.