A joint venture led by SIS (Fininc, 51%; Sacyr, 49%) has been awarded the contract for the remodeling of a large health complex in the center of Milan (Italy), the “Policlinico Mangiagalli e Regina Elena” Hospital. The budget for the project amounts to 155.4 million euros and the duration is for three years.
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Sacyr earned an EBITDA of €492 million between January and September 2019, up 32% compared to the same period last year. The net profit stood at €122 million, with a 12% increase with respect to that registered in the first nine months of 2018.
Sacyr, through its affiliate Sacyr Concesiones, has reached an agreement to sell Aberdeen 47.5% of its stake in Guadalcesa, the concessionaire that manages the Guadalmedina highway (AP-46 Málaga – Las Pedrizas).
Yesterday, the Minister of Transport and Public Works of Uruguay, Victor Rossi; the executive directors of Sacyr Ingeniería e Infraestructuras and Sacyr Concesiones, Pedro Sigüenza and Rafael Gómez del Río; the director of Saceem Group, Alejandro Ruibal, and the local authorities inaugurated the works carried out on the Nueva Palmira bypass. This event completes the works executed on Route 21 and Route 24, which have been carried out over 27 months, nine less than the 36 established in the contract.
The consortium Grupo Vía Central, led by Sacyr Concesiones, has concluded a senior loan of up to 855 million dollars (765 million euros) to finance the construction of 273 km of rail lines in the corridor that will link the country’s capital Montevideo with Paso de los Toros. The project will require an investment of 1.07 billion dollars (960 million euros).
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