2014-05-08

STRABAG subsidiary Züblin awarded large building construction contract in Denmark

• Züblin A/S realising “Axeltorv, AT2” in Copenhagen
  
• Contract value of about € 103 million
  
• Construction time 2014–2017

Copenhagen, 8 May 2014----Züblin A/S, a Danish subsidiary of the publicly listed European construction group STRABAG SE, was awarded the contract to build the “Axeltorv, AT2” project, a fourteen-storey multi-use building on the square just opposite of Tivoli in the very city center of Copenhagen. The turnkey agreement with a contract value of about € 103 million has already been signed. Leading the consortium of investors is Denmark’s largest public pension fund ATP.

“Following the realisation of various different infrastructure and civil engineering projects, this is the second building construction contract of such a magnitude for the STRABAG Group in Denmark after signing the contract for the ‘Bryghusprojektet’ just seven month earlier”, comments Thomas Birtel, CEO of STRABAG SE.

The design by the Danish architects Lundgaard & Tranberg calls for a 42,000 m² combined office and retail building with public recreational areas, restaurants, cafés and multi sublevel parking facilities on one of Copenhagen’s most frequently visited spots just in front of the main entrance of internationally well-known Tivoli. The project is to be handed over to the client by the end of 2016.

Züblin A/S was not least chosen as turnkey contractor because of its manifold experience in the management of logistically complex inner city construction projects, its proven track record on partnering processes embedded in the teamconcept© model as well as its expertise in ground engineering, in-situ construction and value engineering. The aspects of sustainability and building information modelling also played an important role for the client.

Already in 2012 Züblin A/S had been awarded the contract to design and execute the 75x75 metres large and 20 metres deep building pit worth approx. € 10 million, which will be finished in summer 2014.

STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our services span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by our specialised entities integrating the most diverse services and assuming responsibility for them. We bring together people, materials and machinery at the right place and at the right time in order to realise even the most complex construction projects – on schedule, of the highest quality and at the best price. The hard work and dedication of our more than 73,000 employees allows us to generate an annual output volume of about € 14 billion. At the same time, a dense network of numerous subsidiaries in many European countries and, increasingly, on other continents is helping to expand our area of operation far beyond the borders of Austria and Germany.
More information is available at www.strabag.com.

Züblin A/S was founded in 2002 and is based in Trige near Aarhus (head office) as well as in Søborg near Copenhagen. The company is part of the Austrian STRABAG SE, one of Europe’s leading construction groups. Züblin A/S employs around 250 people and has three operating units – Ground Engineering, Building Construction and Civil Engineering & Marine Works. Ground Engineering specialises in the design and execution of construction pit and foundation solutions as well as underground engineering structures. Building Construction is engaged with the engineering, design and construction of buildings as main and turnkey contracts, often done in the Züblin teamconcept© model, and Civil Engineering & Marine Works dealing with in-situ concrete structures, bridges and ports, and marine-related construction. The work is often carried out in close cooperation with the parent company. Züblin A/S seeks close cooperation with its clients and partners, and intends in this way to contribute with added value to the solution of complex civil engineering and construction projects.