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Thu September 19 2024

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Brexit prompts Amey parent to go Dutch

27 Jun 18 Ferrovial, the Spanish construction company whose UK interests range from Amey to airports, is moving its international headquarters out of the UK to remain within the European Union.

Ferrovial鈥檚 international holding company is moving its headquarters from Oxford to Amsterdam.

However, no Oxford employees are moving from to Amsterdam and no job losses are expected. The move is mainly a legal manoeuvre, to maintain EU parentage for the operations.

鈥淭he reason for the move is to maintain the group鈥檚 international companies under the umbrella of (EU) communities鈥 legislation,鈥 a spokesman said.

The holding company oversees Ferrovial鈥檚 activities outside Spain, including its interests in Heathrow, Glasgow, Aberdeen and Southampton airports, as well as Amey, Cintra, Poland鈥檚 Budimex and Australian services group Broadspectrum.

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