Which company is Sacyr?
Sacyr, S.A. is the Spanish parent of a group that develops and operates infrastructure, builds projects and provides water-cycle services. Its tax identifier is A28013811 and its registered and principal offices are at Calle Condesa de Venadito 7, Madrid. The parent’s commercial-registry file is M-33841. This profile uses the consolidated boundary of Sacyr and its subsidiaries. Sacyr Construcción and Sacyr Concesiones are distinct legal entities; the parent’s separate accounts or a particular concession company’s figures are not the group’s figures.
Sources: Sacyr 2025: consolidated accounts and sustainability · Sacyr legal identity and registered office. p. 18.
From construction business to concession group
The business began in 1986 as Sociedad Anónima de Caminos y Regadíos. Documented founders include José Manuel Loureda Mantiñán and Manuel Manrique Cecilia. Its first Chilean concession followed in 1996. The present listed company arose when Vallehermoso absorbed the Sacyr group in 2003, making the business’s origin and legal reorganisation separate milestones. The change from Sacyr Vallehermoso to Sacyr was approved in 2013. The 2023 sales of Valoriza Servicios Medioambientales and Sacyr Facilities strengthened the focus on concessions; historical descriptions of services alone do not define the current reporting boundary.
Sources: Sacyr history and early concessions · Board of directors and founder biographies · Sacyr 2025: consolidated accounts and sustainability · 2023 results: service-business disposals. p. 18.
Ownership and voting rights
The corporate governance report records notified voting rights at year-end 2025 of 14.60% for Disa Corporación Petrolífera, combining direct and indirect attribution; 6.75% for Prilou, indirectly linked to Loureda; and 5.92% for Grupo Corporativo Fuertes. Direct and indirect holders’ interests must not be counted twice. The document also describes the Disa–Satocán voting agreement and states that no individual or legal entity exercises or can exercise control under the specified legal test. These are year-end 2025 disclosures, not a daily update of ownership.
Sources: 2025 corporate governance: ownership and control. pp. 10–15; appendix A.8.
Leadership and division of responsibilities
As checked on 8 November 2026, Manuel Manrique Cecilia is chairman and Pedro Sigüenza Hernández is chief executive. Sigüenza was appointed on 12 June 2025 to manage and develop the businesses; Manrique retained corporate, financial and strategic responsibilities. The published team includes Rafael Gómez del Río heading Engineering and Infrastructure and Eduardo Campos Pozuelo heading Water. This division avoids attributing the separate CEO role to the chairman.
Sources: Current management team · Pedro Sigüenza appointed CEO: 12 June 2025. checked 2026-11-08.
Concessions, construction and water
The three main businesses are Sacyr Concesiones, Engineering and Infrastructure, and Water. They combine asset development and operation with construction and water treatment, desalination, wastewater treatment and management. In 2025, construction progressed at Velindre hospital in the UK and on the Buga–Buenaventura road in Colombia and Ruta de la Fruta in Chile. Concession awards included the City of Health and Science in Novara, Italy, access roads to Asunción, Paraguay, and water-reuse and desalination projects in Antofagasta and Coquimbo, Chile. A contract award does not mean that an asset is complete or operational.
Sources: 2025 results: businesses and contract awards · Sacyr Engineering and Infrastructure activities · Sacyr 2025: consolidated accounts and sustainability. pp. 130–132.
2025 accounts without double counting
The consolidated accounts, prepared under EU-endorsed IFRS, report 2025 revenue of EUR 4,659.539 million, versus EUR 4,571.004 million in 2024. Profit attributable to the parent was EUR 85.787 million, versus EUR 113.373 million; total profit including outside interests was EUR 233.640 million. These measures are not interchangeable. Segment revenue was EUR 1,891.957 million for Concessions, EUR 2,971.228 million for Engineering and Infrastructure, EUR 306.546 million for Water and Renewables and EUR 156.975 million for Other. Consolidation adjustments subtract EUR 667.167 million: adding the divisions without that elimination would double count internal transactions.
