Press Releases 2007
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06.12.2007
STRABAG SE, Basic Element and DCH join efforts to develop Ukrainian infrastructure
Articles of association for new holding STRABAG.UKRAINE signed
Equal stakes for all three companies
30.11.2007
STRABAG SE posts strong increase in earnings in 9M 2007 as well as in Q3
Profitable growth: output volume in the first nine months of 2007 rose +5 %, EBIT +28 %
Order backlog above € 10.8 billion - Russia’s share already at 11 %, plus of € 300 million to € 1,180 million.
Outlook 2007: modest growth of construction output to nearly € 11 billion, expectation of improved earnings
27.11.2007
STRABAG intensifies toll activities in Russia
Cooperation agreement signed with Satellic and Siemens to jointly exploit the Russian market
Concentration of know-how at all levels of toll collecting
23.11.2007
STRABAG Group builds two steelworks in Russia
Steelworks Tjumen, contract value € 150m
Steelworks Vyksa, contract value € 334m
20.11.2007
STRABAG AG, Cologne, expands its position in Northern Germany
STRABAG AG, Cologne, acquires Claus Alpen bmH
Subject to approval of antitrust authority
16.11.2007
STRABAG and City of Krakow seal collaboration
Signing of collaboration agreement between City of Krakow and STRABAG SE
Planned investments of € 1bn by 2012 in Krakow construction projects
15.11.2007
STRABAG SE: Standard & Poor`s raised rating to BBB-
Outlook “stable”
Raise caused by continuous good operating performance despite rapid growth
13.11.2007
STRABAG landed billion-Euro-project M6 in Hungary
Construction of 78km section of highway M6 from Szekszard to Pecs
STRABAG leads consortium “Mecsek Autopalya” – Total project volume € 1.048bn
25.10.2007
STRABAG SE IPO: Greenshoe option for 3.000.000 new shares exercised
Taking account of the exercise of the over-allotment-option, the gross proceeds from the IPO amount to EUR 1.325 billion
18.10.2007
Austria’s largest IPO to date closed successfully - STRABAG SE IPO: Offering price fixed at EUR 47 - Offering volume of approx. EUR 1.325 bn subscribed
28,200,001 shares (including Green Shoe option of 3,000,000 shares) allotted
Offering volume of approx. EUR 1.325 bn tenfold subscribed
Demand of around 100,000 private shareholders mean new record in retail
First day of trading 19 October 2007
08.10.2007
STRABAG SE launches Initial Public Offering - Austrian financial regulator approves STRABAG SE prospectus
STRABAG SE to offer up to 28,200,001 ordinary no par value bearer shares for sale from 8 October 2007, consisting of up to 16,000,000 new ordinary no par value bearer shares from a capital increase, up to 9,200,001 ordinary no par value bearer shares from holdings of the existing shareholders and a greenshoe of up to 3,000,000 new shares
04.10.2007
STRABAG to establish joint venture with BaselCement
BaselCement is part of the construction and materials division of the Russian investment holding Basic Element
11.09.2007
STRABAG takes over majority of soil and hydraulic engineering specialist
Construction firm Möbius employs some 500 people and generates approx. € 150 million in revenue - With Möbius, STRABAG takes a further step towards becoming an all-in-one provider in the field of transport route construction
06.09.2007
STRABAG enters road construction market in qatar
Entry into market in Qatar with two major projects worth a total of over € 79 million - Doubling of 2007 construction volume expected in the Middle East region
21.08.2007
Slovak STRABAG subsidiary Zipp wins tender for EUROVEA mega-project
Zipp, Strabag’s subsidiary in Slovakia, wins tender in bidding consortium with PORR. EUROVEA, with a total value of over 300 million euros, is the largest building construction project in Slovakia to date
20.08.2007
Cartel authorities give green light for Deripaska as new shareholder
Rasperia Trading Ltd. confirmed as shareholder of STRABAG SE
11.07.2007
STRABAG consolidates leading position in Croatian road construction segment
STRABAG acquires 75% of largest road construction company in eastern Croatia
18.06.2007
Successful issue of STRABAG corporate bond
Bond already oversubscribed threefold during book-building phase
23.05.2007
STRABAG signs mega-projects during Putin visit
Orders in Russia up from EUR 1 billion to EUR 3 billion
22.05.2007
STRABAG subsidiary mandated to build Opernturm high-rise in Frankfurt
Ed. Züblin AG receives contract worth EUR 230 million - construction of mega-project set to start in the summer of 2007
25.04.2007
STRABAG presents new, third core shareholder
The shareholders of STRABAG SE have agreed to give Basic Element 30% of the group’s share capital
25.04.2007
STRABAG presents record results for 2006
Construction output volume breaks EUR 10 billion mark / Record project volume guarantees continued growth in all segments / Above-average profit growth / EBITDA up two-thirds / EBIT doubles / Optimistic outlook for 2007
19.04.2007
Record year for STRABAG in Germany
Best year in terms of construction output volume and profit
03.04.2007
Deutsche Bank and STRABAG create joint venture to develop major real estate & infrastructural projects in Russia & CIS
The JV partners will leverage their vast experience in the field of financing, construction and real estate development
09.03.2007
STRABAG highway toll project is the European PPP-Deal of the Year
Construction project volume EUR 361 Mil. – Duration of grant: 35 years – STRABAG takes top position in one of the largest infrastructure markets in Europe
09.03.2007
STRABAG wins bid for the Erstfeld section of the Gotthard-Tunnel
STRABAG reaches a total volume of 700 million Euro in the largest tunnel in the world
15.01.2007
STRABAG awarded further contract for extension of Delhi Metro in India
3.2 km tunnel – two underground stations – estimated contract value of EUR 82.6 million
03.01.2007
STRABAG buys the 4th largest road constructor in Poland, thus decidedly expanding its position as market leader
Market shakeout on the advance in Eastern European markets / Poland as a dynamic location for infrastructure investment in Europe