Ferrovial: Agroman is now Construction

Other Ferrovial Construction firms, such as Budimex in Poland, remain unchanged.
Finance & Funding / June 3, 2020 1 minute Read
By David Arminas
Ferrovial Agroman changes its corporate name to Ferrovial Construction

Ferrovial Agroman, one of the construction business units of Spain’s Ferrovial Group, has changed its name to Ferrovial Construction.

This change will be noted in countries such as the UK, the US, Canada, Spain, Australia, Colombia and Chile, among others.

It will not affect other Ferrovial Construction firms, such as Budimex in Poland, and Webber in the US or other business units specialised in construction segments such as Cadagua, Ditecpesa, Edytesa, Tecpresa, Ferconsa, PLW and SCC. All of these will keep their current names and logos.
 
Ferrovial acquired Agroman from Banesto in 1995. After its operations were merged with Ferrovial in 1999, the new company established itself as one of the major international construction companies with works such as terminal T2 at London’s Heathrow Airport, the Guggenheim Museum in Bilbao, terminal T4 at Madrid’s Barajas Airport, high-speed rail lines in Spain and Crossrail in London.

“It has been arduous for us to take this decision since a large part of our history has been associated with the Agroman name but it seemed to be the most appropriate time to update the brand, seeking both a better penetration into international markets and a further alignment with Ferrovial, our group’s brand,” said Ignacio Gastón, chief executive of now Ferrovial Construction.

Ferrovial is a member of Spain's blue-chip IBEX 35 index and is also included in the Dow Jones Sustainability Index and FTSE4Good. The company says that all its operations are conducted in compliance with the principles of the United Nations Global Compact, which the company adopted in 2002.

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