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    STRABAG SE

    http://strabag.com
    STRABAG SE
    Donau-City-Str. 9
    1220 Vienna
    Austria
    Tel: ‎IR-Hotline: +43 800 880890
    E-mail: investor.relations@strabag.com

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    Press releases  

    2017-12-02 04:53:15

    STRABAG awarded € 125 million road construction contract in Hungary

    • Construction of R76 expressway in western Hungary
    • 8.6 km section with several overbridges
    • Construction time: four years
    Budapest, 20 December 2017---The European construction group STRABAG SE has been awarded a road construction contract in Hungary with a volume of approx. € 125 million. On behalf of state company NIF Zrt., STRABAG will build the first section of R76 expressway in western Hungary from Zalaegerszeg to the M7 motorway including the Hollád interchange.

    The 8.6 km section comprises several overpasses, including a reinforced concrete bridge over the river Zala as well as two railway bridges. The construction works are expected to last four years.

    “An especially challenging aspect of this project are the marshes and moors along the planned route consisting of soft silt and clay. This makes proper ground treatment and conditioning especially important,” explains Thomas Birtel, CEO of STRABAG SE.

    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 complex construction projects – on schedule, of the highest quality and at the best price. The hard work and dedication of our close to 72,000 employees allow 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 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.

    The STRABAG Group has been operating in Hungary since 1989. In 2016, the 2,600 employees in the country generated an output volume of about € 450 million. More information about STRABAG in Hungary is available at www.strabag.hu.



     
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