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| Strabag SE, Basic Element and DCH create new holding in Kiev Shareholders signed the articles of association of the new multiline construction holding Strabag.Ukraine in Kiev. Strabag.Ukraine is a joint project between Strabag SE (Austria), Group Basic Element (Russia) and DCH Group (Development Construction Holding, Ukraine), each holding equal stakes in the company. In the first phase the company expects to employ just under 1,000 people. Strabag.Ukraine will specialize in large orders, especially for the construction of transport infrastructure objects, bridges, tunnels and roads and commercial and residential property. Strabag.Ukraine will also build new cement works and invest in the production of aggregates, gravel, sand and crushed aggregate. The holding is expected to start work and appoint its manager at the beginning of next year. write your comments about the article :: © 2007 Construction News :: home page |