STRABAG AG to modernise 42.2 km long railway section between Vintu de Jos and Simeria in western Romania

• 42.2 km section between Vințu de Jos and Simeria in western Romania
• Contract value of € 317 million; STRABAG’s share about € 66 million
• Construction time of 30 months

Vienna, Austria, 10-12-2013 — /EuropaWire/ — As part of a consortium, STRABAG AG, a subsidiary of Austrian publicly listed construction group STRABAG SE, has been awarded the contract to modernise the 42.2 km long railway section between Vințu de Jos and Simeria in western Romania near the city of Sibiu. The contract value amounts to € 317 million, of which STRABAG will carry out works with a volume of at least € 66 million in the area of track construction, civil engineering, earth works and road construction.

“The current line, although dual-track and electrified, is in a poor state. The speed of 90-120 km/h is to be raised to 160 km/h after completion of the construction works,” explains Thomas Birtel, CEO of STRABAG SE.

The modernisation works comprise the renovation of the railway section, including five stations located outside of the densely populated residential areas, the rerouting of the track, the tunnelling and bridge building as well as the track bed structure. In total, more than 100 km of track will be laid. Construction is to begin in the spring of 2014 and is scheduled to last 30 months. Client is the Romanian state railway company CFR SA.

The corporate group of STRABAG SE is one of the leading European construction groups. Specialised group companies, operating under a number of different brands such as STRABAG and Züblin, provide their services in all fields of the construction industry covering the entire construction value chain. Thanks to the hard work and dedication of its approximately 74,000 employees, STRABAG SE generates an output of about € 14 billion. At the same time, a dense network of numerous subsidiaries in Eastern and South-East Europe, in selected markets of Western Europe and, increasingly, on other continents is helping to expand the area of operation of STRABAG SE far beyond the borders of Austria and Germany. The group’s proprietary raw materials basis and steady knowledge transfer ensure the highest quality construction at the best price – all around the world. More information is available at www.strabag.com.

CONTACT

Diana Neumüller-Klein, CFA
Head of Corporate Communications
Spokeswoman
STRABAG SEDonau-City-Straße 9
1220 Vienna
Austria
Tel. +43 1 22 422-1116
Fax +43 1 22 422-1177
diana.klein@strabag.com

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STRABAG AG to modernise 42.2 km long railway section between Vințu de Jos and Simeria in western Romania