Strabag secures US$2.23billion Italian motorway build project

The US$2.23billion (€1.7billion) contract to build the Pedemontana Lombarda motorway in northern Italy has been won by the Strabag consortium.
March 14, 2012 Read time: 2 mins
RSSThe US$2.23billion (€1.7billion) contract to build the Pedemontana Lombarda motorway in northern Italy has been won by the 945 Strabag consortium.

The new motorway in the heart of Lombardy’s economic zone will connect the city of Bergamo in northern Italy with Milan’s Malpensa Airport, strengthening northern Italy’s East-West link, relieving the local roads in the north of Milan and providing a boost to the local industry. Set to begin this summer and conclude in time for the 2015 Milan Universal Exposition, the order includes the construction of a 52km dual carriageway motorway with two or three lanes in each direction as well as 50km of spurs and connecting routes to the existing road network. It also comprises 50 cut-and-cover tunnels, two bored tunnels including the technical facilities, three bridges covering a total length of 3km, and a near 80km bicycle trail. Strabag, a leading central and eastern European construction company with its headquarters in Vienna, Austria, hold 60 % of the consortium, with the remaining amount divided between Italian companies 3869 Grandi Lavori Fincosit (26%) and 3873 Impresa Costruzioni Giuseppe Maltauro (14%).

Meanwhile, new figures released by Strabag showed its output volume rose by 12% to $18.79billion (€14.3billion)in the 2011 financial year, compared to $16.82billion (€12.8billion) in 2010. The company said the growth was due to strong demand in the German building construction and civil engineering sectors, and the “booming” Polish construction sector fuelled by investment in transport infrastructure.

Road Structures

For more information on companies in this article

Related Content

  • Austrian contractor Strabag reports good results
    February 14, 2013
    Austrian firm Strabag claims to be Central and Eastern Europe’s largest construction company and has announced steady financial performance for 2012. “At €14 billion, our output volume has remained stable versus the €14.3 billion in the previous year: In Poland, we have registered declines due to the end of the construction boom, which, however, we were able to compensate with growth in Germany and transportation infrastructures projects in Romania. Germany is currently a successful market for us, also as r
    Read More
  • Danish PPP landmark move
    July 5, 2012
    Denmark is making a landmark move in the highway building sector by setting up its first public-private partnership (PPP) contract. The deal is for the construction and operation of a 26km highway linking Sønderborg and Kliplev and is worth €148 million. The 26-year contract includes building the M51 and building seven junctions and 18km of secondary roads. The Kliplev Motorway Group (KMG) consortium will build the link and is led by Vienna, Austria-based Strabag, which will participate in the project throu
    Read More
  • Herrenknecht's record-breaker
    February 13, 2012
    A Herrenknecht S-574 Earth Pressure Balance Shield is being used on a major highway project in Italy.
    Read More
  • Polish tunnel project receiving bids
    September 15, 2017
    Bids are now being received for an important tunnel project in northern Poland. The country’s General Directorate for National Roads and Motorways (GDDKiA) has had four offers worth between €194 million and €259 million for the construction of the tunnel. The new link is planned to be built in Swinoujscie and will run under the Swina River to Uznam Island with Wolin Island.
    Read More

Highlighted Content