| Type | Societas Europaea |
|---|---|
| Traded as | WBAG: STR, FWB: XD4 |
| Industry | Construction |
| Founded | 1835 |
| Headquarters | Vienna, Austria |
| Key people | Alfred Gusenbauer (Chairman of the supervisory board), Hans Peter Haselsteiner (CEO) |
| Services | Building construction and civil engineering; infrastructure construction; tunnelling; facility management |
| Revenue | €12.38 billion (2010)[1] |
| Operating income | €299.0 million (2010)[1] |
| Profit | €174.9 million (2010)[1] |
| Total assets | €10.38 billion (end 2010)[1] |
| Total equity | €3.232 billion (end 2010)[1] |
| Employees | 73,600 (average, 2010)[1] |
| Website | www.strabag.com |
Strabag is a European construction company based in Villach, with its headquarters in Vienna, Austria). It is the largest construction company in Austria and one of the largest construction companies in Europe. Strabag's current CEO is Hans Peter Haselsteiner.
STRABAG is active in its home markets Austria and Germany and in all countries of Eastern and South-East Europe, in selected markets in Western Europe, on the Arabian Peninsula, as well as in Canada, Chile, China and India. In these markets STRABAG has subsidiaries or operates on a project-basis.
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The business has its origins in two businesses: Lerchbaumer, founded in 1835 by Anton Lerchbaumer and known as ILBAU from 1954[2] and Strassenwalzenbetrieb, founded 1895, and known as STRABAG from 1930.[2] These two businesses came under the common ownership of BIBAG Bauindustrie Beteiligungs Aktiengesellschaft (subsequently renamed Strabag SE) – a company listed on the Vienna Stock Exchange – in 1998.[2] Subsequent acquisitions included Strubag in 1999 and a majority in Ed. Züblin in 2005.[2]
The company is organised into the following divisions: Building & Construction Engineering, Road Construction, Tunneling & Services and Service Companies.[3]
The following are affiliated companies:
Major projects have included the Alte Weser Lighthouse completed in 1964,[5] Basra International Airport in Iraq completed in 1988,[6] the Copenhagen Metro completed in 2002,[7] the Manapouri Second Tailrace Tunnel completed in 2002,[8] the Sofia Airport Second Terminal completed in 2006[9] and the Vrmac Tunnel in Montenegro completed in 2007.[10]
Strabag is also working on the Niagara Third Hydro Tunnel due to complete in 2013.[11]
Strabag is also involved in the construction of the Limerick Tunnel, which will run from the junction of the Limerick ring road with the N69, under the river Shannon allowing a connection by road with the N18 Ennis road, due to complete in 2010.[12]
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