Strabag modernises Polish railway

Published: April 19, 2017; 14:18 · (FriedlNews)

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.

 

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Company Information

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. The project
is being carried out in consortium with Krakowskie Zak?ady Automatyki S.A.
STRABAG's share of the contract amounts to 80 % or about EUR 180 million net.

"We will not only build, but also design, this infrastructure project. In this
way, we can fully bring our expertise into this EU Connecting Europe Facility-
funded project. We are well prepared - after all, we have been realising
important infrastructure projects in Poland for 30 years. This is the fifth
project in this year alone that we have signed as part of the country's rail
modernisation programme," says Thomas Birtel, CEO of STRABAG SE.

New track and bridges over the river Vistula One part of the contract foresees
the construction of a new metropolitan rail line to serve Cracow's suburbs.
This will require new track and stations to be built and existing ones to be
modernised. A total of 55 bridges are to be erected, including two rail bridges
over the river Vistula with a length of 234 m and 227 m.

The contract also includes the renewal of the 20 km long rail lines 133 and 91
between Cracow's main freight station Kraków Glówny Towarowy and Rudzice. Among
others, the overhead lines, switches and signalling control systems will be
exchanged. The project will shorten travel times and so contribute to improving
passenger comfort.

Further inquiry note:
STRABAG SE
Diana Neumüller-Klein
Head of Corporate Communications
Tel: +43 1 22422-1116
diana.klein@strabag.com
end of announcement euro adhoc

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http://resources.euroadhoc.com/us/31kzoqBN
http://resources.euroadhoc.com/us/GO48M5Sc

company: STRABAG SE
Donau-City-Straße 9
A-1220 Wien
phone: +43 1 22422 -0
FAX: +43 1 22422 - 1177

mail: investor.relations@strabag.com

WWW: www.strabag.com
sector: Construction & Property
ISIN: AT000000STR1, AT0000A05HY9
indexes: WBI, ATX Prime, ATX, SATX
stockmarkets: official market: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/4106/aom

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