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Historico

2022

  • Sacyr enters the Chilean Chamber for Construction (CChC) ‘s honor roll

    Sacyr enters the Chilean Chamber for Construction (CChC) ‘s honor roll
    03/06/2022

    The Chilean Chamber for Construction highlighted Sacyr’s activity in Chile for its significant achievements in safety and occupational health.

     During the Chile Construction Week, an activity organized by the Chilean Chamber for Construction (CChC), Sacyr was recognized in the chamber’s honor roll with 4 and 6 stars for its work on safety and occupational health issues.
    This milestone recognizes the implementation of SST management systems and the reduced accident rates, aspects that directly affect the health and wellbeing of all employees.
    Valentina Pérez, People Manager (Corporate); Franco Ortiz; Safety and Health Manager (Corporate); Oriol Negrell, Director of Civil Works; and Javier Villanueva, General Manager of Sacyr Concesiones ‘Ruta de la Fruta’ and ‘Ruta del Elqui’, attended the award ceremony as Sacyr representatives.
    At Sacyr, we promote safety at every level of the organization to build a safe work environment.

  • Sacyr to expand the Museo del Prado

    Sacyr to expand the Museo del Prado
    02/06/2022

    Sacyr Engineering and Infrastructures has won the contract for the architectural and museum rehabilitation of the ‘Salón de Reinos’.

    The Museo del Prado of Madrid has awarded the development of an expansion project to a joint venture consisting of Sacyr Engineering and Infrastructure and Empty.
    With this highly relevant action for an institution as important as the Museo del Prado, the development will add more than 9,000 m2 of the ‘Salón de Reinos’ to the museum space. The goal of this project is to hold the museum’s collections and develop a specific program of temporary expositions.
    This expansion will enrich the cultural offer of the Paseo del Prado and Buen Retiro, which was inscribed on the UNESCO Heritage Site list in 2021.
    It is expected that works start next July and have a project deadline of 30 months. Construction project management falls to the JV Foster+Partners-Rubio Arquitectura.

  • The minister for transport inaugurates the new building connecting terminals 1 and 2 of the Tenerife Sur Airport

    The minister for transport inaugurates the new building connecting terminals 1 and 2 of the Tenerife Sur Airport
    25/05/2022

    Raquel Sánchez, Minister for Transport, Mobility and Urban Agenda, along with other authorities from the political and business worlds, has inaugurated the new building of the Tenerife Sur airport, built by Sacyr, which connects terminals 1 and 2. 

    This project, awarded by AENA, has involved a €54 million investment. With the new building, the net usable area is increased in 14,000 m2, thus achieving a complete transformation of the airport facilities by uniting the two buildings into a single terminal area. 

    The construction works by Sacyr Engineering and Infrastructures included the distribution of the external urbanization of the terminal area, to adapt it to its new layout; the construction of a modern, centralized safety checkpoint in a single level, with two spacious, lateral check-in areas in terminals 1 and 2. 

    The building also includes two new jet bridges and four new boarding gates.

    Extensive experience

    Sacyr has extensive experience in the development of airports in Spain and Portugal, with more than €1.6 billion in completed works. Some of them include the T4 of the Adolfo Suárez Madrid Barajas airport, or the Murcia and Ciudad Real airports. Currently, Sacyr develops the rehabilitation works of the El Tepual (Puerto Montt) and Chacalluta (Arica) airports, both in Chile; and the Chiclayo and Lima airports in Peru. 

  • We surpass the 70% progress mark in the Ferrocarril Central de Uruguay project

    We surpass the 70% progress mark in the Ferrocarril Central de Uruguay project
    22/05/2022

    This project will connect the country’s inland with the port of Montevideo through a 273 km layout

    Construction for this megastructure began in late 2021, and it currently stands at more than 70% progress, with earthworks at 85%.
    In total, we have excavated more than 10 million m3 of soil, between soil movement and excavation of trenches, which are at approximately 80% progress. The execution of the new railway bridges exceeds 75% progress.
    In addition, the installation of the railways advances at a good pace, with 80,000 meters of rails installed and more than 90,000 crossties placed.

