Ortiz Construcciones y Proyectos, S.A, parent company of Grupo

Ortiz Construcciones y Proyectos, S.A, parent company of Grupo Ortiz, was
incorporated on January 31st, 1961, focusing its activity on the construction
sector.
From that date until today, 52 years have elapsed during which the evolution
and the reality of our business group have changed substantially. Since those
early years, each decade has been a challenge to overcome and a further step
in our consolidation, the basis of which was underpinned by the land acquired
after the approval of the General Plan of Madrid.
Perfect business diversification, with the creation of numerous companies
which began operating in different sectors of construction, based on constant
reinvestment of the capital gains generated by real estate, has allowed us to
become today, a fully consolidated business group in the six Business Areas
on which we base our growth:
Construction, Energy, Services, Real Estate, Concessions and International.
With €553.9 million in turnover in the year 2012, Grupo Ortiz ranks 16th among
the major Spanish construction companies and comes in at number 182 in the
European ranking.
1
National Companies and Grupo Ortiz Delegations
• ICMA-PROAKIS
• COSFESA
• ORTIZ Construcciones
• ORTIZ Construcciones
• CONDISA
• GRUPO EMPRESARIAL ORTIZ
• IMPULSA GRUP ORTIZ
• ORTIZ Construcciones
• INDAGSA
• ELECOR
• CONDISA
• INDAGSA
• COSFESA
• Construcciones ICMA-PROAKIS
• ORTIZ Construcciones
• INDITEC
• INDITEC
• ASTEISA
• ORTIZ Construcciones
• ORTIZ Energía
• ORTIZ Construcciones
• ELECOR
• ORTIZ Área Inmobiliaria
• PRORAX
• ORTIZ Construcciones
• ORTIZ International Investment
• JUAN GALINDO
• TRS ENERGÍA
Companies by Business Area
CONSTRUCTION
CONSTRUCTION
• ORTIZ CONSTRUCCIONES Y PROYECTOS
• IMPULSA
• CONDISA
• INDAGSA
RAILWAY
•C
OSFESA
• ICMA-PROAKIS
ENVIRONMENT AND SERVICES
• INDITEC
• ASTEISA
GRUPO ORTIZ responsible growth
ENERGY
• ORTIZ ENERGIA
• ELECOR ENERGIA
• JUAN GALINDO T&D
• TRS ENERGIA
• RENOVALIA – ORTIZ
• ORMATS
CONCESSIONS
• ACCESOS DE IBIZA (MOTORWAY)
• VIARIO A31 (MOTORWAY)
• AFRICANA ENERGÍA
• EXPLOTACIONES EÓLICAS VELEZ RUBIO
• ALTEN ALCONERA
• ALTEN ALCONERA DOS
• ALTEN ALANGE
• ALTEN POZOHONDO
• ALTEN LOS HINOJOSOS
• UTE ENERGÍA MÁLAGA
• MEDSOLAR SPV 10
• VALLE DEL ZALABÍ
• MOCLÍN
• HUMANES DE MADRID
• CONCESIONARIA COLLADO VILLALBA
• UTE REYES CATÓLICOS (ZAMORA)
• PAR ALAMEDA
• PAR ANDORRA
• PAR ILIADA
• PAR JUAN RAMÓN JIMENEZ
• PAR PAMPLONA
• ORTEGA Y GASSET PARK
(APARCAMIENTO ESCUELAS PÍAS)
• BULEVAR DEL ARTE Y LA CULTURA
• ORTIZ SPORT FACTORY
• UTE EDAR RIBADEO
• GAS STATION
• VÍA OLMEDO PEDRALBA (AVE TRACK)
REAL ESTATE
• ORTIZ INMOBILIARIA
• PRORAX
• AGRICASA
• EL ARCE DE VILLALBA
• AGUEDA EDUCATIS TRES CANTOS
• SUPERFICIE CARTERA
DE INVERSIONES
Corporate Organization Chart
21% ENERGY COMPANIES
5% CONCESSIONARY COMPANIES
12% INTERNATIONAL COMPANIES
2% REAL ESTATE COMPANIES
60% CONSTRUCTION COMPANIES
International Group coverage by country
MÉXICO
• GRUPO ORTIZ
CONSTRUCCIONES MÉXICO
• O.S.M.
• PERSONAL MANAGEMENT
• ORTIZ MEXICAN BRANCH
POLAND
• GRUPO ORTIZ
POLSKA
• ORTIZ POLISH
BRANCH
HUNGARY
• ORTIZ HUNGARIAN
BRANCH
• COSFESA HUNGARIAN
BRANCH
COLOMBIA
• ORTIZ CONSTRUCC.
COLOMBIA
• ORTIZ COLOMBIAN BRANCH
• COSFESA COLOMBIAN
BRANCH
• JUAN GALINDO COLOMBIAN
BRANCH
ROMANIA
• ORTIZ ROMANIAN
BRANCH
• JUAN GALINDO
ROMANIAN BRANCH
PERÚ
• EOM PERÚ
• ORTIZ PERUVIAN BRANCH
• JUAN GALINDO PERUVIAN
BRANCH
• COSFESA PERUVIAN
BRANCH
• ASTEISA PERUVIAN BRANCH
• ELECOR PERUVIAN BRANCH
CHILE
• CONSORTIUM INCA-ORTIZ, S.A.
• ORTIZ CHILEAN BRANCH
BULGARIA
• ELEKTRA
BRAZIL
• ORTIZ BRAZIL
CONSTR.
