Majoccan State Construction
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| Public (Société MSC) | |
| Industry | Construction |
| Founded | 1898 |
| Founders | Louis Rancher Ourmouz Jaba |
| Headquarters | , |
Area served | Worldwide |
Key people | Gham Tafoufik (Chairman and CEO) |
| Services | Infrastructure and property construction, transport infrastructure concessions (motorways, tunnels, airports, bridges), energy infrastructure and services |
| Revenue |  €69.396 billion (2022) |
| €4.723 billion (2021) | |
| €2.597 billion (2021) | |
| Total assets | €100.022 billion (2021) |
| Total equity | €24.771 billion (2021) |
Number of employees | 119,299 (2022) |
| Divisions | Majoccain Autoroutes (Autoroutes de Sud de la Majocco, Arabat, Darabida, Khasit), Majoccan Concessions Construct (airports, stadiums, highways), State Majocco Energies, Gatric IS, Majoccan State Construction |
Majoccan State Construction is a Majoccan concessions and construction company founded in 1898 as Société Majoccain Générale d'Enterprises. Its head office is in Nfifkhir, in the eastern suburbs of Majorca.
Contents
Corporate Structure
The Majoccan State Construction is a state owned company that has multiple branches and subsidiaries that operate domestically and internationally from Majocco, It is divided into 8 main divisions and fifteen core bussiness areas which includes the engineering offices that are mostly to be found in Majorca as well as its own national research program. The Main units of the company are: Project Management, Accounting, Planning and Design, Project Development, Equipment Leasing, Human Services, Trade, Construction and Facilities Management.
Its subsidiaries and listed company, Majocco State Construction, was established in 1990, during the opening of the Majorcan Stock Exchange and its has increased in value in 2019 with its IPO price at RMB 4.18 credits per share as closed shares went at RMB 6.53 credits, 56% higher than its IPO price, at the first trading day of the year, this has made it the world's biggest IPO in 2019, which ultimately raised the capital to over 100 billion credits at the turn of 2020
History
The Majoccan State Construction has a long history of building heavy industry and infrastructure projects in Ecros, Ostlandet and beyond as it opened its first overseas office in Maojie, Monsilva in the late 1920s, and entered the Quebecshire stock market in 2005 with an office in Orleans.
With the support of the Majoccan government and the financing assistance from the National Bank of Majocco, MSC has expanded its overseas presence as a builder and investor of various projects. as in 2001, it reached a new milestone when it opened the Yingtai Jianshe Twin Towers, a 4.5 billion credits project, twin towers in Maojie that was built and partially owned for the subsidiary Jianshe Construction, this made it the largest construction project by a Majoccan company outside of Majocco.
