EANS-News: Strabag modernising railway line in the south of the Czech Republic

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

Company Information

Prague - STRABAG Rail a.s., a subsidiary of the publicly listed construction group STRABAG SE, has been awarded the contract to modernise the 11.3 km railway section between Sobeslav and Doubí on behalf of the Czech national railway infrastructure administration SZDC. The contract value amounts to CZK 3.86 billion (~ EUR 150 million). Work will begin in September 2019 and will last 46 months.

The contract was awarded to a consortium consisting of STRABAG Rail a.s., EUROVIA CS a.s. and Metrostav a.s. The share attributable to consortium leader STRABAG Rail a.s. amounts to 53.21 %.

"We are very pleased to be able to report of our second major order in the Czech Republic this year following the construction of a section of the D35 motorway," says Thomas Birtel, CEO of STRABAG SE.

The work on the Sobeslav-Doubí section comprises the completion of the 11.3 km long double-track line, the connection of the constructed section to the Sobeslav railway station and the erection of seven bridge structures - including two viaducts with a total length of 1,095 m. The Zverotický Tunnel with a length of 370 m, a telecommunications system and noise barriers with a total length of 1.6 km will also be completed. The construction of new station platforms and the dismantling of the original single-track line also form part of the contract.

end of announcement euro adhoc

Attachments with Announcement:
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http://resources.euroadhoc.com/documents/2246/5/10327073/1/STRABAG_Rail_Modernisierung_Jul19_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: ATX, WBI, SATX
stockmarkets: Wien
language: English

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

Rückfragen & Kontakt:

STRABAG SE
Tanja Förster
Corporate Communications & Investor Relations
Tel: +43 1 22422-1630
tanja.foerster@strabag.com

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