Construcciones y Auxiliar de Ferrocarriles

Construcciones y Auxiliar de Ferrocarriles, S.A.

Company type	Sociedad Anónima
Traded as	BMAD: CAF
ISIN	ES0121975009
Industry	Manufacturing
Founded	1917 (Compañía Auxiliar de Ferrocarriles)
Headquarters	Beasain, Basque Country, Spain
Number of locations	11 factories, including: Beasain (Basque Country) Zaragoza (Aragon) Irún (Basque Country) Linares (Andalusia) Hortolandia (Brazil) Huehuetoca (Mexico) Elmira, New York (US) Bagnères-de-Bigorre (France)
Key people	Jose María Baztarrica Garijo, Andrés Arizkorreta (Chief Executive Officer and Chairman)
Products	Design, manufacture, maintenance and supply of equipment and components for railway systems
Revenue	€2.943 billion (2021)[1]
Operating income	€165 million (2021)[1]
Net income	€89 million (2021)[1]
Total assets	€4.269 billion (2021)[1]
Total equity	€740.4 million (2021)[1]
Owner	Public; Employees via Cartera Social S.A. (25%); Kutxabank (14%)[2]
Number of employees	13,284(2021)[1]
Website	CAF.net

Construcciones y Auxiliar de Ferrocarriles (Grupo CAF, literally "Construction and Other Railway Services") is a Spanish publicly listed company which manufactures railway vehicles and equipment and buses through its Solaris Bus & Coach subsidiary. It is based in Beasain, Basque Autonomous Community, Spain. Equipment manufactured by Grupo CAF includes light rail vehicles, rapid transit trains, railroad cars and locomotives, as well as variable gauge axles that can be fitted on any^{[citation needed]} existing truck or bogie.

Over the 20 years from the early 1990s, CAF benefited from the rail investment boom in its home market in Spain to become a world player with a broad technical capability, able to manufacture almost any type of rail vehicle.^[3] CAF has supplied railway rolling stock to a number of major urban transit operators around Europe, the US, South America, East Asia, India, Australia and North Africa.