August 2, 2023
Sorigué maintains a stable growth rate and invests in the water cycle and sustainable machinery
Sorigué acquires Lasaosa to continue its growth in the...
Sorigué and GBI Paprec reach a purchase agreement for the...
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Sorigué maintains a stable growth rate and invests in the water cycle and sustainable machinery
A benchmark in city services, infrastructures, water cycle and energy, Sorigué closed the 2022 financial year with consolidated sales of EUR 740 million. On the other hand, its EBITDA reached EUR 34 million, similar to the EUR 34.8 million of 2021.
In turn, the business portfolio amounted to EUR 1.316 billion in 2022. Meanwhile, the group’s own funds represent 40% of the 2022 balance sheet, testament to the stability and solvency of the group.
Along this path of constant progress, Sorigué has made new investments in the water cycle, with the purchase of the company Lasaosa. Acquired last March, this company located in the province of Huesca specialises in the sale and installation of products and the maintenance of hydraulic infrastructures in the field of chlorination and chemical disinfection. It currently has more than 6,000 clients, including public and private organisations.
In addition, the group has added three new companies linked to construction materials to its portfolio this year: Hormigones la Paz, Asfaltos Hormigones Teruel and Jiloca. The purchase of these three companies located in the province of Teruel aims to consolidate the group’s presence in Aragon.
In its commitment to sustainable innovation in pavements, Sorigué leads the Smartpave project, which researches how to reduce the use of fossil fuels by creating new asphalt mixes that generate electricity. It is also developing the Greenfirme research project, which seeks to develop bio-binders from plant-based compounds, to be used as substitutes for mineral-based binders used in bituminous mixtures. Both research projects are carried out in collaboration with the Polytechnic University of Catalonia.
In the field of the water cycle and the circular economy, Sorigué participates in the European Water Mining project, which develops different technologies to improve the treatment of organic pollutants in wastewater. It is also developing the Life Biodaph20 research project, which seeks to incorporate biological organisms in water purification to reduce its pollutant load so that it can be returned to aquatic ecosystems or used for agricultural purposes.
On the other hand, in the pursuit for continuous improvement of its services, this year the group has acquired four pieces of equipment for its asphalting machinery, including the w240 CRi cold recycler, one of a kind in Spain. This machine recycles 100% of the road surface at ambient temperature. Its use in paving works reduces greenhouse gas emissions by 50% compared to conventional asphalting. The purchase of these four machines has been subsidised by the Recovery, Transformation and Resilience Plan, promoted by the Spanish Government.
In turn, the business portfolio amounted to EUR 1.316 billion in 2022. Meanwhile, the group’s own funds represent 40% of the 2022 balance sheet, testament to the stability and solvency of the group.
Along this path of constant progress, Sorigué has made new investments in the water cycle, with the purchase of the company Lasaosa. Acquired last March, this company located in the province of Huesca specialises in the sale and installation of products and the maintenance of hydraulic infrastructures in the field of chlorination and chemical disinfection. It currently has more than 6,000 clients, including public and private organisations.
In addition, the group has added three new companies linked to construction materials to its portfolio this year: Hormigones la Paz, Asfaltos Hormigones Teruel and Jiloca. The purchase of these three companies located in the province of Teruel aims to consolidate the group’s presence in Aragon.
In its commitment to sustainable innovation in pavements, Sorigué leads the Smartpave project, which researches how to reduce the use of fossil fuels by creating new asphalt mixes that generate electricity. It is also developing the Greenfirme research project, which seeks to develop bio-binders from plant-based compounds, to be used as substitutes for mineral-based binders used in bituminous mixtures. Both research projects are carried out in collaboration with the Polytechnic University of Catalonia.
In the field of the water cycle and the circular economy, Sorigué participates in the European Water Mining project, which develops different technologies to improve the treatment of organic pollutants in wastewater. It is also developing the Life Biodaph20 research project, which seeks to incorporate biological organisms in water purification to reduce its pollutant load so that it can be returned to aquatic ecosystems or used for agricultural purposes.
On the other hand, in the pursuit for continuous improvement of its services, this year the group has acquired four pieces of equipment for its asphalting machinery, including the w240 CRi cold recycler, one of a kind in Spain. This machine recycles 100% of the road surface at ambient temperature. Its use in paving works reduces greenhouse gas emissions by 50% compared to conventional asphalting. The purchase of these four machines has been subsidised by the Recovery, Transformation and Resilience Plan, promoted by the Spanish Government.
