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Strabag

Strabag awarded tunnelling contract for Sirius Minerals’North Yorkshire Polyhalite Project

Sirius Minerals Plc. has hired the European construction group Strabag SE to build an approx. 13 km tunnel section for the underground transport system of the Woodsmith Mine near Whitby, England. The design-and-build contract was signed on 28 March.

March 29, 2018

Strabag building LEED-certified office tower in central Bucharest

The European-based construction group Strabag SE, through its Romanian subsidiary, has been awarded the contract to build a 110 m tall office tower in central Bucharest. The contract has a value of about EUR 39 million. Completion is scheduled for October 2019.

March 20, 2018

Strabag building section of M85 expressway in Hungary for€ 167 million

The European construction group STRABAG SE has started work on the 20.5 km long section of the M85 expressway between Csorna and Sopron in Hungary. The contract has a value of HUF 51.9 billion, which corresponds to about EUR 167 million. The section is scheduled for completion after a period of 36 months.

March 13, 2018

Strabag counting on continued positive development in 2018 thanks to record order backlog

Strabag today announced its first figures for the 2017 financial year and issued an outlook for 2018. "We closed the year with a record output volume and are going into the new one with a record order backlog. The signs are pointing to unchanged strong demand in nearly all of our core markets," says CEO Thomas Birtel.

February 15, 2018

Strabag to Build Rail Tunnel in Toronto

Strabag has had an infrastructure contract in Toronto awarded to its Canadian subsidiary. The scope of the work includes the construction of a 180 m long tunnel under Highway 401 to accommodate two tracks operated by Ontario's public transport agency Metrolinx. The full investment volume amounts to about EUR 77 million.

January 17, 2018

Strabag building two more sections of S7 in Poland for around € 200 million

Two subsidiaries of publicly listed construction group Strabag SE have been awarded the contract in Poland to design and build two sections of the S7 expressway north of Warsaw. The two orders have a total value of PLN 828 million, which is equivalent to approx. EUR 198 million.

January 12, 2018

Strabag awarded € 125 million road construction contractin Hungary

The European construction group STRABAG SE has been awarded a road construction contract in Hungary with a volume of approx. EUR 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.

December 20, 2017

Strabag expects double-digit million-euro amount in 2017

On the basis of a legally binding settlement agreement concluded today in relation with a former project in the Middle East region, the Management Board of STRABAG SE expects to realise income (before income taxes) of a mid-range double-digit million-euro amount in the 2017 financial year.

December 6, 2017

Strabag SE posts stable operating earnings after nine months 2017 despite positive one-off last year

Publicly listed construction company STRABAG SE reported operating earnings that are nearly unchanged after the first nine months 2017 - despite the fact that a one-off effect in 2016 from the sale of a shareholding related to the acquisition of the minority interest in subsidiary Ed. Züblin AG, which was disclosed at that time, had resulted in an upwards distortion of the earnings figures.

November 30, 2017

Strabag SE / Quarterly report according to art. 87 para. 6 Stock Exchange Act

Strabag SE is declaring the following financial reports below.

November 30, 2017

Strabag to build further Akalla tunnel section for the Stockholm motorway ring

STRABAG Sverige AB, a subsidiary of STRABAG SE, has been awarded an approx. EUR 45 million contract from the Swedish Transport Administration (Trafikverket) to build the Akalla Motorway Tunnel. The tunnel is part of the Stockholm Bypass, a motorway ring around the Swedish capital and currently the largest road construction and tunnelling project in the country.

November 21, 2017

Strabag Secures Orders in Poland for 170 Million Euros

Austria's largest construction group has received orders worth 170 million euros in Poland. The General Directorate for National Roads and Motorways (GDDKiA) awarded three road contracts to the Polish subsidiaries of Strabag, said the listed company in a release.

October 31, 2017

Strabag wins road construction contracts in Poland for a total of € 170 million

The European-based construction group Strabag, through its Polish subsidiaries, has been awarded three road construction contracts from Poland's General Directorate for National Roads and Motorways (GDDKiA). The total contract value is split among two lots along the S19 north of Warsaw for EUR 73 million and EUR 43 million as well as one lot along the S61 in southern Poland for EUR 54 million. "Poland is our third most important market. We celebrated our 30th anniversary there this year. We offer the full range of our services in Poland: from road construction to building construction and civil engineering to project development," explains Thomas Birtel, CEO of Strabag SE.

