GUIPÚZCOA | Australia’s minister for Transport Gladys Berejiklian announced CAF has been selected for the $20 million contract for the supply of new vehicles to run on the Inner West Light Rail Extension. The project is due to be completed in 2014. The new light rail vehicles will operate on the Inner West Extension and [...]
FCC holds revenue in spite of demand contraction in Spain
MADRID | The Spanish infrastructure and services company FCC reported this week it had obtained €2.4 billion in revenues in the first quarter of 2012, on par with the same period last year, with international revenues increasing by 15.6%. FCC obtained a net attributable profit of €16.6 million in the first quarter, suffering a decline of [...]
The rain in Spain is fairly plain
By Julia Pastor, in Madrid | The bank with the greater economic weight in the euro zone is Spanish, Spain’s national football team won the World Championship, and so did the national basket team; the number two in the tennis ranking is from Majorca, Spanish chefs are in the covers of the most important newspapers [...]
Spanish construction firms may replicate in India the Meca-Medina HSR deal
As published on Monday in the Spanish business press, India is planning a 1,800 km high-speed line to alleviate its saturated freight train network, as well as to strengthen the country’s industrial development. The Spanish construction companies OHL, ACS, San José, Isolux, Sacyr, Aldesa and Assignia have all signed several alliances in India in order to [...]
FCC’s foreign income exceeds domestic for the first time in its history
Report by Julia Pastor, in Madrid | FCC has obtained €178 million in the first nine months of 2011, which means a 6,9% less than in in the same period of 2010, according to a  Friday’s company press release. Nevertheless, FCC’s internationalisation process, with a growing income from foreign markets of almost 9,9% reaching €4.309 [...]
