21st Austria weekly - Porr Marinomed Andritz 26/05/2021 [pic1]Porr: In the first quarter of 2021 construction group Porrs’s production output rose by 6.3% to Euro 1 002 mn. The sharpest growth was seen in and Polish infrastructure construction. Porr again generated majority its on seven home markets which accounted for 95%. Earnings before taxes -9.4 mn were significantly higher than same period previous year climbing 16.2 are negative due seasonal factors therefore not necessarily indicative full year. With a record order backlog 7 920 mn company is optimally positioned future. Overall 2021 Executive Board assumes approximately 5.3 bn 5.5 positive EBT margin +1.3% +1.5%.Porr: performance: 2.70% Marinomed:
PORR and STRABAG begin work on metro expansion in Vienna
Vienna, 18. December 2020 - A consortium of Austria s two largest construction companies has won the tender for the first phase of the largest connected construction project of Wiener Linien, the Vienna public transport provider. A total of seven kilometres of tunnel will be driven and four new stations built as part of the redirection of the U2 line. The contract value for the consortium - in which each party has 50% - is around half a billion euros. Construction is set to begin in February 2021 and will run until the middle of the year 2028.