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© STRABAG
© STRABAG

Transfer of MKAO “Rasperia Trading Limited” back to MKAO Valtoura Holdings Limited reported

  • Major holdings notifications received from Iliadis JSC and MKAO Valtoura Holdings Limited
  • Sanctions situation unchanged
  • No immediate impact on STRABAG SE expected
STRABAG SE has received major holdings notifications from Iliadis JSC (Iliadis) and MKAO Valtoura Holdings Limited (Valtoura). According to these notifications, which STRABAG published today, the STRABAG shareholder MKAO “Rasperia Trading Limited” (Rasperia) has been transferred back from Iliadis to its former parent company Valtoura.

STRABAG does not expect the renewed change of ownership to have any immediate impact on STRABAG SE, as Rasperia itself is subject to sanctions by both the EU and the US and the STRABAG shares held by Rasperia will remain frozen in any case.

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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.

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