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Grupo Ferrovial
Ferrovial, S.A. (), previously Grupo Ferrovial, is a Spanish multinational company involved in the design, construction, financing, operation (DBFO) and maintenance of transport infrastructure and urban services. It is a publicly traded company and is part of the IBEX 35 capitalization-weighted stock market index. The company is headquartered in Madrid. Ferrovial operates through four divisions in over 5 countries. Its Highway division finances and operates toll roads including 407 ETR, North Tarrant Express, LBJ Express, Euroscut Azores and Ausol I. The Airport sector has developed and produced airports in Heathrow, Glasgow, Aberdeen and Southampton. Its Construction business designs and constructs public and private works such as roads, highways, airports and buildings. The company's Services sector oversees the maintenance and conservation of infrastructure, facilities and buildings, the collection and treatment of waste, and other types of public services. History The compan ...
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Madrid
Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), and its monocentric metropolitan area is the third-largest in the EU.United Nations Department of Economic and Social AffairWorld Urbanization Prospects (2007 revision), (United Nations, 2008), Table A.12. Data for 2007. The municipality covers geographical area. Madrid lies on the River Manzanares in the central part of the Iberian Peninsula. Capital city of both Spain (almost without interruption since 1561) and the surrounding autonomous community of Madrid (since 1983), it is also the political, economic and cultural centre of the country. The city is situated on an elevated plain about from the closest seaside location. The climate of Madrid features hot summers and cool winters. The Madrid urban agglomeration has the second-large ...
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Stock Market Index
In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the primary criteria of an index are that it is ''investable'' and ''transparent'': The methods of its construction are specified. Investors can invest in a stock market index by buying an index fund, which are structured as either a mutual fund or an exchange-traded fund, and "track" an index. The difference between an index fund's performance and the index, if any, is called ''tracking error''. For a list of major stock market indices, see List of stock market indices. Types of indices by weighting method Stock market indices could be segmented by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight both covers the sam ...
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Seamus Heaney
Seamus Justin Heaney (; 13 April 1939 – 30 August 2013) was an Irish poet, playwright and translator. He received the 1995 Nobel Prize in Literature.Obituary: Heaney ‘the most important Irish poet since Yeats’
''Irish Times,'' 30 August 2013.
Seamus Heaney obituary
''The Guardian,'' 30 August 2013.
Among his best-known works is '''' (1966), his first major published volume. H ...
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Bolsas Y Mercados Españoles
Bolsas y Mercados Españoles (; BME) is the Spanish company that deals with the organizational aspects of the Spanish stock exchanges and financial markets, which includes the stock exchanges in Madrid, Barcelona, Bilbao and Valencia. In addition to the trading of shares and bonds, BME offers access to a number of other products ( warrants, trackers) and the clearing and settlement of operations. BME is also developing a technological consultancy, operating in 23 countries and mainly providing trading systems. BME owns the stocks exchanges of Madrid, Barcelona, Valencia and Bilbao as well as Latibex, the only international market for Latin American securities, and the company Openfinance, a provider of technology in the wealth management industry. BME also holds a participation in the Cámara de Riesgo Central de Contraparte of Colombia and the Mexican Stock Exchange. BME has been a listed company since 14 July 2006 and an IBEX 35 constituent since July 2007 until December 2015. ...
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Private Finance Initiative
The private finance initiative (PFI) was a United Kingdom government procurement policy aimed at creating "public–private partnerships" (PPPs) where private firms are contracted to complete and manage public projects. Initially launched in 1992 by Prime Minister John Major, and expanded considerably by the Blair government, PFI is part of the wider programme of privatisation and financialisation, and presented as a means for increasing accountability and efficiency for public spending. PFI was controversial in the UK. In 2003, the National Audit Office felt that it provided good value for money overall; according to critics, PFI has been used simply to place a great amount of debt "off-balance-sheet". In 2011, the parliamentary Treasury Select Committee recommended: In October 2018, the then-chancellor Philip Hammond announced that the UK government would no longer use PFI; however, PFI projects will continue to operate for some time to come. In 2021, Robert Naylor warned ...
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BAA Limited
BAA or Baa may refer to: Letters and sounds * Baa, onomatopoeic representation of the noise made by sheep *Bāʾ, the Arabic letter ب * Baa, the fifth consonant of the Thaana script used in the Dhivehi language Places * Baa Atoll, an administrative division of the Maldives * Ba'a, the capital of the Indonesian island of Roti * BAA Ground, a now defunct cricket venue in Rangoon, Burma *Bialla Airport, Papua New Guinea (IATA code BAA) Organisations * BAA plc, a former British airport operator, now called Heathrow Airport Holdings ** BAA USA, the American subsidy of BAA plc. * Basketball Association of America, the former name of the National Basketball Association * Billiard Association of America, former name of the Billiard Congress of America * Birmingham Architectural Association, a professional association of architects based in Birmingham, England *British Astronomical Association, a national association of amateur astronomers in the UK * Boston Athletic Association, sports a ...
