Large-scale order for STRABAG subsidiary Kirchhoff: A-model A5 in Germany
Contact
Diana Klein
Corporate Communications
Telephone +43 1 22422-1116
diana.klein(at)strabag.com
 
  • Construction of a 60 km section of A5 motorway with six lanes between Baden-Baden and Offenburg
  • Total investment volume of € 660 million, construction volume € 343 million (41 % Kirchhoff share)
  • Duration of concession 30 years
 
Vienna, 6.4.2009 The concession company Via Solution Südwest GmbH & Co. KG, which was solely established for this project and in which STRABAG subsidiary Kirchhoff takes part, signed a concession contract for the construction of a 60 km section of A5 motorway between Baden-Baden and Offenburg, Germany.

The scope of this Public-Private-Partnership (PPP) model comprises the planning, financing, expansion, operation as well as maintenance of the six-lane-motorway for a period of 30 years by Via Solution Südwest GmbH & Co. KG. The concession company will be rewarded with the truck toll income of this section.

Total investment volume amounts to approx. € 660 million and construction volume to € 343 million. Kirchhoff’s share in the concession company is 12.5 % and in the construction activities 41 %. Construction is supposed to start immediately and is scheduled to be completed within five years.

STRABAG SE, Central and Eastern Europe’s largest construction company, had acquired a majority stake in F. Kirchhoff AG, the leading transportation infrastructures construction company in the German state Baden-Württemberg, in March 2008. Hans Peter Haselsteiner, CEO of STRABAG SE: “The decision to acquire Kirchhoff proved to be beneficial. It supports two of our main goals, namely securing access to new materials and increasing our activities in concession projects.”
STRABAG SE is one of Europe’s leading construction groups. With more than 73,000 employees, STRABAG posted an output volume of € 13.7 billion for the 2008 financial year. From its core markets of Austria and Germany, STRABAG is present via its numerous subsidiaries in all countries of Eastern and South-East Europe, in selected markets in Western Europe and on the Arabian Peninsula. STRABAG’s activities span the entire construction industry (Building Construction and Civil Engineering, Transportation Infrastructures, Tunnelling) and cover the entire value-added chain in the field of construction. More information is available at www.strabag.com.