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

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

Further inquiry note:
STRABAG SE
Marianne Jakl
Interim Head of Corporate Communications & Investor Relations
Tel. +43 1 22422-1174
[email protected]

end of announcement euro adhoc
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Attachments with Announcement:
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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: [email protected]
WWW: www.strabag.com
ISIN: AT000000STR1, AT0000A05HY9
indexes: ATX, WBI, SATX
stockmarkets: Wien
language: English

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

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