Urbanor is a Spanish society. It constructed the
KIO Towers of the
Plaza de Castilla
The Plaza de Castilla (, ) is a square in the north of Madrid, Spain.
Location
It is located in the north of the city and is bisected by Paseo de la Castellana, one of the main thoroughfares of the capital, almost at its end. It lies between th ...
, in
Madrid
Madrid ( ; ) is the capital and List of largest cities in Spain, most populous municipality of Spain. It has almost 3.5 million inhabitants and a Madrid metropolitan area, metropolitan area population of approximately 7 million. It i ...
. It became one of the major economic scandals of the 1980s in Spain.
Case Urbanor
The "Case Urbanor" turned into an extraordinary judicial case. Plaintiffs architect Pedro Sentieri and builder Julio San Martín scored multimillion dollar returns when their investments multiplied by more than 27 times, in only nine months.
On the opposite side, defendants
Alberto Cortina
Alberto Cortina de Alcocer (born 20 January 1947) is a Spanish billionaire businessman. Through his holding Percacer, he is co-owner, with his cousin Alberto Alcocer, of Alcor Holding, the owner of 12.5% of Grupo ACS, the biggest construction co ...
and
Alberto Alcocer, known popularly as "The Albertos", had to pay 50 million Euros.
The case lasted more than 10 years and was settled in the Supreme Court. Sentieri and San Martín continued to appeal the case.
References
Construction and civil engineering companies of Spain
{{Spain-company-stub