Spanish construction giant Ferrovial started trading today across exchanges in both Spain and the Netherlands, a step towards its wider plans for internationalisation.

A road in Texas set against a blue sky with two white pick-up trucks approaching in the distance.

Ferrovial SE says its longer-term plans include trading on the US stock market. Photo: Ferrovial

The move follows the creation of Ferrovial SE, the new parent company resulting from the merger of Madrid-based Ferrovial SA and its wholly-owned subsidiary Ferrovial International SE, based in Amsterdam.

The company鈥檚 board of directors first proposed the strategy in February, as a first step in raising its international profile and aligning its corporate structure with a longer-term strategy of internationalisation.

This could ultimately see the Ferrovial SE trading on exchanges in the US, where the company has been operating for some 20 years, but believes there are significant opportunities for growth.

Currently, Ferrovial operates in more than 15 countries and has a workforce of more than 24,000 worldwide.

At the start of its first simultaneous Spanish/Dutch exchange trading day, Ferrovial SE鈥檚 listing price is 鈧�28.92, matching the closing price of the last day of trading as Ferrovial SA.

The company is currently ranked in 11th position on Spain鈥檚 IBEX 35 index.

Netherlands Spain General Mergers & acquisitions Stock markets & shares Construction

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