Fomento de Construcciones y Contratas SA

F:FCC

Business Description

Sector

Industrials

Industry

Commercial Services & Supplies

Headquarters

Spain ES

Employees

72 910

IPO date

Sep 30, 1999

Fomento de Construcciones y Contratas, or FCC, is a Spanish company that builds roads, rail lines, buildings, and other large public works, and it also runs environmental services such as waste collection, street cleaning, and water services. In practice, it is part contractor, part utility-like service provider: it helps cities, governments, and private developers create and maintain the infrastructure people use every day.

FCC makes money in two main ways. One is by winning construction contracts and being paid for delivering specific projects. The other is by signing long-term service contracts to collect waste, clean streets, manage water systems, or treat and recycle materials. Its main customers are public authorities, municipalities, industrial clients, and developers that need steady, hands-on infrastructure and environmental work.

What makes FCC different is that it sits at the point where heavy construction meets essential public services. Many construction firms only build, but FCC also stays involved after the project is finished by operating services that cities and communities depend on. That gives the business a mix of one-off project income and more recurring contract revenue tied to everyday urban and environmental needs.