Strabag to build Cracow’s tallest high-rise tower

Published: August 10, 2017; 08:48 · (FriedlNews)

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.

Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

* Unity Tower in central Cracow to be 102.5 m tall
* Part of five-building ensemble Unity Centre
* Contract value: approx. € 89 Mio. (PLN 380 million)

Contracts

Vienna/Cracow - 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. "With the construction of the Unity Centre, this abandoned
building, which has stood unfinished in central Cracow since 1979, will finally
be resurrected. At a height of 102.5 m, the Unity Tower will also be the city's
tallest tower," explains Thomas Birtel, CEO of STRABAG SE.

Another unique feature of the Unity Tower will be Cracow's highest viewing
platform, the so-called Unity Eye. The project, which was commissioned by
investor TREIMORFA Project Sp. z o.o., has a volume of about EUR 89 million.

Design-and-build contract

STRABAG will not only revitalise the existing building and construct four
additional ones (with up to nine storeys), but will also provide the technical
infrastructure. The construction design was prepared in 4D: The 3D model was
expanded through the addition of a temporal component so that the progress of
construction could be simulated in the model at any time. The project is
scheduled for completion in mid-2021.

Further inquiry note:
STRABAG SE
Diana Neumüller-Klein

Head of Corporate Communications & Investor Relations

Tel: +43 1 22422-1116 diana.klein@strabag.com

end of announcement euro adhoc
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Attachments with Announcement:

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http://resources.euroadhoc.com/documents/2246/5/10037941/1/STRABAG_Unity_Tower_PL_e.pdf

issuer: 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
ISIN: AT000000STR1, AT0000A05HY9
indexes: WBI, ATX, SATX
stockmarkets: Wien
language: English

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

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