EANS-News: Strabag consortium wins € 246 million infrastructure contract in Hungary - ATTACHMENT CNE

Monday, 11. January 2021 09:11
  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
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Government Contracts

Vienna/Budapest - The Hungarian subsidiary of European-based construction group
STRABAG has been awarded a new infrastructure contract in Hungary with a volume
of EUR 245.58 million (HUF 90.45 billion). The S-D 2020 M6 consortium,
consisting of STRABAG Építo Kft. (50.12 %) and Duna Aszfalt Zrt., will complete
the 20 km gap of the M6 motorway between Bóly and Ivándárda on the Croatian
border. The project is scheduled to be completed within 36 months.

"Closing this gap creates a new border crossing with Croatia as part of the
Hungarian motorway network. This will significantly reduce the travel time for
international passenger and road freight traffic," says Thomas Birtel, CEO of

High-level corridor to the Adriatic Sea

The project entails the construction of three junctions, 16 bridges and a
service area as well as a turnkey motorway maintenance facility with office
buildings, weighbridge and filling station. As part of Pan-European transport
corridor Vc, the M6 motorway represents a high-level connection to the Adriatic
Sea from Budapest via Osijek and Sarajevo to the Croatian port city of Ploce.
STRABAG had already completed a section of the M6 between Szekszárd and Bóly and
of the M60 between Bóly and Pécs in 2010.

Further inquiry note:
Marianne Jakl
Interim Head of Corporate Communications & Investor Relations
Tel. +43 1 22422-1174

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
mail:         investor.relations@strabag.com
WWW:          www.strabag.com
ISIN:         AT000000STR1, AT0000A05HY9
indexes:      ATX, SATX, WBI
stockmarkets: Wien
language:     English

EAX0002    2021-01-11/09:11

Related Links: STRABAG SE
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