October 31, 2017

Service agreement of STRABAG group company SPFS with Deutsche Telekom ends latest on 30 June 2019

The facility management services agreement between STRABAG Property and Facility Services GmbH Germany (SPFS) and Deutsche Telekom, which had been concluded in parallel with the acquisition of DeTeImmobilien in 2008, will end latest effective 30 June 2019. After long and intense negotiations, Deutsche Telekom has decided to award these services to another provider.

October 18, 2017

STRABAG PFS prepares to restructure its client portfolio

STRABAG Property and Facility Services (STRABAG PFS) will end the management of real estate, technical facilities, data centres and cellular towers of Deutsche Telekom AG (DTAG) with effect from 30 June 2019 latest. The corresponding service agreement will expire after a period of ten years. STRABAG PFS's offer to continue to manage the DTAG properties efficiently, sustainably and at mutually acceptable conditions until 2028 was not accepted.

October 18, 2017

Strabag SE celebrates 10 years on the stock market

Strabag SE, the European-based technology group for construction services, is celebrating 10 years on the Vienna Stock Exchange. On 19 October 2007, the company had placed 28,200,001 no-par shares in free float at a price of EUR 47 per share. Although the subsequent price development was influenced by the crises on the international markets that followed, the shares of Strabag SE managed to outperform the Viennese benchmark index ATX in a 10-year comparison. Last Friday, the shares closed at EUR 36.26.

October 16, 2017

Strabag constructing Africa’s highest bridge

STRABAG SE, the publicly listed European-based technology group for construction services, has been awarded a bridge project in South Africa. The group's subsidiary STRABAG International GmbH has been hired by the South African National Roads Agency (SANRAL) to build a 1,132 m long bridge over the river Mtentu near the town of Flagstaff in the eastern part of the country.

September 5, 2017

STRABAG SE / Half-year financial reporta ccording to art. 87 para. 1 Stock Exchange Act

STRABAG SE is declaring the following financial reports below.

August 31, 2017

Strabag SE confirms guidance for 2017 after six months

After the first six months of the financial year, publicly listed construction company STRABAG SE is optimistic to be able to reach its goals for the full year 2017. The positive trend for STRABAG that set in at the beginning of the year continues to this day. The order backlog is at a record high, the output volume growth was in the double digits in the first half of the year and the operating earnings have increased.

August 31, 2017

Strabag to build Cracow’s tallest high-rise tower

The European-based construction group STRABAG has been hired to build a five-building business centre in the Polish city of Cracow. Currently an unfinished high-rise building stands at the prominent location in the centre of the city.

August 10, 2017

Strabag to build Thiba Dam in Kenya

STRABAG, the publicly listed technology group for construction services, has been commissioned to build the Thiba Dam in Kenya, which will help secure the year-round water supply for the country's agriculture. The 40 m tall and 1 km long dam being built about 130 km northeast of the Kenyan capital of Nairobi will create a reservoir that will allow a second harvest every year in the surrounding cultivable area.

August 7, 2017

Strabag to work on billion-euro infrastructure project in the United Kingdom

STRABAG, the publicly listed European-based technology group for construction services, has been awarded the Main Work Civil Contract packages for lots S1 and S2 of the United Kingdom's new HS2 high-speed railway that will initially link London to Birmingham and later to Leeds and Manchester.

August 1, 2017

Strabag to renovate historic building from the year 1886 in Hungary

The construction company STRABAG has been chosen to renovate Budapest's historic Eiffel Hall on behalf of the Hungarian State Opera. The building from the year 1886, which measures 220 m in length and 110 m in width, will be used as an art centre for classical music. The contract value is divided into a fixed portion of HUF 8.6 billion (EUR 28 million) and an option portion of HUF 3.1 billion. (approx. EUR 10 million).

July 20, 2017

UNIQA Insurance Group AG / Shareholders' Agreement among major shareholders of STRABAG SE extended

Haselsteiner Familien-Privatstiftung, Mr. Dr. Hans Peter Haselsteiner and Rasperia Trading Limited as major shareholders of STRABAG SE did not exercise their termination right with respect to the shareholders' agreement concluded among them as per 31 December 2017; consequently, the shareholders' agreement was extended by a term of five years until 31 December 2022.