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Swissport
Swissport International Ltd. is a Swiss aviation services company providing airport ground, lounge hospitality and cargo handling services. Its headquarters are located in Opfikon, Canton of Zürich, Switzerland. It handles around 282 million passengers and 4.8 million tonnes of cargo annually, on behalf of 850 companies in the aviation sector. With a workforce of around 66,000 personnel, Swissport is active at 307 locations in 50 countries, and generates consolidated operating revenue of EUR 2.8 billion. History The company was founded in 1996 as Swissair Ground Services International, independent of the former Swissair. In the following years, the company expanded both through organic growth and through various acquisitions. As part of the Swissair financial crisis, Swissport was first purchased by the British private equity firm Candover Investments and later sold in August 2005 to the Spanish construction company Ferrovial. In the meantime, the company had grown through va ...
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Belfast City Airport
George Best Belfast City Airport is a single-runway airport in Belfast, Northern Ireland. Situated in County Down, it is adjacent to the Port of Belfast and is from Belfast City Centre. It shares the site with the Spirit AeroSystems (formerly Short Brothers/ Bombardier) aircraft manufacturing facility. The airport began commercial operations in 1983, and was known as "Belfast City Airport" until it was renamed in 2006 in memory of George Best, the professional footballer from Belfast. The airport has a CAA public use aerodrome licence (number P862) that allows flights for the public transport of passengers or for flying instruction. As of October 2022, 7 airlines operate 22 routes across the UK and Europe from Belfast City Airport. In 2021, the airport handled over 800,000 passengers, having peaked at 2.7 million in 2010. The airport serves as a regional base for Aer Lingus, British Airways and Flybe, who are the largest operators there. Ground handling is provided by Swi ...
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Rolling Stock
The term rolling stock in the rail transport industry refers to railway vehicles, including both powered and unpowered vehicles: for example, locomotives, freight and passenger cars (or coaches), and non-revenue cars. Passenger vehicles can be un-powered, or self-propelled, single or multiple units. A connected series of railway vehicles is a train (this term applied to a locomotive is a common misnomer). In North America, Australia and other countries, the term consist ( ) is used to refer to the rolling stock in a train. In the United States, the term ''rolling stock'' has been expanded from the older broadly defined "trains" to include wheeled vehicles used by businesses on roadways. The word ''stock'' in the term is used in a sense of inventory. Rolling stock is considered to be a liquid asset, or close to it, since the value of the vehicle can be readily estimated and then shipped to the buyer without much cost or delay. The term contrasts with fixed stock (infrastru ...
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London Underground
The London Underground (also known simply as the Underground or by its nickname the Tube) is a rapid transit system serving Greater London and some parts of the adjacent ceremonial counties of England, counties of Buckinghamshire, Essex and Hertfordshire in England. The Underground has its origins in the Metropolitan Railway, the world's first underground passenger railway. Opened on 10 January 1863, it is now part of the Circle line (London Underground), Circle, District line, District, Hammersmith & City line, Hammersmith & City and Metropolitan lines. The first line to operate underground electric locomotive, electric traction trains, the City & South London Railway in 1890, is now part of the Northern line. The network has expanded to 11 lines, and in 2020/21 was used for 296 million passenger journeys, making it List of metro systems, one of the world's busiest metro systems. The 11 lines collectively handle up to 5 million passenger journeys a day and serve 272 ...
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Public–private Partnership
A public–private partnership (PPP, 3P, or P3) is a long-term arrangement between a government and private sector institutions.Hodge, G. A and Greve, C. (2007), Public–Private Partnerships: An International Performance Review, Public Administration Review, 2007, Vol. 67(3), pp. 545–558 Typically, it involves private capital financing government projects and services up-front, and then drawing revenues from taxpayers and/or users over the course of the PPP contract. Public–private partnerships have been implemented in multiple countries and are primarily used for infrastructure projects. They have been employed for building, equipping, operating and maintaining schools, hospitals, transport systems, and water and sewerage systems. Cooperation between private actors, corporations and governments has existed since the inception of sovereign states, notably for the purpose of tax collection and colonization. However, contemporary "public-private partnerships" came into being ...
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Tube Lines
Tube Lines Limited, initially known as 'Infraco JNP' (an amalgamation of infrastructure and company), is an asset-management company responsible for the maintenance, renewal and upgrade of the infrastructure, including track, trains, signals, civils work and stations, of three London Underground lines. Originally a consortium of private companies, Tube Lines was one of two infrastructure companies (the other being Metronet) who entered into a public-private partnership (PPP) with London Underground in 2003. The company has been a wholly owned subsidiary of Transport for London (TfL) since May 2010, and has now been rebranded as "London Underground". History In the late 1990s, the Labour government proposed a Public Private Partnership (PPP) to reverse years of underinvestment in London Underground. The Tube trains themselves would be operated by the public sector and the infrastructure (track, trains, tunnels, signals, and stations) would be leased to private firms for 30 yea ...
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