EANS-News: Strabag modernising railway line in the north of the Czech Republic - ATTACHMENT CNE

8/26/2019, 9:06 AM (Source: euro adhoc)

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Company Information

Prague - STRABAG Rail a.s., a subsidiary of the publicly listed construction
group STRABAG SE, has been awarded the contract to modernise an approximately 12
km railway section between Oldrichov u Duchcova and Bílina in the north of the
Czech Republic. The contract has a total value of CZK 1.91 billion (~ EUR 74
million). The construction works are scheduled for completion in the spring of
2021.

The contract was awarded to a consortium consisting of STRABAG Rail a.s., OHL
ZS, a.s. and MONZAS, spol. s r.o. The share attributable to consortium leader
STRABAG Rail a.s. amounts to 73 %.

"The Czech Republic is one of our home markets where we have been the market
leader for years. We are proud to have already received the second major order
to modernise the Czech rail network this year," says Thomas Birtel, CEO of
STRABAG SE.

The modernisation works are designed to increase the maximum possible speed and
safety on the line. The works involve the relocation of station platforms, the
upgrading of communications and safety systems along with the associated
equipment, and the establishment of barrier-free access to the modernised stops
and stations.

Further inquiry note:
STRABAG SE
Diana Neumüller-Klein
Head of Corporate Communications & Investor Relations
Tel:   +43 1 22422-1116
diana.klein@strabag.com

end of announcement                         euro adhoc
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Attachments with Announcement:
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http://resources.euroadhoc.com/documents/2246/5/10347356/1/STRABAG_Rail_Modernisierung_Aug19_e.pdf

issuer:       STRABAG SE
              Donau-City-Straße  9
              A-1220 Wien
phone:        +43 1 22422 -0
FAX:          +43 1 22422 - 1177
mail:         investor.relations@strabag.com
WWW:          www.strabag.com
ISIN:         AT000000STR1, AT0000A05HY9
indexes:      WBI, ATX, SATX
stockmarkets: Wien
language:     English

EAX0001    2019-08-26/09:06

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