    More than 3,500 professionals involved
    There are more than 3,500 professionals involved in this project, which is the largest investment in transport infrastructure in the history of Uruguay and it is also its most ambitious P3 project. 
    The consortium Grupo Vía Central (GVC), led by Sacyr with Uruguayan firms Saceem and Berkes and the French NGE, oversees the financing, design, construction, rehabilitation and maintenance of the infrastructure for an 18-year term. 

  • Asepeyo recognizes Sacyr’s Safety Monitors program

    Asepeyo recognizes Sacyr’s Safety Monitors program
    18/05/2022

    Mutual society Asepeyo has given Sacyr the award for best practices in prevention management in its yearly award ceremony.
     Mutual society Asepeyo has given Sacyr the award for best practices in prevention management for its Safety Monitors program. 
    Miguel París, Safety and Health director at Sacyr, collected this award, which recognizes the best practices of Sacyr’s prevention management system, which promote the incorporation of prevention activities and the participation of employees. 
    The Safety Monitors program consists of hiring employees with a background in construction who have had accidents in the workplace, causing a disability. They join the team with the double goal of their reinsertion in the labor market and raising awareness about safety hazards among their staff. 
    Thanks to this program, Sacyr has raised awareness from its experiences, observation, and monitorization of working conditions, and reporting these incidents to the Safety and Health at Work supervisor. 
    This year, the Asepeyo Awards received 103 submissions, and the jury selected 15 winners and 15 finalists.

  • We won an ICE Award in Ireland

    We won an ICE Award in Ireland
    14/05/2022

    Sacyr Neopul has won an ICE Award (Ireland) in the category Specialist Services Contract, for the project “OHLE (Overhead Line Equipment) Maintenance, Repair and Renewal Services".
    thanks to a great team of professionals", said Sergio Magalhaes, the project's Contract Manager.

    Sacyr Neopul does the maintenance of the Dublin Area Rapid Train electrification network (Dart) for Irish Rail, as well as the maintenance of 120 km of rail, and an additional 40 km of the electrification system. 

    The ICE Awards recognize the best practices and projects in the construction sector in Ireland.

  • Sacyr boosted its Ebitda by 25% to €243 million, in a quarter in wich profitability reached a record 20.3%

    Sacyr boosted its Ebitda by 25% to €243 million, in a quarter in wich profitability reached a record 20.3%
    04/05/2022

    Sacyr ended the first quarter of 2022 with an EBITDA of €243 million, 25% higher than that in the same period in 2021. Between January to March, profitability (EBITDA margin) made records and situated at 20.3%, 200 basic points higher than that reached a year ago. 
    These figures are proof of the strength of Sacyr’s business model, which is predictable, recurring, and stable, in a challenging and uncertain macroeconomic scenario. 83% of the EBITDA came from P3 assets with low demand risk.
    Revenues grew by 13% in the first quarter of the year, to €1,196 million, and the net business profit raised to €40 million (+57%). The Group’s net result decreased by 21%, to €20 million, due to the fact that the profit last year included the company’s participation in Repsol. 
    The company’s growth was achieved in a challenging international scenario, due to the Covid-19 and the raw materials shortage and logistics crises. 
    Net recourse debt went from €681 million to €798 million, largely due to the investments carried out in this period. The commitment for 2022 is to reduce net recourse debt by nearly €200 million, in relation to the figure at the end of 2021.
    The company continues to work on cutting net recourse debt, with the aim of having reduced it drastically by the end of the Strategic Plan, in 2025.
    Operating cash flow rose to €150 million, with a 28% growth compared to the first quarter of 2021.
    Future revenue backlog increases by 5%
    Sacyr ended the first quarter with a backlog of €48,343 million, 5% more than in the same period in 2021. 81% of this value comes from Sacyr Concesiones, 13% from Sacyr Engineering and Infrastructures, and the remaining 6%, from Sacyr Services.

    The relevant contracts in this period include the Ruta 78 P3 in Chile, the construction of a transportation hub in Northern Ireland, and a section of the US62 road in the United States, as well as several street cleaning services, one of them in Barcelona. 

