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 Austrias 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 […]
Construction industry giant Strabag SE has acquired a German hydraulic engineering expert.The Vienna-based firm said yesterday (Weds) it fully took over Ludwig Voss GmbH retroactively on 1 January 2011, adding that it was awaiting the green light from competition watchdogs. Strabag did not disclose the takeover price.Ludwig Voss is a family business specialised in water […]
Strabag SE chief Hans Peter Haselsteiner is optimistic despite a decline in building activity.Haselsteiner said today (Mon) that his Vienna-based construction company carried out assignments worth 12.78 billion Euros last year, down by 1.9 per cent compared to 2009.He said: “We will be able to increase our performance by five per cent to 13.5 billion […]
Building business top dog Strabag SE has ended its participation in Viennese real estate company Conwert Immobilien Invest SE (Conwert).Strabag, which is Austrias leading construction company, announced yesterday (Tues) that it has sold all of its 2.053 million Conwert share certificates.Conwert focuses on the acquisition and development of exclusive apartments in cities across Austria, Germany, […]
A leading Austrian building firms German branch has won a 82-million-Euro assignment in the United Arab Emirates (UAE).Alpine Bau GmbH (Alpine) said today (Mon) that its German representation Alpine Bau Deutschland AG will build office buildings, storage sites and production facilities in Abu Dhabi for Borouge, which is a joint venture between the Abu Dhabi […]
An Upper Austrian company has been assigned to build what will be the biggest building in Minsk, it emerged today (Weds).Habau Hoch- und Tiefbaugesellschaft m.b.H. (Habau) confirmed reports claiming it had been contracted to construct the 170-metre Minsk Tower.The company, which is based in the town of Perg, explained it planned to have started the […]
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 […]
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 malls car park will be upped […]
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) Strabags 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 boss Hans Peter Haselsteiners ambitious bid to break the Austrian Railways (ÖBB) monopoly will start next year.The construction business entrepreneur announced today (Thurs) that his private Westbahn railway service between Vienna and Salzburg was set to operate from December 2011.Haselsteiner whose firm Strabag is one of the biggest players in European construction industry […]