EANS-News: Strabag to build Cracow’s tallest high-rise tower

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

  • Unity Tower in central Cracow to be 102.5 m tall
  • Part of five-building ensemble Unity Centre
  • Contract value: approx. € 89 Mio. (PLN 380 million)

Contracts

Vienna/Cracow - The European-based construction group STRABAG has been hired to build a five-building business centre in the Polish city of Cracow. Currently an unfinished high-rise building stands at the prominent location in the centre of the city. "With the construction of the Unity Centre, this abandoned building, which has stood unfinished in central Cracow since 1979, will finally be resurrected. At a height of 102.5 m, the Unity Tower will also be the city's tallest tower," explains Thomas Birtel, CEO of STRABAG SE.

Another unique feature of the Unity Tower will be Cracow's highest viewing platform, the so-called Unity Eye. The project, which was commissioned by investor TREIMORFA Project Sp. z o.o., has a volume of about EUR 89 million.

Design-and-build contract

STRABAG will not only revitalise the existing building and construct four additional ones (with up to nine storeys), but will also provide the technical infrastructure. The construction design was prepared in 4D: The 3D model was expanded through the addition of a temporal component so that the progress of construction could be simulated in the model at any time. The project is scheduled for completion in mid-2021.

end of announcement euro adhoc

Attachments with Announcement:

----------------------------------------------
http://resources.euroadhoc.com/documents/2246/5/10037941/1/STRABAG_Unity_Tower_PL_e.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: WBI, ATX, SATX stockmarkets: Wien language: English

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

Rückfragen & Kontakt:

STRABAG SE
Diana Neumüller-Klein

Head of Corporate Communications & Investor Relations

Tel: +43 1 22422-1116 diana.klein@strabag.com

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | CNE0002