Welcome to the Newsroom

Here you will find the latest stories from our construction sites, highlights from our team members, ad hoc announcements and press releases on everything that moves us.

Article

STRABAG SE shareholder MKAO Rasperia Trading Ltd. now also on EU sanctions list

28 June 2024

Also EU puts MKAO "Rasperia Trading" and Iliadis JSC on the sanctions list
STRABAG shares held by Rasperia remain frozen
STRABAG itself not sanctioned

STRABAG SE has gained knowledge through the Implementing Regulation (EU) 2024/1842 of the Council of the European Union published today that the European Union has now sanctioned the shareholder MKAO "Rasperia Trading Limited" ("Rasperia") and its parent company Iliadis JSC ("Iliadis").

The individuals and entities now sanctioned by the EU had previously also been placed on the sanctions list by the United States of America.

The background for the sanction is the circumventing transaction in connection with the shareholding in STRABAG SE.

The inclusion of Rasperia on the EU sanctions list does not lead to any changes at STRABAG SE itself or in our approach towards the shares held by Rasperia, as Rasperia's shares in STRABAG SE have already been frozen since Oleg Deripaksa was sanctioned by the EU.

STRABAG SE has been and remains determined to respect and comply with all applicable sanctions. The measures we have already taken remain in place and we feel strengthened in our position that all rights arising from the shares remain frozen.

Download Press Kit as ZIP Download

Marianne Jakl
Head of Corporate Communications, Spokeswoman

+43 1 22422 1174

pr@strabag.com

Marco Reiter
Head of Investor Relations

+43 1 22422 1089

marco.reiter@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.