STRABAG selected to build 202 turnkey luxury residential units in Moscow

Image Credits: AO Don-Stroy Invest

• 202 residential units in the centre of Moscow
• Scheduled completion in mid-2019

MOSCOW, 31-Mar-2017 — /EuropaWire/ — The European construction group STRABAG has been hired by AO Don-Stroy Invest – one of Moscow’s leading real estate developers for luxury apartments – to build the project “Living on Plushikha”. Until completion in mid-2019, STRABAG will build 202 turnkey residential units distributed over eight individual buildings. The construction volume amounts to a double-digit million Euro amount. The contract also comprises an entrance hall, administration rooms, a fitness studio, an underground car park, a café and a cafeteria.

“The residential complex is located in an attractive, historic district in the centre of Moscow near the New Maidens’ Monastery. This project is our first time working together with Don-Stroy Invest and we would like to lay the foundation for a good future partnership,” says Thomas Birtel, CEO of STRABAG SE.

The apartments cover a variety of different needs. The spectrum ranges from one-room apartments measuring 66 m² in size to seven-room apartments with 333 m² of space. The residential complex will also incorporate a four-storey fitness studio as well as an underground car park. The spacious inner courtyard will feature quiet zones as well as children’s playgrounds.

STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our services span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by our specialised entities integrating the most diverse services and assuming responsibility for them. We bring together people, materials and machinery at the right place and at the right time in order to realise even complex construction projects – on schedule, of the highest quality and at the best price. The hard work and dedication of our close to 72,000 employees allow us to generate an annual output volume of about € 14 billion. At the same time, a dense network of numerous subsidiaries in many European countries and on other continents is helping to expand our area of operation far beyond the borders of Austria and Germany. More information is available at www.strabag.com

The STRABAG Group has been doing business in Russia since 1991. In 2016, the company’s approximately 1,150 Russian employees generated an output volume of nearly € 140 million. More information about STRABAG in Russia is available at www.ru.strabag.com

SOURCE: STRABAG SE

CONTACT
Diana Neumüller-Klein, CFA
Head of Corporate Communications
Spokeswoman
STRABAG SEDonau-City-Str. 9
1220 Vienna
Austria
Tel. +43 1 22422-1116
Fax +43 1 22422-1177
diana.klein@strabag.com