Comsa Corporación closed 2020 with a turnover of EUR 778 million, maintaining the income of 2019 and increased its contract portfolio up to EUR 1.206 million despite the impact of the Covid crisis.
The company was able to keep these figures mainly due to the rise of activity in infrastructure projects, especially on the international arena, with a 12% increase in turnover compared to 2019. In line with its strategic plan, Comsa Corporación continues to focus its activity on its core business – construction, industrial engineering and maintenance, conservation and services – and fostering the internationalisation of the group mainly in Latin America and Europe.
In terms of job creation, the company has closed 2020 with more than 5,300 employees, having increased its workforce by 5%.
On construction sector, the company recorded a 5% increase turnover in 2020, reaching EUR 489 million. Within this framework, the activity related to railway, civil works and building projects in Spain represents 30% of the business volume. Among other works, Comsa is executing two sections of the Mediterranean Corridor between Murcia and Almería, as well as sector 3 of the Mondragón – Elorrio – Bergara branch corresponding to the Basque Y, and the construction of the Sagrera Station in Barcelona.
At an international level, the company has continued its expansion in Latin America, and in 2020 it won several important projects in Mexico and Brazil. In particular, Comsa was awarded the rehabilitation of La Mata – Colonia Jordán section of the Ferrocarril del Istmo de Tehuantepec and the track renewal of several sections of the light rail in Mexico City, as well as the construction of the Araguaia river bridge in Brazil.
Moreover, in Portugal, Comsa and its Portuguese subsidiary, Ferogrupo, have been awarded the renewal project of the Beira Alta line, between Pampilhosa – Santa Comba Dão, and the construction of the Mealhada bypass, both works integrated into the North International Corridor and considered a priority in Portugal’s Strategic Plan for Transport and Infrastructure.
At the same time, the group continues to execute works on Line 4 of the Sao Paulo metro in Brazil, the Odense tramway in Denmark, which is already in the test run phase, the modernisation of the Vinkovci – Vukovar rail section in Croatia, and the excavation of the Amagá tunnels in Colombia, among other important projects.
In the Engineering business, Comsa Industrial maintained its specialised activity in turnkey projects in electromechanics, ITS (Intelligent Traffic System) and tunnel control systems, electrification, and railway systems, with a turnover of EUR 181 million.
In 2020 Comsa Corporación invested more than EUR 7 million in R&D+i. One of the most outstanding projects in which the group participates is 5GMed, where Comsa is part of the consortium of companies that is carrying out the deployment of 5G technology to guarantee the connectivity of the Spanish and southern French rail network. Also, it is worth mentioning the progress of Resiltrack, aimed at designing a predictive maintenance system which will allow knowing the condition of the railway infrastructure and its impact on climate events in real time, as well as anticipating its behaviour to act wherever necessary.
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