July 3, 2017

Strabag building musical road in Hungary

The European-based construction group STRABAG has been awarded the contract to build and widen the R 67 expressway in Hungary. The EUR 212 million project is being carried out by a consortium in which STRABAG holds 53.2 %. Of the 33 km of expressway between Kaposfüred and Látrány in southwestern Hungary, STRABAG is in charge of the new construction of a 10.3 km section as well as the renovation and widening of a further 10.1 km.

June 26, 2017

EANS-General Meeting: STRABAG SE / Resolutions of the General Meeting

Voting results in accordance with Sec 128 Para 2 of the Austrian Stock Corporation Act (AktG) for the 13th Annual General Meeting held on 23 June 2017 at 10:30 a.m. at Tech Gate Vienna, Room 0.1, Donau-City-Str. 1, 1220 Vienna.

June 23, 2017

Strabag SE closes first quarter 2017 with new record order backlog

Publicly listed construction company STRABAG SE closed the first quarter of 2017 with a new record order backlog and a reduced operating winter loss, which is typical in the construction industry. The earnings before interest, taxes, depreciation and amortisation (EBITDA) improved by 12 %, the earnings before interest and taxes (EBIT) by 2 %.

May 31, 2017

STRABAG SE / Quarterly report according to art. 87 para. 6 Stock Exchange Act

STRABAG SE is declaring the following financial reports below.

May 31, 2017

EANS-General Meeting: STRABAG SE / Invitation to the General Meeting according to art. 107 para. 3 Companies Act

STRABAG SE Villach, FN 88983 h, ISIN AT000000STR1, Notice of Annual General Meeting. We hereby invite our shareholders to the 13th Annual General Meeting of STRABAG SE on Friday, 23 June 2017, at 10:30 a.m., at Tech Gate Vienna, Room 0.1, Donau-City-Str. 1, 1220 Vienna.

May 24, 2017

STRABAG SE / Yearly Report

STRABAG SE is declaring the following financial reports below.

April 27, 2017

Strabag SE posts a record year 2016 (with document)

The publicly listed construction group STRABAG SE posted a record year 2016: The target of an EBIT margin of at least 3 % was surpassed, the order backlog was at a record-high of EUR 14.8 billion at the end of the year. Therefore, the Management Board will propose to the Annual General Meeting in June 2017 a dividend of EUR 0.95 per share - the highest dividend since the IPO in 2007.

April 27, 2017

Strabag modernises Polish railway

The construction group STRABAG, acting as consortium leader, will modernise the 20 km long section of rail between Cracow and Rudzice and expand the suburban railway in Cracow. The PLN 958 million rail construction project, the largest of its kind in Poland, is scheduled for completion in April 2021.

April 19, 2017

Strabag subsidiary Züblin to build Congreshotel & Residential Tower Overhoeks in Amsterdam

Amsterdam is getting an addition to its skyline. In the future, two new high-rise towers will grace the northern waterfront of the river IJ in the Overhoeks neighbourhood of the Dutch capital. The Congreshotel & Residential Tower Overhoeks project comprises a 110 m hotel tower with 579 rooms as well as a 101 m residential tower with more than 230 apartments.

April 11, 2017

Strabag building turnkey luxury apartments in Moscow

The European construction group STRABAG has been hired by AO Don-Stroy Invest - one of Moscow's leading real estate developers for luxury apartments - to build the project "Living on Plushikha". Until completion in mid-2019, STRABAG will build 202 turnkey residential units distributed over eight individual buildings.

March 30, 2017

Strabag building art storage facility in Budapest for over 350,000 works of art

The European construction group STRABAG has been awarded the contract to build an art storage facility as part of the Liget Budapest Project. The complex of five buildings forms part of the National Museum Restoration and Storage Centre (OMRRK). The contract has a value of approximately EUR 39 million.

March 27, 2017

Strabag assumes construction of GKI power plant along the river Inn(with document)

Strabag AG, working in a consortium with two other Austrian construction companies - Jäger Bau GmbH and G. Hinteregger & Söhne Baugesellschaft m.b.H -, assumed the tunnel driving works for the Maria Stein pressure flow tunnel of the Gemeinschaftskraftwerk Inn (GKI) power plant.

February 28, 2017

Strabag to prepare industrial park Nitra in Slovakia for EUR 96 million

A subsidiary of publicly listed construction group STRABAG SE has been awarded another construction contract at the Nitra Industrial Park in western Slovakia from the Slovak business settlement company MH Invest s.r.o. The EUR 96 million order foresees the levelling and conditioning of a 1,795,000 m2 section of the industrial park in preparation for the construction of a Jaguar Land Rover automotive plant. In accordance with the award criteria, the project is being carried out to BREEAM standards.

