Strabag to Expand in Danube Region

Businessn.a. ♦ Published: April 12, 2012; 11:23 ♦ (Vindobona)

In order to develop the Danube region of Hungary, Serbia, Romania, Bulgaria and Ukraine, the Austrian construction group expands its hydraulic engineering business.

Strabag to Expand in Danube Region / Picture: ©

The publicly listed construction group Strabag SE has acquired 100 % of Brandner Wasserbau GmbH based in Wallsee, Lower Austria, effective retroactively to 1 January 2012. The family SME has been active in the fields of hydraulic engineering, sand and gravel mining, and hydrography for more than 200 years.

Brandner Wasserbau employs some 40 people. Most of its revenue was…