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
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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.
Austrian contractor STRABAG reports healthy earnings before interest and taxes (EBIT) of €207 million in 2012. This figure beats the firm’s own expectations and the expectations of the market. Net income after minorities stood at €61 million, showing an expected considerable decrease of 66.67% compared to the year before. “An output volume of €14 billion in 2012 – that’s nothing to complain about. With €13.2 billion, the end-of-the-year order backlog is also nearly exactly at the pre-crisis level of 2008, s
Highway’s technology and surveying company Yotta DCL has won a contract to provide surveys for Carillion on the M40 between southern England and the West Midlands worth €433,641 (£375,000). Yotta DCL were awarded the five-year contract after being shortlisted through an e-auction, which sees vetted survey providers bid against each other for the survey work. Carillion holds the Operation and Maintenance agreement with UK Highways, which is the M40 DBFO (design, build, finance and operate) company. Yotta DC
