EANS-News: Strabag upgrading last single-track section of railway along the TEN-T network in Hungary

37

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

Government Contracts

Vienna/Budapest – The publicly listed STRABAG SE Group has been awarded the contract to upgrade a 30 km section of railway in south-eastern Hungary via its Hungarian railway construction subsidiary STRABAG Rail Kft. The contract, which is worth a total of EUR 364 million, will be executed in a consortium with a Hungarian partner (STRABAG share: 66 %). With the official signing last week started the financing phase. It will be followed by a 33 month long construction phase.
„The dual-track upgrade of this section of railway from Békéscsaba station to the national border will help to modernise an important link along the Trans-European Network. This improves the connection between internal markets and the Black Sea ports,“ says Thomas Birtel, CEO of STRABAG SE.

Everything from a single source: railway construction, building construction, road construction

STRABAG is contributing the entire range of the group‘ services to this infrastructure project. In addition to the track construction work, the contract also includes the overhead lines, the safety and signalling systems, the modification of three stations, including park and ride facilities, as well as road construction and civil engineering works. The stations Kétegyháza and Lökösháza will also be adapted to be barrier-free.

end of announcement euro adhoc

Attachments with Announcement:
———————————————-
http://resources.euroadhoc.com/documents/2246/5/10744019/1/EN_STRABAG_Bahnstrecke_HU_Jun2021.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: ATX, WBI, SATX
stockmarkets: Wien
language: English

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

STRABAG SE
Marianne Jakl
Interim Head of Corporate Communications & Investor Relations
Tel. +43 1 22422-1174
marianne.jakl@strabag.com

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
© Copyright APA-OTS Originaltext-Service GmbH und der jeweilige Aussender

Weiterlesen..