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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