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21. April 2018

EANS-News: Strabag building two more sections of S7 in Poland for around € 200 million

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

Warsaw – Two subsidiaries of publicly listed European construction group STRABAG SE have been awarded the contract in Poland to design and build two sections of the S7 expressway north of Warsaw. The two orders have a total value of PLN 828 million, which is equivalent to approx. EUR 198 million. The project is scheduled for completion after a construction time of 34 months.

„Last year, we already handed over five sections of the S7 to our client, Poland’s General Directorate for National Roads and Motorways. We are delighted to be able to continue to work on this project to link up northern and southern Poland,“ says Thomas Birtel, CEO of STRABAG SE.

One section leads from Strzegowo to Pienki and is 22 km long, the second section has a length of 14 km and leads from Pienki on to Plonsk. The S7 is being built as a four-lane facility. The contract also includes the construction of several junctions and rest areas as well as the illumination and drainage systems.

end of announcement euro adhoc

Attachments with Announcement:

issuer: STRABAG SE
Donau-City-Straße 9
A-1220 Wien
phone: +43 1 22422 -0
FAX: +43 1 22422 – 1177
ISIN: AT000000STR1, AT0000A05HY9
indexes: ATX, SATX, WBI
stockmarkets: Wien
language: English

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