Spanish giant FCC looks to expand in UK

Grant Prior 14 years ago
Share

The Spanish contracting giant helping to build the Olympics and Crossrail is looking to expand in the UK by picking-up more major projects.

FCC Construccion is currently fitting-out the 2012 Media Centre and working on two Crossrail sections via its subsidiary Alpine BeMo Tunnelling

FCC is now targeting major contracts over £100m in the healthcare, infrastructure and energy market to drive its expansion in the UK.

The firm is also looking to use its financial clout to pick up PPP deals.

FCC Construcccion UK & Ireland Director Rafael Foulquié told the Enquirer: “Given that the UK is a mature market we need to focus on those sectors that represent a good opportunity for us which means large complex projects and/or requiring investment.

“I would summarize it as healthcare, infrastructure (mainly rail, tunneling and roads) and energy – particularly PPPs.

“But we analyze specifically every single project and if given its own characteristics we think we can add value to our clients we go for it.

“Taking into consideration the size of the company we target projects above £100m.”

FCC currently employs 85 construction staff in the UK and is looking to recruit as plans are finalised for a new headquarters in the City of London.

The firm is looking to form joint ventures with UK firms while it is getting established but has been forced to go it alone on the 2012 Media Centre following the failure of partner P Elliott.

Foulquié said: “We are in the process of becoming British and therefore until such times we prefer to have the support of a local company until we have the intimate knowledge of this market.”

FCC employs 90,000 people worldwide operating in more than 50 countries.

The firm first entered the UK via subsidiary Fosca in the environmental services market and now operates 250 waste management centres through its WRG division.

Latest news

Major Building Safety Regulator shake-up to end tower delays

HSE stripped of control and top fire chiefs brought in to fast-track stalled schemes
20 hours ago

Fox buys recycled asphalt specialist Fisher

Acquisition adds major recycled asphalt capacity in north west
13 hours ago

First steel goes up on giant car battery site

Severfield gets to work on McAlpine Somerset site
14 hours ago

Construction comeback to outpace wider economy

Arcadis forecast fueled by spending review optimism
17 hours ago

Hinkley trio sign Sizewell civils deal

Balfour,Bouygues and Laing O'Rourke form Civil Works Alliance for new power station
20 hours ago

£3.9bn data centre plan for Ravenscraig steelworks

Green energy to power massive new steel to silicon AI campus
21 hours ago

Breakthrough on HS2’s second longest tunnel

8.4 mile Northolt to Old Oak Common drive completes
21 hours ago

Neilcott on fast-track to debt-free employee ownership

£22.5m loan nearly paid down after big profit year
19 hours ago

TfL kicks off race for £700m Tube station upgrade

South Kensington and Elephant & Castle top the pipeline list
21 hours ago

Corbyn Plant Hire fleet goes under the hammer

Kit to be sold off by sister firm to collapsed groundworks contractor
20 hours ago

Government wields procurement stick on late payment

New rules would block slow payers from bidding on big public jobs
4 days ago

Hercules buys power line labour firm for £15.7m

Labour supply specialist snaps up Advantage NRG to tap booming electricity upgrade market
4 days ago

Universal bid to fast-track planning for theme park

Entertainment giant eyes 2026 start at Bedford site
4 days ago

Developer Breck to transform former Ibstock brick factory

Ravenhead works to become 300-home development
4 days ago

SP Energy Networks awards contracts worth £1.4bn

First round of awards under £5.4bn national electricity grid upgrade programme
5 days ago

Travelodge to convert Liverpool Street office building

Office-to-hotel conversion in City of London
4 days ago

Plans lodged for 1m sq ft City of London office

Barbican landmark building will reuse 40% of existing structure
5 days ago

PTSG acquires roofing specialist HD Sharman Group

Premier Technical Services Group expands building maintenance division
4 days ago

Balfour Beatty lands £833m carbon capture power plant job

Work to start later this year on Teesside carbon capture gas-fired power station
5 days ago

Svella agrees deal to save Cubby Construction

Solvent purchase set to save 214 jobs and protect supply chain
5 days ago

J Coffey holds line on margins despite £52m revenue slide

Pre-tax profit down 14% but firm eyes strong pipeline to bounce back
5 days ago

Consultants called up for £2.3bn NHS SBS panel reboot

Market asked for views ahead of next-gen procurement rollout
5 days ago

Hochtief launches new UK data centre division

German business model to be introduced for UK construction
6 days ago

Construction skills body launches with 100,000 worker target

Industry to work closer with Jobcentres to find new talent
5 days ago

Kier lands £42m Midlothian school and community hub

Contractor strengthens presence in Scotland with big education job
5 days ago

BESA audit blitz sees 14 specialist contractors suspended

Building engineering services trade body cracks down on standards
6 days ago

Engineers pull-off 220m HS2 viaduct slide in 3 days

Five-structure Northants sequence ends with 1,300t deck slide - video
6 days ago

Managing Director moves to advisory role at Shufflebottom

Alex Shufflebottom steps-down after acquisition by Embrace
6 days ago

JV North unveils winners of £500m housing blitz

Consortium gears up to deliver 3,000 new homes across North West
6 days ago

Partnerships builder Keepmoat names new chief executive

Ian Hoad to take reins as Tim Beale steps down after eight years
7 days ago