URUGUAY
• TECASOL
FRANCE
• ORTIZ ENERGÍA
FRENCH BRANCH
ALGERIA
AGREEMENT
WITH THE GOVERNMENT
ITALY
• MEDSOLAR
• ORTIZ ENERGÍA
ITALIAN BRANCH
3
DWTP Santillana, Madrid
Valdebebas Forest Park, Madrid
“Ramos Carrión” Theatre Zamora
Access to the Szeligi
station, Poland
“La Africana” Solar Thermal Power Plant, Córdoba
Lines of Business
Construction
Energy
We are involved in public and private
The company ORTIZ ENERGÍA brings
Integral maintenance of Green Areas.
sectors, and we are specialists in:
together all the services of the Group´s
W
aste Treatment.
companies, favouring their intervention in
Infrastructures in Rural Areas.
contracts under the EPC model mode.
E
nvironmental Equipment.
C
ivil Engineering: Dual carriageways,
Services
T
reatments, Prevention and Management
Motorways and Roads, Hydraulic and
Industrial Engineering Works, Car Parks,
The main lines of activity of the Energy
of Forest Areas.
Restoration of Urban Areas, etc.
Area of Grupo Ortiz are:
P
rotecting and Improving Hydrological
R
ailway: Maintenance of Infrastructure
Channels.
and Superstructures, Stations, New
R
enewable Power.
D
esign, Construction and Installation of
Railway Construction.
E
nergy Services.
Water Treatment Facilities.
B
uilding: Specializing in all types of
D
istribution and Transmission Lines,
C
onstruction and definition of Hydraulic
buildings: Construction of Housing,
Voltage and Substation Works.
Works.
Hospitals, Theatres, Museums, Sports
Integral Maintenance.
M
anagement, Operation and
Facilities, etc.
E
lectromechanical Installations
Maintenance of Hydraulic systems.
R
estoration: Residential, Social-cultural,
and Assemblies.
M
aintenance and Preservation
Educational, Sports etc.
of buildings.
S
ubcontracting.
E
ngineering.
R
efurbishment and Restoration of
emblematic buildings, monuments,
unique works and buildings and listed
areas.
GRUPO ORTIZ responsible growth
Solar panels at the new FCC headquarters, Madrid
“Santa María de Nieva” wind
farms, Almería
M-602, Villaverde to Vallecas, Madrid
“La Rambleta” Theatre, Valencia
Rented Public Housing with Purchase Option, Collado-Villalba, Madrid
Mudejar House, Cordoba
Real Estate
Concessions
International
The real estate division of Grupo Ortiz
With over fifteen years of experience in
Grupo Ortiz companies base their
focuses its aims on the optimization
this sector, we have been able, backed by
international expansion in countries where
and management of Group assets and
a healthy economy, to tackle numerous
there is high growth and rule of law. In
construction of low cost public housing
projects which vary in economic and
Latin America, we operate in:
for which INDAGSA, a specialized unit in
technical importance. Grupo Ortiz holds
the company, supplies precast concrete
concessions for:
M
exico
C
olombia
panels.
R
oads.
P
eru
Our real estate companies, along with Ortiz
T
he Energy Sector. Development,
C
hile
Construcciones, have commercialised and
Construction and Operation of
B
razil
delivered:
photovoltaic, solar thermal and wind
U
ruguay
plants.
O
ver 7,500 public dwellings.
C
ar parks.
In Europe we develop rail projects in
1,500 dwellings for rental delivered to the
S
ocial-cultural and Sports Buildings.
Poland and integral water management
Housing Board of Madrid (IVIMA).
E
nvironmental Installations.
in Romania, energy projects in France
5
67 public dwellings for rental with a
and Italy, and are continuing with specific
purchase option (VPPAOC) that are
tenders in: Hungary and Bulgaria.
managed by Group companies.
7
50 free market dwellings.
On the African continent, we recently
signed a protocol to build housing in
Algeria.
5
Economic and Financial Report
The turnover of Grupo Ortiz in the last
financial year, 2012, has amounted to
Production
€553.9 million, meaning an increase of
in millions of euros
5% compared to the figures reached in
fact does not correspond to the profound
crisis in the Spanish construction sector,
is undoubtedly the result of well-planned
sectoral diversification and the international
expansion of the business which Grupo
Forecast
Forecast
333.40
276.70
279.60
12.60
58.10
144.70
170.50
64.26
115.20
39.50
50.00
2011
2012
Construction
National
384.90
International
Construction
National
Energy
2011. This positive data, which in actual
2013
2014
Ortiz has been conducting for years.
International
Energy
44.9
12.30
95.10
126.00
With reference to the activity in the
Concessions
21.40 23.02
41.40
44.20
national construction and services sector,
Real Estate
31.2
11.94
14.20
32.60
528.06
553.96
611.60
702.90
3.3%
17.4%
52.2%
60.9%
because of the lack of public tenders in
recent years, there has been a significant
production decrease in the construction
sector; a marked tendency which will
Total
% International
Construction
continue into 2013, and hopefully signal
the end of a prolonged crisis. The service
sector however, has had a sharp increase,
with noteworthy tenders being awarded,
especially in the environmental sector.
Breakdown of Revenues by Area
in millions of euros
2011
Likewise, in the international construction
Construction
activity heading of Grupo Ortiz companies
Energy
has increased exponentially, thanks to
the contracts awarded in emerging Latin
Real estate €31.20million
Concessions
Concessions €21.40million
Real Estate
Energy €109.16million
American countries with legal safeguards,
Construction €410.10million
such as Mexico, Colombia and Peru,
mainly.
