Strabag to Expand into Italy

Businessn.a. ♦ Published: July 31, 2012; 19:20 ♦ (Vindobona)

The Austrian construction group intends to enter the Italian construction company „Autostrade Pedemontana“.

Strabag to Expand into Italy / Picture: © Strabag SE

In February, the Austrian construction group received a contract worth € 1.7bn in Northern Italy by „Autostrade Pedemontana“. Strabag participates in the construction consortium “Autostrada pedemontana S.p.A”, which has been awarded for building a highway in the North of the city of Milan. Strabag holds a 60% share in the consortium. Strabag cooperates with the two Italian…