FCC returns to profit

摘要

The process of returning Spanish-based construction and infrastructure group FCC to financial stability is said to have been completed with the securing of the long-term refinancing of the personal debt of shareholder Esther Koplowitz. This move and the acquisition of a 25.6% stake in FCC Group by Carlos Slim at the end of 2014 mark the culmination of this process. The long-term refinancing of the debt from the company Dominum Direccion y Gestion SA (DDG), a company fully owned by Koplowitz, is taking effect immediately. She maintains a significant shareholding in FCC through this company and FCC said this fulfilled all of the conditions required for this refinancing to be fully effective, after DDG acquired the companies B1998 SA and Azate SA.