Total
€528.06
million
2012
Real estate €11.94million
Concessions €23.02million
Energy €127.50million
Construction €391.50million
Total
€553.96
million
GRUPO ORTIZ responsible growth
Construction by geographical area 2012
Net worth
in millions of euros
in millions of euros
290 million €
International €58.10million
National €333.40million
254.6 million €
Total
€391.50
million
234.5 million €
202.5 million €
Production International Construction Area
184.2 million €
in millions of euros
2010
2011
Mexico
Forecast
Forecast
34.00
72.70
77.50
2012
2013
2014
Colombia
3.68
12.03
15.70
25.30
35.10
Peru
0.03
0.30
8.40
18.20
25.20
Chile
7.00
11.30
Brazil
7.90
9.10
11.10
9.30
2.50
3.00
144.70
170.50
Poland
Romania
Total
3.71
12.33
58.10
In this section, in 2012 contracting,
in the table, in countries like Chile, Brazil,
accounted for 17.4% of the total
Poland and Romania. In the latter two, rail
construction, and in the next two years,
and integral water treatment projects are
that percentage is projected to increase
already in under construction.
to 60.9%, i.e. the production forecast for
2014, in the International Area, is estimated
In terms of construction order backlog,
at €170.5 million, with Mexico, Colombia
the figure rises to €657.1 million, of which
and Peru playing an important role, and
€228.2 million correspond to international
having a significant presence, as is shown
construction, 35% of the total.
2008 2009 2010 2011 2012
7
Economic and Financial Report
In Energy, turnover exceeded €127 million
and in the coming years, that figure will
continue to rise, thanks to the increase in
Order Backlog Pending Execution
in millions of euros
international projects, which will bring the
2013
2014
Other
years
Total
National Construction
222.2
110.5
96.2
428.9
International Construction
121.6
70.6
36.0
228.2
brand in this Production area close to €176
million.
With over 40 concession projects
underway, growth in the Concessions
Colombia
16.05
25.71
27.69
69.46
sector is constant. Based on the Group’s
Peru
19.68
25.42
0.00
46.09
Brazil
3.07
3.82
8.33
17.54
74.52
3.32
0.00
81.16
experience and commitment to major
projects such as the “La Africana” solar
thermal power plant in Cordoba, and the
Mexico
Santa María de Nieva I and II, wind farms
Chile
2.18
3.27
0.00
5.45
in Almería. This business line will increase
Romania
0.97
0.97
0.00
1.94
Poland
5.13
8.09
0.00
13.20
343.8
181.1
132.2
657.1
35%
39%
27%
35%
production by almost 100% in the next
two years, during which the Concessions
Area will be internationalized with new
Total
investment projects which are currently
% International
under study.
In the Real Estate Area, the deceleration
of the activity in the sector has brought
about adjustment, moving from the
marked developer stage to an asset based
Cost Control and Management
in millions of euros
Area, with the main objective of optimizing
and managing Group assets, with a
2011
2012
2013
31.7
26.3
21.4
5.1
7.2
9.6
36.8
33.5
31.0
-9%
-15.77%
6.05%
5.06%
future developer, probably based on the
construction of residential products on land
provided by Financial Entities.
Concerning Net Worth, and as a result
of the Group’s corporate stability and its
capitalization policy started up years ago,
with low dividend distribution over the last
National
International
Total
Overheads Reduction
Production Overheads
6.96%
five years, Grupo Ortiz closed last year with
a net worth of €290 million, a record figure
which speaks very clearly of Grupo Ortiz
The entire organisation has adapted
course of 2012 of 9% over the previous
solvency.
to the new structure of the Group, and year, and which will be 15.7% at the end of
there has been a significant decrease
2013.
Cost control and management has also
in overheads, both nationally and
been instrumental in the Group’s results.
internationally, with a reduction in the
GRUPO ORTIZ responsible growth
The growth activity that Grupo Ortiz
has experienced in recent years in the
Personnel
international Area and in Services, is
reflected primarily in the significant
2008
2009
2010
2011
2012
1,472
1,435
1,339
1,071
887
88
205
273
287
259
112
128
263
533
801
International
expatriates
9
29
43
977 employees are contingent.
International
local
employees
9
112
544
As mentioned before, the biggest
Total
1,893
2,032
2,534
increase in its workforce which has
cushioned the the downturn in the
Area of National Construction due to
the serious crisis in the sector.
At the end of 2012, Grupo Ortiz had
2,534 employees, of which 1,557
were on a permanent contract and
Construction
Energy
Services
1,672
1,768
increase focuses on the number
of local employees in each country
where companies of the Grupo Ortiz
operates. From this figure 2,534 of
2,534 employees, 1,990 belong to
the section of company employees
working in Spain, including expatriate
Changes in the workforce
technicians working beyond our
borders, and 544 are local employees
Contingent
who conduct their activity on different
Permanent
international projects that the Group is
2,534
Total
involved in outside Spain, the whose
evolution of which is reflected in the
2,032
attached tables.
1,897
1,768
1,672
1,557
1,435
1,197
1,237
1,286
977
607
475
2008
531
2009
2010
597
2011
2012
9
Widening the road for a dual carriageway M-602 from Villaverde to Vallecas , Madrid
“Santa María de Nieva” wind farms, Almería
Soland Center Building, Seville
Construction
With over 52 years of experience, Ortiz
Construcciones y Proyectos, S.A. is
an established company in Spain and
enjoys a privileged status in the Spanish
Renovation of Steel Structures, Section-Granollers-Massanet, Barcelona
construction arena. According to studies
by specialized research companies, Grupo
of land, or minimum debt levels which are
solar thermal power plant construction
Ortiz is among the top twenty companies
being gradually eliminated using risk-free
in Cordoba; the Sports Centre “Andrés
in revenue in the construction sector, and
recurring revenue.
