Strabag bags record order in Romania

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Business

Strabag SE has said it hopes to win more Romanian roadwork assignments after being engaged to build a motorway for more than 160 million Euros.The Viennese company announced today (Weds) it saw good chances to get further orders in the Eastern European (EE) country after agreeing about the construction of a 24-kilometre (km) stretch in […]

Booming Poland boosts Strabag

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Business

Strabag SE has said it is “cautiously optimistic” for the remainder of this year due to a “construction boom” in Poland.The Vienna-based company – Austria’s leading building firm – announced today (Thurs) it expected to benefit from the strong economy in Poland and positive developments in Germany.Strabag explained it experienced a strong increase of assignments […]

WIFO warns building firms of a tough time

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Business

Austrian construction companies are in for a difficult year, a leading think tank has warned.The Institute for Economic Research (WIFO) announced today (Fri) that it expected investments in the domestic building sector to grow by just 0.7 per cent year on year. The think tank pointed out that the Austrian gross domestic product (GDP) was […]