The Austrian group Strabag has been awarded a two-year contract worth €34.6mn for the modernisation of a 48km stretch of the national road M2 in the Republic of Moldova. The upgrade route runs between Ghindesti and Drochia.
July 20, 2012
Read time: 1 min
The Austrian group 945 Strabag has been awarded a two-year contract worth €34.6mn for the modernisation of a 48km stretch of the national road M2 in the Republic of Moldova. The upgrade route runs between Ghindesti and Drochia.
Costa Rica is moving ahead with a series of major road projects, but progress is proving slower than anticipated or desired. The Costa Rica Government is struggling to achieve satisfactory progress with its overall road improvement programme. So far the key focus has been on maintaining existing links rather than building and improving road connections. The country’s National Laboratory for Structural Material and Models (Lanamme) has produced a report revealing that 85% of the national roads are in accepta
Strabag - in a bullish mood - has adjusted upwards its 2019 outlook as it publishes its nine-month figures for 2018.
We now expect the output volume to clearly exceed €15 billion and the operating EBIT margin to attain at least last year’s level of 3.3%. These forecasts lead us to anticipate another record year,” said Thomas Birtel, chief executive Strabag.
Output volume was just over €11.6 billion in the first nine months of the 2018 financial year. The company statement said that this upwards moveme