Torrejón” project in Móstoles (Madrid); or
in the top ten in net worth, subscribed
building the “Santa María de Nieva” wind
capital and fixed assets; a solvency which
In the past financial year 2012, despite
farms in Almería. Likewise, the construction
has been earned, through the constant
the ongoing crisis facing the sector, our
of the “Soland Center” Business and
and efficient work of those forming part
construction company and the other
Services Headquarters Building is also
of its companies, not to mention proper
companies who operate in this sector,
noteworthy,
resource planning.
have achieved results in line with the
present time and have met one of our main
These figures rank Ortiz Construcciones
objectives: the pursuit of profitability over
very favourably so they can continue to
and above uncontrolled growth.
gain prominence in the market, thanks
to fundamental differences in their
The activity therefore of our companies in
business approaches, as for example the
this sector over the past year has been
continued capitalization of the Group,
consistent with noteworthy projects in
high-level corporate stability, the proper
Civil Engineering for Ortiz Construcciones,
investment of capital gains from the sale
and the work done for “La Africana”
GRUPO ORTIZ responsible growth
Headquarters IMDEA Software, Madrid
M-300 Access to Alcalá de Henares, Madrid
the construction of the Imdea Software
headquarters as an example of a stateof-the-art building for research into new
State Public Library, Burgos
technologies, and the adaptation works
carried out at the Institute of Refrigeration,
In joint ventures with our Renovation and
on the section Granollers-Masanet, of
or that is, at the Institute of Science and
Restoration company, CONDISA, works
the high speed line Tarragona-Barcelona-
Food Technology and Nutrition of the
were finished on the Museum of Ceramics
France; rail assembly works, track and
CSIC. In road infrastructure, the widening
in the Triana district of Seville, and work
maintenance of the section Olmedo-Lubián
works on the M-602 from Villaverde to
began on the restoration of the Cathedral
Ourense-Santiago of the High Speed
Vallecas, in Madrid; the refurbishment
of Cartagena in Murcia, with construction
Line Madrid-Galicia; the extension of the
works of the Access road to Alcala de
continuing on the Kueto Social Centre in
intermodal railway terminal, double-gauge
Henares, from the M-300.
Sestao (Vizcaya).
adaptation and new rail access in the Port
of Tarragona, work has also been carried
In the last year, important projects were
With reference to the rail sector,
out on different points of the line “ Y Vasca”
finished, such as the works to build the
construction continued on Lines 1 and 2
of the high-speed network, in terms of the
Public Library in Burgos; the mural of the
of the Malaga Metro and, with our railway
most representative projects
General Archive in Simancas (Valladolid),
companies, COSFESA and ICMA-Proakis,
or the restoration of the “Ramos Carrión”
noteworthy were the works carried out,
Theatre in Zamora.
such as the renewal of the preventive
Treatment Plan of infrastructure and
corrective interventions on Iberian gauge
lines in the province of Orense, or the
renovation of metal structures
11
Photovoltaic Project in Douai, France
Solar Thermal Plant Facilities “La Africana”, Córdoba
Energy
Ortiz Construcciones, ELECOR and
Eléctricas Juan Galindo have collaborated
in many projects for the assembly of lines
and the construction of High Voltage
power substations, such as the electricity
substations of Fuencarral (Madrid), that
of Segovia, or that of the Fuente de la
Alcarria (Guadalajara), or more recently
Villanueva de los Escuderos (Cuenca), of
“Santa María de Nieva” wind farms, Almería
400 kV, or that of Pesoz (Asturias), of also
400 kV.
With regards electrical and mechanical
With regards energy services, ELECOR
installations, ELECOR has executed
in an ESE pioneer in the Residential and
Our companies are specialized and trained
emblematic projects with professionalism
public field. In terms of the most significant
to lay highly complex HV/MV lines, such as
and solvency such as the New Corporate
projects In public lighting management, the
the one currently under execution for the
Headquarters of the FCC Group, or the
following municipalities stand out:
Bank of Spain C/ Alcalá 48, Madrid, as part
PCI-HVAC installations of the “La Africana”
of its Electrical Integration Plan, Phase 01.
solar thermal plant, in Cordoba of 49.9
V
alle del Zalabí (Granada), 698 points of
MW power.
light.
H
umanes de Madrid (Madrid), 2402
points of light.
M
oclín (Granada), 1,241 points of light.
GRUPO ORTIZ responsible growth
Fuencarral electrical substation, Madrid
Electrical maintenance at the Trillo NPP, Guadalajara
District Heating in Vallecas, Madrid
Street lighting in Mesones, Guadalajara
Grupo Ortiz companies offer their services
such as changes in the + / - 24 V DC
As regards Energy Production Plants
to the Utilities in their areas of generation,
system and the emergency safeguards
under the Special Regime, Grupo Ortiz has
distribution and transmission, conducting
measures or the implementation of the
several plants which are at full production,
preventive maintenance work, repair
REDECA project (AC Electric Redesign).
such as the photovoltaic farms of Alange
work, line modifications and voltage
Likewise, in solar power plants, noteworthy
and Alconera, both in the province of
work. Within this field mention should
is the operation and maintenance (O&M)
Badajoz, in addition to having developed
be made of the recent contract awards
contract conducted in the photovoltaic
two noteworthy projects: the first, called
of the characteristics mentioned in the
plant of 7.8 MW of Alconera (Badajoz), 4
“La Africana”, a 49.9 MW solar thermal
geographical areas of Castilla La Mancha,
plants in Italy, with a total of 20 MW power,
power plant located in Almodóvar del
such as Guadalajara and Toledo for
and two plants in France, with a total of
Rio in the province of Cordoba, and
Iberdrola Distribution, Natural Gas and
24 MW, or the operation of the 700 kW
the second, two 49.5 MW wind power
Endesa Generación in the international
plant on the roof of the new Industrial
plants, called “Santa María de Nieva I and
area.
