|
contents | business | |||||||||
| Strabag SE output volume for 2009 slightly below previous year Strabag SE, Central and Eastern Europe's largest construction company, generated an output volume of € 13,021.01 million in the 2009 financial year. As already forecast in the report for the third quarter 2009, the output volume stands slightly below the level of the previous year. Increases in Germany (largely due to acquisitions) and Poland helped to compensate declines in several eastern European markets, above all in Russia. The order backlog reached nearly € 14 billion, a plus of 5 % year on year. The number of employees grew by 3 % to 75,548. From today's point of view, the output volume for 2010 should show only minor variations from 2009 in all three segments. In a country-by-country forecast, the projected development in Poland is particularly striking: after an output volume of € 993 million in 2009, Strabag expects the acquisition of several newly acquired projects – including some in the first quarter of 2010 – and the high order backlog at the end of 2009 (€ 2.5 billion) to result in growth to € 1.5 billion. By comparison, the output volume in Hungary, Germany and Slovakia could fall slightly. write your comments about the article :: © 2010 Construction News :: home page |