Strabag: Poland as a Replacement for Russia?

IndustrialsConstruction ♦ Published: February 9, 2011; 01:00 ♦ (Vindobona)

Sales of the Austrian construction company in Russia are slow in coming. Instead, other growth regions could be pushed.

Strabag: Poland as a Replacement for Russia? / Picture: © Wikimedia Commons / The Communist International (based on an artwork by Boris Kustodiev, d. 1927) [Creative Commons CC0 1.0 Universal Public Domain Dedication]

Despite the comeback into Strabag of the Russian investor Oleg Deripaska, the company shows currently only very low sales in the former market of its expectations. In autumn 2010, Deripaska bought back a 17% share in Strabag.

Strabag itself it is not yet active as an investor in Russia. When Deripaska was involved in Strabag for the first time from 2007 to 2009, the company…