Engineering Faculty in Málaga.
II Wind Project”, which were built in the
municipalities of Vélez Rubio and Huércal
With regards maintenance of electrical
Overa in Almería. Both projects were put
installations in Nuclear Power Plants,
into operation in late 2012 and represent
ELECOR has a electrical maintenance
an investment of €500 million.
contract in the Nuclear Power Plant in
Trillo (Guadalajara), where other important
modifications have been undertaken,
13
Green Area Conservation, Ciudad Real
Water Treatment in “La Africana”, Córdoba
Museum of Ceramics, Triana, Seville
WWTP Buitrago, Madrid
Street cleaning, Xativa, Valencia
Maintenance of Parks and Gardens in Estepona, Málaga
Services
True to the commitment of respect,
the contract for cleaning beaches and
extension of water networks, wells, tanks,
environmental protection and conservation
the collection and treatment of waste
pumping stations, chlorination plants,
which has always been present in the
and the conservation, maintenance and
sewage and wastewater”, in Insuratei,
companies that are part of Grupo Ortiz,
rehabilitation of public green areas, parks
Romania.
INDITEC has developed over the years,
and gardens of the town of Estepona,
multidisciplinary work that has led to
Málaga, and continuing with the
With regards Heritage Restoration,
become one of the Spanish companies of
comprehensive maintenance contract of
Building Conservation, Subcontracting
reference in the Environmental sector.
the Valdebebas Forest Park in Madrid; and
and Engineering, our firm CONDISA,
being awarded the contract for “collection
which specializes in restoration and
In 2012, INDITEC achieved major
and transportation of Urban Waste and
rehabilitation of monuments and historic
contracts and has renewed others, which
street cleaning in the town of Xativa”,
buildings, completed the work in 2012 on
are a clear reference of its strength in the
among other activities. With respect to
the Museum of Ceramics in Seville’s Triana
domestic market. Thus, our environmental
our company dedicated to Integrated
district, work began on rehabilitation of the
company will continue with the service of
Water Management, ASTEISA, this year
Cathedral of Cartagena, in Murcia, and
“Conservation and improvement of green
has provided a number of national and
continued the construction of the Kueto
areas, roadside trees, pots and planters in
international actions, among which are:
Social Centre in Sestao (Vizcaya).
the town of Ciudad Real”; in addition to
the construction of the Water Treatment
Station (DWTP) of Baltezana (Cantabria),
the construction of the reservoirs of
Villarejo de Salvanés and Fuentidueña del
Tajo, in Madrid, the supply and effluent
wastewater treatment plant of the solar
thermal plant “La Africana” in Córdoba,
or the contract for the “Renovation and
GRUPO ORTIZ responsible growth
Restoring the arches of the
Santo Domingo el Real Convent, Toledo
Building Maintenance, Barajas, Madrid
Beach Cleaning in Estepona, Málaga
Since Ortiz Construcciones signed with
the City Council of Madrid in 1982,
a contract for the “integral technical
maintenance, conservation and repair
of municipal buildings” and, in 1984,
the contract for “propping, repairs,
consolidation and demolition, to carry
out subcontracting work in the Madrid
Municipality”, our company has been
renewing these commitments and
consolidating its deserved position in this
market that culminated with the demolition
of the Windsor Building Madrid, which
was carried out with maximum levels of
Integral Maintenance of Valdebebas Forest Park, Madrid
efficiency and safety.
Madrid, the maintenance of the buildings
In 2012, Ortiz Construcciones has
of UNED in Madrid, the maintenance
continued with the mentioned contracts
and repair of the Congress of Deputies
and with others recently signed. Thus,we
building, in Madrid and the comprehensive
conduct the comprehensive maintenance
management of the municipal buildings
of the buildings of the Municipal Police
of the Madrid districts of Carabanchel,
of the Madrid City Council, the integral
San Blas, Ciudad Lineal, Chamartín,
maintenance of the buildings of the
Fuencarral-El Pardo, Latina, Puente de
Fire Department of the City Council of
Vallecas and Barajas.
15
“Manuela Malasaña” Social housing development in Móstoles, Madrid
Real Estate
During 2012, the real estate business
of Grupo Ortiz completes the end of a
Promotion of rented public housing with purchase option, 84 dwellings in Collado Villalba, Madrid
Grupo Ortiz Property Management
marked developer phase, to transform
Units
Gross
Leasable Area
Garage
Spaces
Industrial Buildings
5
3,130
28
Industrial Premises
1
1,213
55
Offices
4
24,406
368
and management of its property. The
Commercial Premises
21
4,332
14
development is centred in the construction
Garage Spaces
158
3,160
158
of low cost public housing, with INDAGSA,
Total Tertiary
189
36,241
623
Private Housing
14
Completed VPPAOC
489
continuing in 2012 with the construction
VPPAOC-BPPV in course
78
of 78 public dwellings in Fuenlabrada, of
Total Residential
581
which 48 also will be earmarked for rent
Plots & Land
into a property-orientated area with over
36,000 m2 of tertiary product on lease
and 537 public dwellings for rental with
option to purchase (VPPAOC), with the
main objective being the optimization
a specialist business within the company,
providing the precast concrete panels
for facades and structural elements,
with the option of purchase. The most
immediate promotion future of this Area will
probably be limited to the construction of
a residential product on land provided by
Financial Institutions.
GRUPO ORTIZ responsible growth
70
70
1,925,878
“Alcalá 80” Development in Alcalá de Henares, Madrid
“Espartales” Public Housing Development in Alcalá de Henares, Madrid
List of dwellings delivered
Rented Public Housing Development with Purchase Option, 97 homes in Colmenar Viejo, Madrid
O
ver 7,500 public housing dwellings.
