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STRABAG to renovate the south section of M3 metro line in Budapest

14 March 2019

Renewal of the operating and passenger areas of five stations and of the track structure
Expected contract value: HUF 24.7 billion (~ € 76 million)
Project schedule 2019–2020

Budapest, 14 March 2019---The European construction group STRABAG, through its Hungarian subsidiary STRABAG Építőipari Zrt., has won the contract to rehabilitate the southern section of the M3 metro line. The contract value totals HUF 24.7 billion (~ € 76 million). In addition to the renewal of five stations and passenger areas, the track structure is also being modernised. The work should be completed in 2020.

“After the renovation of the northern section starting in 2017, we are pleased that we can continue to contribute to the renewal of the Hungarian metro network with the southern section,” says Thomas Birtel, CEO of STRABAG SE. The overall project is divided into three sections: North (Újpest-Központ – Lehel tér), Middle (Lehel tér –Nagyvárad tér) and South (Nagyvárad tér – Kőbánya-Kispest). The metro line is 17.3 km long, with 15.5 km of the track in tunnel. The procurement process of the Middle section is still pending.

STRABAG to renovate the south section of M3 metro line in Budapest

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Marianne Jakl
STRABAG SE
Head of Corporate Communications
Group Spokeswoman

+43 1 22422 1174

pr@strabag.com

STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our activities span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by taking an end-to-end view of construction over the entire life cycle – from planning and design to construction, operation and facility management to redevelopment or demolition. In all of our work, we accept responsibility for people and the environment: We are shaping the future of construction and are making significant investments in our portfolio of more than 250 innovation and 400 sustainability projects. Through the hard work and dedication of our approximately 86,000 employees, we generate an annual output volume of around € 19 billion.
Our dense network of subsidiaries in various European countries and on other continents extends our area of operation far beyond the borders of Austria and Germany. Working together with strong partners, we are pursuing a clear goal: to design, build and operate construction projects in a way that protects the climate and conserves resources. More information is available at www.strabag.com.

The STRABAG Group has been operating in Hungary since 1989. In 2018, the 3,044 employees in the country generated an output volume of more than € 700 million. More information about STRABAG in Hungary is available at www.strabag.hu.