“Multinationals are increasingly perceiving Romania as an appealing place to do business in. Also, both elections and the increased use of EU funds should drive the civil engineering market up by 7.1% in 2014,” reads the 2013 report of the Austrian group.
Strabag was in 2013 the biggest builder in Romania by revenue, taking into account companies that have so far reported 2013 financial figures.
While it also carries out a series of private projects, the largest part of works Strabag executes in Romania are linked to infrastructure.
In 2011, Strabag won the first rail rehabilitation contract, worth above EUR317 million together with other companies. One of the latest extensive contracts won by the Austrian company is the construction of the scientific research center of Magurele.
Also, Strabag is part, together with French Vinci and Greek Aktor, of the consortium appointed to build under concession the Comarnic-Brasov highway. For the time being, the concession contract has not been signed and the banks funding the project are still analyzing the feasibility of the highway.
(English version by Catalina Apostoiu)