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| Strabag buys the 4th largest road constructor in Poland  The Swedish construction company NCC sold its subsidiary NCC Poland to Austrian-based Strabag. The selling price totaled 110 million euros. NCC Roads Poland is part of the NCC Roads business segment, which has operations throughout the entire value chain relating to asphalt, aggregates and paving. In 2006 NCC Poland had an annual turnover of 110 million € and 900 employees. The NCC headquarters in Stockholm explained the sale as resulting from the wish for "a stronger focus on the Nordic region". In 2006, Strabag had a turnover of 220 million euros in road construction in Poland, while employing 1.200 staff and workers. Total Strabag activities in Poland amounted to 500 million €.According to expert predictions, Poland is likely to be the most dynamic location for infrastructure investment in the coming years. According to reports of the Polish ministry of Infrastructure, by the year 2013 a total of 35 billion € will flow into the development of road and highway infrastructure. No other country is experiencing as much investment as Poland. The Polish highway system is currently only 665 km long. write your comments about the article :: © 2007 Construction News :: home page |