1
,500 homes for rent delivered to the
Housing Institute of Madrid (IVIMA).
5
567 rental dwellings with Purchase option
(VPPAOC) that are managed by Group
companies.
7
50 free market homes.
Rented Public Housing Promotion with Purchase Option, 180 homes in Paracuellos del Jarama, Madrid
17
Photovoltaic Plant at Alange, Badajoz
Production figures
Company
% Ortiz
End 2012
Forecast 2013
Accesos de Ibiza motorway
50%
3,374,490
3,475,000
Viario A31 motorway
21%
2,634,377
2,717,125
Africana Energía
39%
952,400
14,800,000
Explotaciones Eólicas Velez
Rubio
40%
214,443
3,100,000
Alten Alconera
62%
3,509,220
3,579,404
Alten Alconera Dos
62%
2,706,049
2,760,170
Alten Alange
62%
3,904,911
3,983,009
Alten Pozohondo
24%
604,023
616,104
Alten Los Hinojosos
24%
285,482
291,110
the Area of Concessions has experienced
UTE Energía Málaga
100%
341,608
348,440
increased activity and growth, and at
Medsolar SPV 10
50%
320,444
329,051
Valle del Zalabí
100%
0
25,000
Moclín
100%
0
45,000
Humanes de Madrid
100%
0
125,000
Concesionaria Collado Villalba
100%
1,612,812
1,675,410
UTE Reyes Católicos (Zamora)
50%
61,972
64,231
New highway access to the airport of Ibiza, Balearic Islands
Concessions
It has been over the past six years that
present holds the concession for over 40
projects.
Based on the experience of the Group and
the commitment to large-scale projects,
such as “La Africana” solar thermal power
plant, in Córdoba, and “Santa María de
Nieva I and II” wind farms, in Almería, this
PAR Alameda
100%
294,985
102,000
business line will see production increased
PAR Andorra
100%
27,614
28,256
PAR Iliada
100%
74,670
76,410
PAR Juan Ramón Jiménez
100%
208,342
212,140
PAR Pamplona
100%
87,597
89,085
Ortega y Gasset Park
(Aparcamiento Escuelas Pías)
50%
381,108
988,364
Bulevar del Arte y la Cultura (BAC)
33%
612,757
726,000
BAC Management
15%
120,535
165,300
Ortiz Sport Factory
70%
0
100,000
UTE EDAR Ribadeo
33%
161,132
162,679
100%
538,047
732,070
39%
952,400
14,800,000
23,029,018
41,416,358
by almost 100% in the next two years.
Gas station
Via Olmedo – Pedralba (AVE Track)
Total Production
GRUPO ORTIZ responsible growth
“Reyes Católicos” car park, Zamora
Refurbishment of A-31 dual-carriageway, Bonete-Alicante
WWTP Ribadeo, Lugo
“La Rambleta” theatre, Valencia
Concession Projects by Areas
1 ROADS
L
os Hinojosos solar photovoltaic plant,
4 CULTURAL - SPORT
R
efurbishment of A-31 dual-carriageway,
Cuenca.
T
heatre “La Rambleta” in Valencia.
Bonete-Alicante.
A
dministrative concession for the
S
ports Centre “Andrés Torrejón” in
N
ew Dual Carriageway Access to the
installation and operation of a 0.7 MW
Móstoles, Madrid.
Airport of Ibiza, Balearic Islands.
photovoltaic plant on the roof of the new
Faculty of Industrial Engineering in Málaga.
2 ENERGY
S
olar photovoltaic plant in Lecce, Italy.
5 ENVIRONMENT
W
WTP Ribadeo, Lugo.
SOLAR THERMAL
S
olar thermal power plant
3 CAR PARKS
“La Africana”, in Córdoba, 49.9 MW of
C
arparks (2) and the underground tunnel
power.
of Collado Villalba, Madrid.
WIND
S
ervice Station in Vallecas, Madrid.
C
ar park “Reyes Católicos”, Zamora.
S
anta María de Nieva Wind farm in
R
esidents´ parking “Alameda”, Madrid.
Almería, 49.5 MW of power.
R
esidents´ parking “Andorra 2” in Madrid.
PHOTOVOLTAIC
6 OTHERS
R
esidents´ parking “Iliada” in Madrid.
A
lconera solar photovoltaic plant, Badajoz.
R
esidents´ parking “Juan Ramon Jimenez”
A
lconera Dos solar photovoltaic plant,
in Madrid.
Badajoz.
R
esidents´parking “Poeta Leopoldo
A
lange solar photovoltaic plant, Badajoz.
de Luis”, Madrid.
P
ozohondo solar photovoltaic plant,
O
rtega y Gasset Park in Madrid. (Escuelas
Albacete.
Pías car park).
19
Concessions “Santa María de Nieva I and II” Wind Farms
For Grupo Ortiz the signing of
the development, construction
and operation of the Santa
María de Nieva, wind farms
located in the province
of Almería has been very
important. This 49.5 MW
power plant with a €74 million
investment has been funded
through the Project Finance
mode with a total debt of
€55 million. Noteworthy is the
participation in the Investment
of the ICO Axis Fund.
T
otal Investment: €74 million
Total Debt: €55 million
Total Equity: €19 million
The debt repayment from the
project’s revenues will be over
the next 17 years.
GRUPO ORTIZ responsible growth
Concessions “La Africana” Solar Thermal Power Plant
One of the most ambitious
projects by Grupo Ortiz is the
Solar thermal power plant called
“La Africana”, located in Córdoba.
This is a 49.9 MW power plant.
