Searched the formum and could not find a thread dedicated to the Austonian. Wow, hard to believe!
Anyway, saw some news from Spain that Spain's largest construction company is declaring bankruptcy.
http://news.moneycentral.msn.com/pro...715&id=8896092
This spured me to investigate the Austonian construction company and ran across the following:
"Grupo Villar Mir,a construction and fertilizer conglomerate, was awarded the Grand Prix in Spain's second Best of European Business competition on October 18. (2006)
Spain's Minister of Industry, Joan Clos, presided over the gala event featuring more than 130 of the country's top business representatives and leading politicians in the prestigious Casino de Madrid. The highlight of the evening was the presentation of the Grand Prix award to Juan Miguel Villar Mir, President of Grupo Villar Mir, who had skillfully combined growth and European expansion into a successful strategy, according the high-level jury of the country's business leaders and leading academics."
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Grand Prix
The Grand Prix of the competition was awarded to Grupo Villar Mir. Established in 1987, Grupo Villar Mir (GVM) is the largest Spanish family-owned industrial group with international activities. Its worldwide presence covers Latin America, North America, Africa, Europe, Asia and Australia in its various activities. GVM is involved in construction, property, fertilizers, ferro-alloys, energy production, engineering and IT systems. The jury awarded this special prize to the company, citing its means of creating growth throughout Europe, through its operations with OHL, Fertiberia and Ferroatlátlantica. The company ranked number one in the country in terms of acquisitions with relevant operations of these subsidiaries. Grupo Villar Mir had become the EU leader in the fertilizer sector and number three in Spain in the construction business. The jury praised its knowledge and expertise in turning around non-profitable companies in mature, competitive sectors.
http://www.best-of-european-business...ns_Finest.html
Looks like this company is well rounded. The fertilizer business around the world is on fire, so is energy and metals. Didn't do further research, but this company should be doing great in its other markets.