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  • Sacyr signs the project agrrement to build a children´s rehabilitation center in Ajax (Ontario, Canada)

    Sacyr signs the project agrrement to build a children´s rehabilitation center in Ajax (Ontario, Canada)
    22/04/2022

    The Children First consortium, formed by Sacyr Ingeniería e Infraestructuras and Amico Design, has signed the Project Agreement for the design, construction and financing of the Grandview Kids Center project for children with special needs in Ajax (Ontario, Canada).

    The centre, awarded by Infrastructure Ontario and managed by Grandview’s Children Hospital, will be a pediatric facility that will integrate rehabilitation, medical and clinical services, as well as education and research activities for children with special communication, physical and developmental needs and their families in Durham Region.

    The new Grandview Kids centre will be built on a 2-hectare site and will allow for future expansion to better serve this community.

    Grandview Kids will include:

    • Campbell Nursery School.
    • Occupational therapy, physiotherapy, speech-language pathology, therapeutic recreation, audiology, infant hearing, low vision, social work;
    • Ontario Autism Program;
    • Preschool Outreach Program
    • School Rehabilitation
    • Developmental pediatric medical services.
    • Family/caregiver resources and support

     

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  • GeOS, the new project site management solution, is already live in Sacyr

    GeOS, the new project site management solution, is already live in Sacyr
    10/03/2022

    Change is here

    GeOS aims to homogenize and optimize Sacyr’s project site management: 

    • Ensures a single management system common to all sites
    • Guarantees comprehensive site management
    • Simplifies site management processes through digitization and automation.

    GeOS is already implemented in Portugal: After the initial success of the pilot on the Alandroal site in March 2021, this solution has come into effect in all projects in Portugal since then. 
    GeOS is being gradually deployed in the rest of the countries: Implementation has begun in Spain and Brazil. Peru will be the next country to apply the solution.
    We want to thank the effort of all the teams involved in the success of GeOS.

    Thanks to us all Sacyr is more digital and efficient!

  • Sacyr wins first infraestructure project in Sweden

    Sacyr wins first infraestructure project in Sweden
    09/03/2022

    Sacyr Engineering and Infrastructures has won its first project ever in Sweden: the 32 km expansion of the Vag 56 roadway and the construction of a 3.2 km metropolitan bypass in Äs. The total amount for the contract is € 56 million (SEK 565.3 million).

    Sacyr, in consortium with local partner Hellsténs, will execute the widening and improvement works on a 32 km section of the Vag 56 roadway between the municipalities of Katrineholm and Alberga (120 km to the west of Stockholm). The works consist on the widening of a 17 km roadway section to 2+1 lanes in both directions.
    In addition, it will develop a 3.2 km metropolitan bypass in the locality of Äs, along with other actions, such as improvements on the lighting and safety of the road. 
    The works that Sacyr will carry out include three new concrete structures and a series of repairs on the bridges of Hjälmaresund Lake. 
    This contract was awarded by the Swedish Transport Administration, Trafikverket, and it has a 33-month execution deadline. The contract falls under the AB-04 Swedish contract standard, in which planning and design tasks are the customer’s responsibility, with low construction risk.

     

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  • Sacyr raises Ebitda by 28% to €923 Million in a year with a record backlog

    Sacyr raises Ebitda by 28% to €923 Million in a year with a record backlog
    25/02/2022

    The operating cash flow increases to 15%, to € 629 million, which contributes to cutting net recourse debt by 19%, to € 681 million; this fulfills the company’s commitment to reducing it below € 700 million.

    The company registers a net profit of - € 189 million largely due to the change in the accounting method of its participation in Repsol, and the recording of a provision for the Radiales project. This impact only has accounting effects and does not entail cashout flow for the group. 

    Sacyr’s focus on P3 projects is reflected on its EBITDA: these assets represented 83% of the EBITDA in 2021. Profitability soars to 19.7%, significantly higher (+24%) than that in 2020 (15.9%).

    The revenue backlog increases by 17%, to nearly € 46 billion, after a year with a record order intake in which the group accrued an € 11 billion backlog worth of new contracts.  

