Strabag Stock

Strabag SE operates as a construction company. The company offers building construction and civil engineering, transportation infrastructures, tunnelling, and construction-related services.

Segments

The company operates in three segments: Building Construction & Civil Engineering; Transportation Infrastructures; and Special Divisions & Concessions.

Building Construction & Civil Engineering

In the field of Building Construction, the company offers both classical building services, as well as turnkey building projects. The range of construction services includes housing; commercial and industrial facilities, such as shopping centers, business parks, office buildings, hotels, airports, and railway stations; public buildings, such as hospitals, universities, schools, and other public buildings; the production of prefabricated elements; and steel-girder and facade construction.

The company’s Civil Engineering operations comprise complex infrastructure solutions, power plant construction, large-scale bridge building, and environmental technology projects. Its environmental engineering activities include the construction of landfills, waste treatment plants, and waste water collection and treatment systems, as well as the regeneration of polluted soils and industrial sites.

Transportation Infrastructures

The Transportation Infrastructures segment comprises asphalt and concrete road construction, as well as activities related to road construction, such as earth-moving, canalization, waterway construction, dyking, paving, the construction of sport and recreational facilities, safety and protective structures, or small-scale bridge projects. The production of construction materials, such as asphalt, concrete, and aggregates, as well as bitumen trading also forms part of the segment.

Special Divisions & Concessions

The Special Divisions & Concessions Segment comprises tunnelling, specialty foundation engineering, project developments, and other construction-related services, such as property and facility management. The range of tunnelling services includes the construction of road and railway tunnels, as well as underground galleries and chambers with various technologies. The concessions business field encompasses those project development contracts worldwide, which include integrated services, such as financing, operation, marketing, and utilization, as well as the usual construction services, within the framework of a value-added chain in an overall project. Services include infrastructure projects (traffic and energy), as well as building projects for office and commercial properties or hotels.

Markets

The company, from its core markets of Austria and Germany, operates via its various subsidiaries in various countries of eastern and south-east Europe, including Russia, in selected markets in western Europe, and the Arabian Peninsula, as well as in the project business in Africa, Asia, and in the Americas.

Acquisitions

In February 2008, the company acquired Pomgrad Inzenjering d.o.o., Split, which is a specialist in the construction of ports and port facilities.

In April 2008, the company acquired 100% of Czech construction firm JHP spol. s.r.o., Prague, a specialist in bridge-building; 82.3% of the Swedish construction company, ODEN Anlaggningsentreprenad AB, Stockholm; and Adanti S.p.A., Bologna, which is a construction company in Italy.

In May 2008, the company acquired Switzerland-based StraBAG Strassenbau und Beton AG, Zurich, and WITTA BA U AG, Zurich. The main business activity is in the areas of road construction, civil engineering, and underground construction, as well as paving and surfacing.

In June 2008, the company acquired 100% of Hungarian M5 motorway concession company, AKA Alfold Koncessizios Autopalya Zrt, Budapest.

In September 2008, the company acquired Kirchner Holding GmbH, Bad Hersfeld. Kirchner complements the company’s business activities in Germany in the area of infrastructure construction and environmental technologies, as well as in field of raw materials and construction materials.

In June 2008, the company acquired 100% of Czech stone miner Sterkovny spol. s.r.o. Dolni Benesov, Dolni Benesov.

In September 2008, the company also acquired 100% of Mobil Baustoffe GmbH, Reichenfels. The company engages in mobile concrete production in Germany, Austria, and Switzerland.

In October 2008, the company acquired 100% of STRABAG Property und Facility Service GmbH.

During 2008, the company also acquired 100% of stone miner ZPS V Olcnava s.r.o., Olcnava, which operates a dolomite quarry in northeastern Slovakia; 100% of Czech stone miner PI KASO s.r.o., Prague; and 75.79% of Chustskij Karier, a.o.a., Zakarpatska, Ukraine, which supplies hard stone in the Ukrainian Carpathians.

In January 2009, the company acquired 100% of Johannes Sienknecht GmbH & Co. KG, Neumunster.