The €386 million investment has
been funded with €293 million in
Project Finance debt. The plant is
based on parabolic trough system
technology with a heat storage
capacity of 7.5 production hours.
T
otal Investment: €386 million
Total Debt: €293 million
Total Equity: €93 million
The debt repayment from the
project’s revenues will be over the
next 18 years.
21
Access to Szeligi station, Poland
Mall Construction in Queretaro, Mexico
International
Solar panels in Douai, France
The business interests of Grupo Ortiz
Construction Area this has now become
For this purpose, joint ventures have been
focus on developing construction activity
€ 58.1 million in production in 2012 (17.4%
set up, under the Algerian joint-venture
in countries with high growth and rule
of the total area of Construction). In the
regulation with Spanish management being
of law. These circumstances have led
coming years and based on the backlog
responsible for the construction of the
us to actively operate in Latin American
pending execution, the figure will rise to
housing and related urban planning. These
countries, such as Mexico, Colombia
€ 170.5 million which will be 60.9% of the
contracts are unusual in that there will
and Peru, where Grupo Ortiz has been
total Building Area.
be two factories for prefabricated panels
awarded several projects of relevance.
installed (one at each work site), and
Chile, Brazil and Uruguay complete the list
In late 2012, Grupo Ortiz began its
training and technology transfers will be
of countries in the Southern Cone where
inroads into the African continent, with
conducted with regards our construction
Grupo Ortiz has established its operations.
the protocol signed in Algeria, as a Five-
system, furthermore training will given to
Year Plan for Housing, sponsored by the
the Algerian workforce through training
2012 was also a turning point in
Algerian Government and the invitation,
programmes in the field of construction
strengthening our presence in Eastern
by the Ministry of Development of
intended for technical personnel, skilled
Europe, inspired by the huge development
Spain, to Participate in the Plan. Grupo
workers and professionals and the
that these European countries are
Ortiz has signed two memorandums of
construction industry and materials used
experimenting and where the Group’s
understanding with the Algerian public
will be developed in Algeria.
activity focuses on rail projects and
companies OLA and ENTHE belonging
contracts for integral water treatment.
to the Algerian public business group
INDJAB, for the construction of 10,000
Thus, production data in the International
homes (5,000 in Algiers and another
Area has experienced a sharp growth
5,000, at a distance of 300 kms from the
from the €12.6 million turnover in in
capital), using the INDAGSA System of
2011, accounting for 3.3% of the total
construction with precast concrete panels.
GRUPO ORTIZ responsible growth
Model of the Hospital of Salamanca in Choapa, Coquimbo, Chile
Model of Andamar mall in Veracruz, Mexico
Road network 4 in Bogotá, Colombia
International Channel,on the border with Eduador, Peru
Bellpower Photovoltaic in Lecce-Puglia, Italy
Grupo Ortiz International Projects
COLOMBIA
A
ndahuaylas Hospital, Apurimac.
POLAND
R
enovation Road Network 4, Bogotá.
D
aniel A. Regional Hospital Carrion
M
odernisation Szeligi station K.P.
T
rans-Pacífic Highway, Department
Yanacancha District, Province of Pasco.
23.542 of the no.4 railway line Grodzisk
of Choco and Risaralda.
A
raujo-Landázuri-Port Road Barbosa,
Mazowiecki-Zawiercie, fragment
MEXICO
international railway line E-65.
Department of Santander.
H
ousing Monterey, Nuevo Leon.
L
and Restoration Chicamocha,
M
etal frame Colgate Tech Space, Mexico
Department of Boyacá.
City.
D
rainage Negro neighborhood, Phase I,
T
eziutlan Hospital, Puebla.
Barrios Unidos, Bogota.
A
ntea Lifestyle mall, Santiago Querétaro,
N
ew Corporate Headquarters Building
Querétaro.
R
enault Douai Photovoltaic Plant.
Acueducto de Bogotá.
A
ntea Lifestyle mall, Palacio de Hierro,
R
enault Maubeuge Photovoltaic Plant.
F
luvial station 31 of the colombian navy,
Santiago Querétaro, Querétaro.
Barrancabermeja, Department Santander.
A
ndamar mall, Boca del Río, Veracruz.
ROMANIA
W
astewater systems Braila-Insuratei.
FRANCE
ITALY
B
ellpower Photovoltaic plant, Lecce-
PERU
B
ambamarca-Celendin Road, Reg. Govt.
CHILE
Salamanca Hospital, Choapa, Coquimbo.
Cajamarca.
S
eafront wall Zorritos, Department of
B
onassisi Photovoltaic Plant, Foggia,
Puglia.
BRAZIL
Tumbes, Contralmirante Villar province.
A
rroyo Penales Drainage basin, Marabá,
N
ew Line Tintaya-Socabaya, Arequipa.
Pará.
T
intaya Nueva Substation, Arequipa.
Puglia.
Isis Photovoltaic Plant, Foggia, Puglia.
Algeria
C
onstruction of 10,000 low cost dwellings
D
rainage Huachipac Area, Comas-Chillón,
Lima.
23
Directory
Grupo Ortiz National Companies
GRUPO EMPRESARIAL ORTIZ, S.L.
PRORAX, S.A.U.
Avda. del Ensanche de Vallecas, 44
28051 Madrid
PBX Phone: 913 431 600
ORTIZ, Construcciones
CONDISA, International Company
de Construcción y Diseño, S.A.U.
ASTEISA, Tratamiento de Aguas, S.A.U.
INDAGSA, Indag, S.A.U.
INDITEC, Ingeniería y Diseños Técnicos, S.A.U.
ORTIZ International Investment, S.L.
ORTIZ Área Inmobiliaria, S.L.U.
ORTIZ Energía, S.L.