February 24, 2017

Strabag PFS enters system and development partnership with Microsoft

STRABAG Property and Facility Services (STRABAG PFS) and Microsoft will work together over the next few years to develop industry solutions under the name "Real Estate Services 4.0" for the control, management and operational provision of facility management services.

February 22, 2017

Strabag PFS invests in industrial cleaning start-up

STRABAG Property and Facility Services (STRABAG PFS) is taking a 75 % stake in the Austrian Egger PowAir Cleaning GmbH, Salzburg, as part of a capital increase. The company, which has won several innovation and business awards, was founded in 2014 and currently has 15 employees. It generated sales of EUR 1.2 million in 2016.

February 20, 2017

Strabag SE intends to confirm EBIT margin of at least 3 % as sustainable

The publicly listed European-based technology group for construction services STRABAG SE today announced its first figures for the 2016 financial year and issued an outlook for 2017.

February 15, 2017

Strabag subsidiary to build new Kriegsstraße car tunnel in Karlsruhe

Karlsruher Schieneninfrastruktur-Gesellschaft mbH (KASIG) is putting its trust in the civil engineering competence of Ed. Züblin AG. The STRABAG Group subsidiary is leading a consortium with Schleith GmbH to build the Kriegsstraße car tunnel in Karlsruhe.

December 13, 2016

STRABAG SE / Agreement concluded with Raiffeisen/Uniqa on purchase of all shares of Raiffeisen evolution project development GmbH

The Management Board of STRABAG SE reports that the assignment contract related to the acquisition of all shares of Raiffeisen evolution project development GmbH was concluded today. The transaction will take effect immediately following approval by the competition authorities in Austria and Hungary.

December 2, 2016

Strabag SE on track to reach goal for 2016

After nine months, the publicly listed construction company STRABAG SE is on track to reach its goal for the financial year 2016: "We should be able to reach our target EBIT margin of 3 % in 2016 - even when not taking into account a non- operating profit. So we are confident of being able to hold this level sustainably.

November 30, 2016

STRABAG SE / Quarterly Report

STRABAG SE is declaring the following financial reports below.

November 30, 2016

Strabag subsidiary building East Side Mall shopping centre in Berlin

Luxembourg-based Forum Invest S.a.r.l has commissioned Ed. Züblin AG, the market leader in building construction and civil engineering in Germany, to build the new East Side Mall in Berlin. Forum Invest is represented by Berlin-based project development company FREO Financial & Real Estate Operations GmbH.

November 28, 2016

Strabag wins best bidder contest for widening of A1 motorway in Austria

Austrian construction company STRABAG has been awarded the contract by ASFINAG, the Austrian motorway operator, to widen the A1 motorway to three lanes between Matzleinsdorf and Pöchlarn.

October 6, 2016

STRABAG increases its stake in Raiffeisen evolution to 100 percent

The European-based construction and technology group STRABAG, already a 20 % shareholder of Raiffeisen evolution project development GmbH, is acquiring the remaining 80 % stake in the company previously held by Raiffeisen Group and UNIQA Insurance Group AG. The shareholders today reached a basic agreement on the most important conditions of the share transfer. The transaction is still pending approval by the respective company boards.

September 16, 2016

Strabag awarded rail contract in Hungary

The publicly listed construction company STRABAG will electrify and upgrade the 51 km railway line between Budapest and Esztergom on behalf of one of Hungary's largest state-owned investment companies, NIF (National Infrastructure Development Company). The contract, with a value of approx. EUR 108 million, will be carried out as a joint venture with TRSZ Kft. and MVM OVIT Zrt. - STRABAG holds 51.67 %. Construction will begin this summer and is scheduled for completion in 2018.

September 16, 2016

Large contract for Strabag subsidiary: Expansion of Södertälje Canal

Züblin Scandinavia AB, a Swedish subsidiary of publicly listed construction group STRABAG, has been awarded the contract by the Swedish Maritime Administration Sjöfartsverket to build a new lock and to enlarge the Södertälje Canal - a part of the so-called Mälaren project - located south of Stockholm in Sweden.

September 9, 2016

Strabag SE with better earnings after six months (with document)

Publicly listed construction company STRABAG SE reports about a very positive development in the first six months of 2016.

August 31, 2016