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  • Sacyr and Farrans to build a transport hub in Belfast (Nothern Ireland)

    Sacyr and Farrans to build a transport hub in Belfast (Nothern Ireland)
    16/02/2022

    The consortium formed by Farrans and Sacyr Engineering and Infrastructures will carry out the main construction works of the Transport Hub in Weavers Cross Belfast BTH (Northern Ireland), for Translink, the public transport operator in Northern Ireland, within a 4 years deadline.

    The Minister for Infrastructure of Northern Ireland, Nichola Mallon; and the CEO of Translink, Chris Conway, have announced the commencement of the main works with other representatives from the consortium: José Manuel Loureda, General Manager of Business Development of Sacyr Engineering and Infrastructures; and Dominic Lavery, Managing Director of Farrans, among other political and business representatives. 
     

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  • Sacyr Engineering and Infraestructures signs the renewal of its equality plan with UGT and CCOO

    Sacyr Engineering and Infraestructures signs the renewal of its equality plan with UGT and CCOO
    01/02/2022

    This plan is applicable to the entire structure of Sacyr Engineering and Infrastructures, including subsidiary and investee companies from Sacyr’s construction division in Spain. 
    The signing took place in Sacyr’s headquarters and the participants were: Patricia Martínez Íñigo, General Manager of HR and Talent Management of Sacyr, Juan Antonio Fernández Cerrato, Director of HR of the Engineering and Infrastructures division and Teresa Manjón Manjón, Director or Labor relations and Diversity of Sacyr; Pedro Hojas Cancho, Secretary General of UGT-FICA; and Daniel Barragán Burgui, Secretary General of CCOO del Hábitat,

    Patricia Martínez, the General Manager of HR and Talent Management of Sacyr, highlighted that this plan “goes beyond Sacyr’s commitment to equal opportunities for men and women, making diversity a strategic lever for Sacyr”. 

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  • Sacyr to build the LP-1 hiwghway in la Palma (Canary Islands) and the Zafra bypass (Badajoz)

    Sacyr to build the LP-1 hiwghway in la Palma (Canary Islands) and the Zafra bypass (Badajoz)
    31/01/2022

    Sacyr Engineering and Infrastructures has won two new highway contracts in Spain worth € 65 million: the LP-1 Los Llanos – Tijarafe highway in the island of La Palma (€ 46 million) and the Zafra - Badajoz bypass (€ 19 million).

    The Sacyr – Cavosa – Grúas Tajadre joint venture will carry out the development and commissioning of a 7.6 km section of the LP – 1 highway between Los Llanos y Tijarafe, in the northwest of the island of La Palma, for the Consejería de Obras Públicas (Department of Public Works) of the Government of the Canary Islands within a 44-month deadline. 

    This project will simplify the current route of the road, taking the orography of the terrain into account, while respecting the environmental value of the area at all times. The improvement of the highway conditions will significantly increase the safety and communications conditions of this area of the island. 

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  • Sacyr Engineering and Infraestructures subscribed a €4.1 Billion order intake in 2021

    Sacyr Engineering and Infraestructures subscribed a €4.1 Billion order intake in 2021
    24/01/2022

    Sacyr Engineering and Infrastructures increased its ratio of project awards in 2021, reaching an order intake worth €4.1 billion, as per the roadmap set out in the 2021-2025 Strategic Plan. The order intake in 2020 was slightly greater than €2 billion.  

    Of the contracts awarded last fiscal year, €3.3 billion come from contracts awarded and signed in 2021. Some relevant examples are the second runway at Jorge Chavez airport in Lima, Peru; energy efficiency improvements at the University of Idaho P3, USA; the expansion of the 12 de Octubre Hospital in Madrid, Spain; or the enlargement of the RSC-287 highway in Brazil. 

    Additionally, the Engineering and Infrastructures division won three highway contracts in Texas and Florida, USA; two contracts for Amazon; several high-speed rail sections for Adif in Spain; and the construction of the new Buin Paine Hospital in Chile. 

    Moreover, Sacyr’s construction subsidiary has other contracts awarded in 2021 but are pending signature in the coming weeks, valued at €811 million. These include the Ruta 78 Santiago-San Antonio, in Chile.

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