Sources: Sacyr 2025: consolidated accounts and sustainability. pp. 10, 26, 132.
Workforce and work exposure
Sacyr ended 2025 with 13,979 employees, compared with 15,121 in 2024: 10,072 men and 3,907 women. It reported 12,545 permanent and 1,434 temporary contracts. This is a workforce snapshot at 31 December, not a count of everyone who worked on projects during the year or of all subcontractors. Construction, road maintenance and water plants require risks to be identified by task and project phase. From an editorial prevention perspective, machinery and traffic, temporary works and maintenance operations need different controls; the corporate average cannot replace local assessment.
Sources: Sacyr 2025: consolidated accounts and sustainability. p. 386.
Safety systems and certification scope
The health and safety policy covers employees, contractors and collaborators, with ultimate board responsibility. Sacyr reports ISO 45001 certification under UKAS accreditation in 98 companies, covering 77.54% under its 2025 workforce indicator, versus 85.37% in 2024. It attributes the scope change to the departure of three Colombian companies. This is company-reported coverage, not universal certification of every project or partner. It also documents ISO 39001 road-safety certification in 14 Spanish companies, one Mexican company, one Paraguayan company and two Chilean companies. Road safety and occupational safety are related, but these certificates have different purposes and boundaries.
Sources: Sacyr 2025: consolidated accounts and sustainability. pp. 382–383, 390.
Sacyr 2025: accounts and sustainability, English report · p. 192
From task analysis to critical-point controls
The accident-reduction plan began in Engineering and Infrastructure in 2023 and was subsequently adapted to Water and Maintenance. It includes management safety visits, safe-work analyses through critical-risk briefings, and critical-point audits. In 2025 the company reported 64,190 visible-leadership activities, 406,130 safe-work analyses and 37 critical-point audit reports. Smart software records follow-up. Incident investigations examine whether the assessment covered the risk and controls, require reassessment where needed, and follow the effectiveness of corrections. These counts document activity; demonstrating effectiveness requires verifiable changes in exposure and outcomes.
Sources: Sacyr 2025: consolidated accounts and sustainability. pp. 383–385.
Contractors, participation and stopping unsafe work
The purchasing and contractor procedure provides for assessment before engagement, risk information for subcontracted workers, coordination between employers and a prevention review at project closure. Induction and emergency training include external workers. Sacyr describes committees with representatives of partner companies and, where no committee exists, groups bringing together the project manager and a representative of each subcontractor. Its policy recognises stopping tasks when dangerous conditions are identified. It reports applying the same accident-investigation standards to employees and external workers; that does not make published employee statistics cover all subcontractors.
Sources: Sacyr 2025: consolidated accounts and sustainability. pp. 396–398.
Participation, audits and specific training
The report puts the workforce represented in health and safety committees at 54.2%, compared with 41.7% in 2024, and cites 408 prevention representatives. Committees meet quarterly to review assessments, new hazards and controls. Internal audits covered 92 sites and external audits 40; site counts alone do not establish complete coverage. Specific 2025 training included 473 people learning about traumatic events in Maintenance in Spain and Concessions in Latin America, alongside 71 people trained in critical construction risks. Those boundaries matter: a particular initiative must not be extended to the entire workforce.
Sources: Sacyr 2025: consolidated accounts and sustainability. pp. 385–386, 390.
Results: fewer accidents, higher rates
The employee table records 278 non-fatal accidents in 2025, versus 320 in 2024. However, the published frequency rises from 7.17 to 7.51 accidents per million hours and severity from 0.18 to 0.25 lost working days per thousand hours. Days lost to accidents increase from 8,198 to 9,191. A lower count is not equivalent to better rates. The group also reports one employee fatality and one subcontractor fatality. They must remain visible alongside an accident count that expressly excludes fatalities. These figures cover 2025 under the report’s definitions; they do not provide an automatic comparison with other construction groups.
Sources: Sacyr 2025: consolidated accounts and sustainability. pp. 390, 461.
