Construction Digital Magazine December 2021 | Page 14

TIMELINE

1970
Ferrovial has been a major player in global construction over the last 60 years . It ended 2020 with a net cash position ex-projects of € 1,991 million compared with € 1,631 million the previous year .
Towards the end of the 1970s , during the recession caused by the oil crisis , Ferrovial decided to explore opportunities in other countries , concentrating on Libya , Mexico , Brazil and Paraguay .
1950 1960
On December 18th 1952 , Rafael del Pino y Moreno founded Ferrovial in an attic in central Madrid .
At the beginning of the decade , it had over 500 employees , focusing on constructing waterworks , roads and buildings , and also moved into the toll road concession business .
14 December 2021