Construction Giant Strabag Removes Russian Voice on Supervisory Board

PeopleExecutives ♦ Published: May 5, 2022; 16:04 ♦ (Vindobona)

At the recently held Extraordinary General Meeting of STRABAG SE, Thomas Bull, a member delegated by the major shareholder Rasperia, was dismissed. His company is owned by the Russian oligarch Oleg Deripaska, who must therefore completely relinquish his control over Strabag.

Strabag sends a clear signal in the direction of the Ukraine war. / Picture: © Wikimedia Commons / Globetrotter19 / CC BY-SA (https://creativecommons.org/licenses/by-sa/3.0)

At the recently held extraordinary general meeting of STRABAG SE, Thomas Bull was dismissed.

Bull was the member of the Supervisory Board delegated by the major shareholder Rasperia Trading Ltd, which is the third largest shareholder in Strabag with a share of 27.8%, alongside the UNIQA/Raiffeisen NÖ-Wien Group with 29.5% and the Haselsteiner family with…