Occupational health, wellbeing and limitations
The supplementary information distinguishes 11 occupational diseases certified by a mutual insurer and 32 musculoskeletal disorders within its occupational-disease categories: 43 cases in total and 2,476 lost days in 2025. The 43 are not presented as one uniform category of legally recognised disease. Separately, Sacyr Saludable offers physical activity, nutrition and emotional-wellbeing initiatives; benefits include psychosocial workshops and psychological services, adapted to countries and employee groups. These are support resources. Their existence or uptake does not demonstrate reduced psychosocial risk or replace changes to work organisation, workloads, hours and conditions.
Sources: Sacyr 2025: consolidated accounts and sustainability. pp. 375, 385, 461.
Technology: prevention monitoring and energy AI
Smart is documented as a tool for tracking leadership activities and critical-point audits. The report does not describe it as an autonomous AI system making safety decisions. It does document an AI energy-optimisation initiative at the Plaza Elíptica and Moncloa transport interchanges in Spain, scheduled for 2025–2026 and marked as in progress. Its purpose is to adjust air conditioning and energy use. That energy initiative is not recast as a prevention outcome or treated as complete. Assessing OHS usefulness would require measured exposure, a specific intervention and outcomes within a consistent boundary.
Sources: Sacyr 2025: consolidated accounts and sustainability. pp. 301, 384.
Emissions and energy with an explicit boundary
The 2025 inventory uses the financial-consolidation boundary. It reports 74,449.50 tonnes of CO₂ equivalent in Scope 1; 199,655.11 in market-based Scope 2 and 392,730.39 in location-based Scope 2; and 1,756,777.71 in Scope 3. The two calculation methods are alternatives, not amounts to add together. Energy use rises from 1,003,672.22 MWh in 2024 to 1,058,723.18 MWh in 2025. Progress in some indicators alongside increasing consumption resists a blanket environmental-improvement label; it also does not establish an occupational-safety outcome.
Sources: Sacyr 2025: consolidated accounts and sustainability. pp. 307–309.
What the case contributes to prevention
The case illustrates the continuity of preventive control from contractor selection through execution, investigation and project closure. Task analyses, participation and critical controls are concrete mechanisms that can be checked on site. Their value must be tested against exposure, accidents and harm, including subcontractors. Fewer accidents alongside higher rates demonstrates why denominators and reporting periods matter. This editorial assessment uses public documents; it is not an audit of Sacyr’s sites or a claim of a commercial relationship with Sabentis.
Sources: Sacyr 2025: consolidated accounts and sustainability. pp. 384–385, 390, 396–398, 461.
Frequently asked questions
Is Sacyr Spanish?
Yes. Sacyr, S.A. is a Spanish parent with its registered office in Madrid. This profile covers the consolidated group while retaining the distinct identities of its legal entities. [1] · [2]
Who founded Sacyr?
The business began in 1986 as Sociedad Anónima de Caminos y Regadíos. Corporate biographies identify José Manuel Loureda Mantiñán and Manuel Manrique Cecilia among its founders. The current corporate structure derives from the 2003 transaction with Vallehermoso. [1] · [2] · [3]
Can the three divisions’ revenues simply be added?
The consolidated total must include Other and consolidation adjustments. Internal sales are eliminated; 2025 revenue is EUR 4,659.539 million. [1]
Did accident performance improve in 2025?
The employee non-fatal accident count fell from 320 to 278, but frequency rose from 7.17 to 7.51 per million hours and severity from 0.18 to 0.25 days per thousand hours. These results do not support a single overall improvement conclusion. [1]
Is the entire workforce ISO 45001 certified?
The report does not establish that. Sacyr reports 98 certified companies and 77.54% coverage under its 2025 workforce indicator. This must not be extended to every partner, site or subcontractor. [1]
Does Smart demonstrate automatic AI prevention?
The report describes Smart as a prevention-monitoring tool. The identified AI initiative concerns energy optimisation at two transport interchanges and is in progress; it does not demonstrate autonomous safety decisions or reduced accidents. [1]
