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© STRABAG
© STRABAG

STRABAG upgrading last single-track section of railway along the TEN-T network in Hungary

  • 30 km section to be modernised and extended with addition of second track
  • 3 stations along the line will also be upgraded
  • Contract value: € 364 million (STRABAG share: 66 %)

Vienna/Budapest, 22 June 2021---The publicly listed STRABAG SE Group has been awarded the contract to upgrade a 30 km section of railway in south-eastern Hungary via its Hungarian railway construction subsidiary STRABAG Rail Kft. The contract, which is worth a total of € 364 million, will be executed in a consortium with a Hungarian partner (STRABAG share: 66 %).
With the official signing last week started the financing phase. It will be followed by a 33 month long construction phase.

“The dual-track upgrade of this section of railway from Békéscsaba station to the national border will help to modernise an important link along the Trans-European Network. This improves the connection between internal markets and the Black Sea ports,” says Thomas Birtel, CEO of STRABAG SE.

Everything from a single source: railway construction, building construction, road construction
STRABAG is contributing the entire range of the group' services to this infrastructure project. In addition to the track construction work, the contract also includes the overhead lines, the safety and signalling systems, the modification of three stations, including park and ride facilities, as well as road construction and civil engineering works. The stations Kétegyháza and Lökösháza will also be adapted to be barrier-free.

Photo of railway tracks in a landscape with trees and meadow STRABAG
Photo of railway tracks in a landscape with trees and meadow STRABAG

STRABAG upgrading last single-track section of railway along the TEN-T network in Hungary

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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.