COSFESA, Contratas y Servicios
Ferroviarios, S.A.U.
C/ Ramón Cabanillas, 2 B local 2
32004 Ourense
Tel.: 988 231 561
Construcciones ICMA-PROAKIS,
S.A.U.
C/ El Pedreru, parcela nº 5, Pol. Ind.
Vega de Baiña
33682 Baiña · Mieres (Asturias)
Tel.: 985 231 020
ELECOR, S.A.U.
C/ Pintor Casto Plasencia, 4 .
19004 Guadalajara
Tel. 949 212605
Avda. del Ensanche de Vallecas, 44
28051 Madrid
Tel.: 913 431 600
IMPULSA GRUP ORTIZ S.L.
Avda. Diagonal, 579, 3ª planta
08014 Barcelona
Tel.: 931 935 183
JUAN GALINDO, S.L.
Almería-Airport Dual carriageway
km 5.7
04120 Almería
Tel.: 950 626 048
Tendidos y Redes del Sur, S.L.
Sector 20, C/ Hierro, s/n,
04009 Almería
Tel.: 950 622 831
Grupo Ortiz International Companies
ORTIZ, PERU
Avenida Comandante Espinar 560,
5ª planta,
Miraflores, Lima 18 (Peru)
Tel.: +511 660 21 27
+511 660 21 42
+511 660 21 45
ORTIZ COLOMBIA
Company Branch in Colombia
Calle 99, nº 11B-14, casa nº 7
Bogotá (Colombia)
Tel.: +571 6102396
+571 6163274
ORTIZ CHILE
Nueva York 9, piso 11, oficina 1102
Santiago (Chile)
Tel.: 56-2-5970750
Fax: 56-2-5970751
ORTIZ, MEXICO
OSM
Calle Bosques de Duraznos, nº 61, 10-B
Colonia Bosques de Las Lomas,
Miguel Hidalgo, 11700
Mexico City, DF (Mexico)
Tel.: 0 0525521672279
00525552924792
ORTIZ BRASIL
Rua Minas de Prata 30. 6º andar.
Itaim, Sao Paulo. SP (Brasil)
CEP 04552-080 T
ORTIZ PANAMÁ
Calle Ricardo Arias. Edificio Esparta
Piso 1 Oficina. Ciudad de Panamá
(Panamá)
Tel.: 507 264 02 04
ORTIZ URUGUAY TECASOL
C/ Colonia 981, Apto 305
11100. Montevideo
(Uruguay)
Tel.: 00-598 29 00 75 76
ORTIZ POLSKA
Company branch in Poland
UI. Aleje Jerozolimskie 99/19
02-001 Warsaw (Poland)
Tel.: +48 228 21 98 75
Fax:+48 226 27 02 49
MEDSOLAR SPV10,S.R.L.
Vía Ottone Fattiboni 214
00126 Rome (Italy)
Tel.: +39 063 265 27 45
Fax: +39 068 339 53 31
ORTIZ BULGARÍA
Elektra Holding
1404 Sofía, 49 Bulgaria Blvd.
Floors 11-12
(Bulgaria)
Tel.: +359 2 858 77 23
ORTIZ ROMANIA
Nr 10, Etaj 2, camera 3,
Judet Buzau (Romania)
ORTIZ HUNGRÍA
Kárpát Invest Hungária Kft
Felsö Zöldmáli út 36
H-1025 Budapest
(Hungría)
Tel.: +3630 (486) 94 64
National Delegations
ANDALUCIA
ORTIZ Construcciones
C/ Luis Montoto 107
41007 Sevilla
Tel.:954 575 131
CATALONIA
IMPULSA GRUP ORTIZ
Avda. Diagonal 579, 3rd floor
08014 Barcelona
Tel.: 931 935 183
JUAN GALINDO
Autovia de Almería-Aeropuerto, Km 5,7
04120 Almería
Tel.: 950 626 048
CASTILLA-LA MANCHA
ELECOR
C/ Pintor Casto Plasencia,4
19004 Guadalajara
Tel.: 949 212 605
ASTURIAS
ICMA-PROAKIS
C/El Pedreu, parcela nº 5
Pol. Ind. Vega de Baiña
33682 Baiña. Mieres (Asturias)
Tel.:985 231 020
CASTILLA LEÓN
ORTIZ Construcciones
CONDISA
Pza. Marcos Fernández 2, 1º, Oficina F
47014 Valladolid
Tel.: 983 377 587
COMMUNITY OF VALENCIA
ORTIZ Construcciones
INDITEC
C/ Félix J. Martínez, 31.
46800 Xátiva. (Valencia)
Tel.: 963 255 875
EXTREMADURA
ORTIZ Construcciones
C/ Eugenio Hermoso, 23 1ºF
06800 Mérida (Badajoz)
GALICIA
COSFESA
C/ Ramón Cabanillas 2B local 2
32004 Ourense
Tel.:988 231 561
Other Offices and Centres
Central Warehouse Grupo Ortiz
Avda. Barcelona, km 14,200 ·
28042 Madrid
Tel.: 913 291 809
GRUPO ORTIZ responsible growth
Precast Concrete Factory INDAGSA
Ctra. N-320 to Torrelaguna, km 314,02
19170 El Casar (Guadalajara)
Tel.: 949 336 775
BALEARIC ISLANDS
ORTIZ Construcciones
C/ De la Maquinaria 4, 2ª planta
Comfort Edifcio
Pol. Ind. Son Valentí
07011 Palma de Mallorca (Baleares)
Tel.: 971 71 70 44
971 71 33 10
LA RIOJA
ORTIZ Construcciones
C/ Hermanos Monroy 22, 3º Dcha
26001 Logroño (La Rioja)
Tel.: 941 275 057