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20. März 2018

EANS-News: Strabag building section of M85 expressway in Hungary for € 167 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

Budapest – The European construction group STRABAG SE has started work on the 20.5 km long section of the M85 expressway between Csorna and Sopron in Hungary. The contract has a value of HUF 51.9 billion, which corresponds to about EUR 167 million. The section is scheduled for completion after a period of 36 months.

The new extension of the M85 expressway between Csorna and Sopron covers four separate sections. The stretch between Csorna and Fertod-Endrédmajor is being built by STR-B M85, a consortium made up of one Austrian and one Hungarian STRABAG subsidiary together with Belfry PE Kft. The works comprise two lanes in each direction as well as 18 bridges.

„The further expansion of the M85 will shorten the travel time between Gyor and Sopron. We are pleased to be able to follow up the works on the Csorna bypass last year by participating in this new project,“ says Thomas Birtel, CEO of STRABAG SE.

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: WBI, ATX, SATX
stockmarkets: Wien
language: English

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