Continued commitment to geographical diversification
Sorigué continues to strengthen its territorial presence with projects and services such as the start of operations at its first WWTP (Alberic treatment plant) in the first half of the year in the Valencian Community. In addition, the group has started to execute installation and maintenance contracts. This month it completes a series of actions for the Hospital la Ribera in Valencia and begins the refurbishment of the facilities of the Colegio Mayor Peset, in the same city.
In Aragon, the group has also started the five-year operation of the Ejea de los Caballeros WWTP, which is in addition to the maintenance contract for the treatment plants in the 08-C zone of Zaragoza, currently in force in the region. It is also renovating the railway tracks between Jaca and Canfranc (23.7 km) for ADIF and is finalising delivery of the second phase of the Velaire residential complex in Zaragoza.
Also this year, in Andalusia, it has begun the conservation of the water supply and sanitation networks in the cities of Cordoba, Huelva and Malaga, where it is also responsible for the maintenance of streets and street furniture. In this province, the group has also restored the Guadalhorce and Guadalteba dams. In Seville, it has built the new WWTP for the town of Saucejo and, in Huelva, this year it is completing the complex restoration of the Sifón Santa Eulalia bridge.
In Madrid, the group has recently completed the construction of the new roller coaster at Parque Warner, an infrastructure with 956 m of tracks on a surface area of 19,477 m². It has also completed the construction of a high-end housing complex in Aravaca, Madrid. With regard to urban services, it has started the contract for the conservation of buildings and public spaces in the districts of Carabanchel and Hortaleza, and the maintenance of service offices of the Ministry of Justice and the IFEMA Conference Centre.
In Catalonia, the group has updated, in record time, one of the bends at the emblematic Circuit de Barcelona – Catalunya and has urbanised part of the new green areas of Carrer Consell de Cent in Barcelona. The maintenance of 19 children’s playgrounds has also begun in the city. This year saw the completion of the construction of the new Smart La Escocesa office complex, the first smart building in Spain to be built with sustainable materials and high energy efficiency. In addition, construction recently began on the Tower One hotel project in Esplugues de Llobregat, a 25-storey building that will form part of the new Porta Diagonal business and services park.
Sorigué continues to strengthen its territorial presence with projects and services such as the start of operations at its first WWTP (Alberic treatment plant) in the first half of the year in the Valencian Community. In addition, the group has started to execute installation and maintenance contracts. This month it completes a series of actions for the Hospital la Ribera in Valencia and begins the refurbishment of the facilities of the Colegio Mayor Peset, in the same city.
In Aragon, the group has also started the five-year operation of the Ejea de los Caballeros WWTP, which is in addition to the maintenance contract for the treatment plants in the 08-C zone of Zaragoza, currently in force in the region. It is also renovating the railway tracks between Jaca and Canfranc (23.7 km) for ADIF and is finalising delivery of the second phase of the Velaire residential complex in Zaragoza.
Also this year, in Andalusia, it has begun the conservation of the water supply and sanitation networks in the cities of Cordoba, Huelva and Malaga, where it is also responsible for the maintenance of streets and street furniture. In this province, the group has also restored the Guadalhorce and Guadalteba dams. In Seville, it has built the new WWTP for the town of Saucejo and, in Huelva, this year it is completing the complex restoration of the Sifón Santa Eulalia bridge.
In Madrid, the group has recently completed the construction of the new roller coaster at Parque Warner, an infrastructure with 956 m of tracks on a surface area of 19,477 m². It has also completed the construction of a high-end housing complex in Aravaca, Madrid. With regard to urban services, it has started the contract for the conservation of buildings and public spaces in the districts of Carabanchel and Hortaleza, and the maintenance of service offices of the Ministry of Justice and the IFEMA Conference Centre.
In Catalonia, the group has updated, in record time, one of the bends at the emblematic Circuit de Barcelona – Catalunya and has urbanised part of the new green areas of Carrer Consell de Cent in Barcelona. The maintenance of 19 children’s playgrounds has also begun in the city. This year saw the completion of the construction of the new Smart La Escocesa office complex, the first smart building in Spain to be built with sustainable materials and high energy efficiency. In addition, construction recently began on the Tower One hotel project in Esplugues de Llobregat, a 25-storey building that will form part of the new Porta Diagonal business and services park.
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