20.12.2020
Strabag: The European-based construction group Strabag has been awarded the contract for the first phase of construction of the largest building project in the history of Prague. As consortium leader (52 %), Strabag, together with the Czech companies Aspira Construction (32 %) and Instalace Praha (16 %), will realise on 250.000 m² around 400 flats, 8,000 m² of office space and 6,300 m² of retail space in the Smíchov City urban development area. An impressive pedestrian boulevard 1 km long and 28 m wide will run through the new development. The contract has a value of around CZK 2.31 billion (approx. Euro 85 mn). Work is scheduled for completion by 2024.
Strabag: weekly performance: