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The company was founded by Francis Bouygues in 1952. [4] In 1970 Bouygues became listed on the Paris Stock Exchange. [4] In 1985 and 1986, Bouygues acquired road construction groups Screg, Sacer, and Colas; [note 1] [5] later reorganised as Colas Group.
VSL International (for Vorspann System Losinger) is a specialist construction company founded in 1954. VSL contributes to engineering, building, repairing, upgrading and preserving transport infrastructure (bridges, tunnels, retained earth walls for roads), buildings and energy production facilities.
The Bouygues company became the main shareholder in the 1980s, with Colas under Shell/Bouygues jointly holding the Société d'Investissement de Travaux Publics (SITP). French road construction competitors Screg and Sacer were also part of the SITP structure.
In April 1987, the construction conglomerate Bouygues won the resulting auction for the sale of TF1, ahead of the Lagardère Group. [3] On 16 April, Francis Bouygues, the president of Bouygues, presented a check of three billion francs to the government, completing the privatisation of TF1. [3] [4]
Bouygues (2 C, 11 P, 1 F) Pages in category "Construction and civil engineering companies of France" The following 17 pages are in this category, out of 17 total.
During construction, 90% of the funds are provided by the private sector. Of the estimated $1 billion total project cost, $607 million would go to design and construction, $195.1 million to financing, $59.6 million to insurance and maintenance during construction, $41.2 million to reserves, and $209.8 million for state development cost. [20]
The pavilions were built as temporary shops for luxury stores by the Société des Bains de Mer (SBM) for the duration of construction work along the Avenue des Beaux-Arts. [1] [2] The SBM invested 17 million in their construction. [3] The construction firms were Richelmi and Acieroid, two subsidiaries of Bouygues. [4]
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