Austrian company to build Irish motorway

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Finance

An Austrian company is part of a group that has taken on the task of constructing and running part of an Irish motorway. Strabag SE, a technology company that provides construction services, is part of the DirectRoute consortium who won the contract for the construction job, they announced on Monday. The Vienna-based company has a […]

Sold: Company where 155 died

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Business

Electricity provider Verbund has sold its share in the Gletscherbahn Kaprun that was responsible for the worst winter sports tragedy in Austrian history when 155 people died. The Gletscherbahn Kaprun disaster was a fire that occurred in an ascending railway car in the tunnel of the Gletscherbahn 2 railway on 11 November 2000. The disaster […]

Strabag seals Polish bridge deal

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Business

A consortium of three Strabag SE subsidiaries has been contracted to build a bridge in a city in northern Poland, it was announced today (Mon).Strabag said the consortium – which features Strabag Sp.z o.o. Poland, Strabag AG Austria and Hermann Kirchner Polska Sp. z o.o. will build a bridge in Torun worth 139 million Euros.The […]

Strabag shops mall order in Sweden

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Business

Austrian construction top dog Strabag SE has been contracted to expand and renovate a shopping centre in Sweden.The Vienna-headquartered company announced today (Fri) it will enlarge the Täby Centrum in Stockholm from its current 50,000 square metres to an overall 80,000 square metres. Strabag added the size of the mall’s car park will be upped […]

Strabag bags another Abu Dhabi order

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Business

Austrian construction top dog Strabag SE has won a second major assignment in Abu Dhabi within two months, it has been revealed.Company CEO Hans Peter Haselsteiner announced today (Weds) Strabag’s German subsidiary Züblin held 47.5 per cent of the assigned consortium, adding that the port construction project had a value of 105 million Euros.The new […]

Strabag rivals back out of Romanian assignment

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Business

A controversial motorway tender deal in Romania that was bitterly contested by Austrian firm Strabag has collapsed after the winning French-Greek consortium pulled out of the deal.Romanian Times reports today (Thurs) that a consortium of French construction group Vinci and Greek builder Aktor withdrew from the 4.8-billion-Euro deal.The deal involved building of a 58-kilometre motorway […]