Eurovia wins the contract to upgrade a railway line south of Prague in the Czech Republic
12 SEPTEMBER 2019 - 5:45 PM - NEW CONTRACTS - CZECH REPUBLIC
· A comprehensive upgrade of an 8.7 km section
· A contract with a total value of €120 million
Eurovia, as part of a joint venture with Strabag Rail and Elektrizace železnic Praha, has signed the contract to upgrade the 8.7 km section between the Smíchov station in Prague and the city of Černošice southwest of the capital.
This section, which lies along a very busy line, is part of the Czech Republic's third railway transit corridor.
The €120 million contract covers refurbishment of the track sub-structure, reconstruction of overhead contact lines, bridges and railbeds, modernisation of telecommunication and safety equipment, widening of some portions of the line and renovation of the infrastructure and platforms of several Prague stations (Smíchov, Radotín and Velká Chuchle).
The project is designed to improve safety and traffic flow. Speed will be increased to 100-130 km/h for conventional trains and 120-140 km/h for tilting trains.
The works, set for completion in June 2022, will apply alternating traffic interruptions to reduce disruption for users.
Eurovia generated revenue of more than €500 million in the Czech Republic in 2018, and in June of last year won the contract to upgrade another rail line.
Eurovia is a VINCI Group subsidiary and global leader in transport infrastructure and urban development. It builds and maintains transport infrastructure – roads, motorways, railways, airports and tramways – and develops industrial, commercial and urban facilities. It also delivers all the related services, including demolition, deconstruction, drainage, earthworks, utility networks, signage, bridges, tunnels and noise barriers. Eurovia’s network of industrial plants producing aggregates and other supplies for road and rail construction spans the entire supply chain. The company is operating in 16 countries, employs 43, 500 people and generated €8.9 billion in revenue in 2018.
VINCI is a global player in concessions and contracting, employing close to 211, 000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI’s goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large.