Large contract for STRABAG subsidiary: Expansion of of Södertälje Canal

Large contract for STRABAG subsidiary: Expansion of Södertälje Canal

Facts & Figures

STRABAG COMPANY:

Züblin Scandinavia AB

CONTRACT VALUE:

€ 127 million (SEK 1.183 million)

STRABAG SHARE: 100 %

ORDER BACKLOG: Q3/16

SEGMENT:

North + West

CLIENT:

Sjöfartsverket (Swedish Maritime Administration)

Contact

STRABAG SE

Diana Neumüller-Klein

Head of Corporate Communications

& Investor Relations Tel. +43 1 22422-1116

diana.klein@strabag.com

Ed. Züblin AG Birgit Kümmel

Corporate Communications Tel. +49 221 824-2472

presse@zueblin.de

• Expansion of the canal and construction of a lock
• Contract value: € 127 million
• Project from 2016 to 2019

Stockholm, 9 September 2016 Züblin Scandinavia AB, a Swedish subsidiary of publicly listed construction group STRABAG, has been awarded the contract by the Swedish Maritime Administration Sjöfartsverket to build a new lock and to enlarge the Södertälje Canal

- a part of the so-called Mälaren project - located south of Stockholm in Sweden. The project, with a contract value of € 127 million, comprises the construction and installation e.g. of a new lock head, lock gates, lock chamber, machine control house, new sheet piling along the canal including a ship collision guiding system, head beam, dolphins, support constructions for excavations, and walkways. The project starts in September 2016 und will be finished by the end of 2019.

The purpose of the Mälaren project is to improve maritime safety and accessibility in public waterways through the Södertälje Canal to the ports of Västerås and Köping. The length of waterway according to the contract is 3 km. An important prerequisite for the construction process is that all boat traffic proceed without disturbance throughout the construction period.

"This impressive project holds several challenges. We plan to have only a few stops in maritime traffic and minimal impact on the environment," says Thomas Birtel, CEO of STRABAG SE.

"We look forward to good cooperation with the Swedish Maritime Administration and the residents of Södertälje and are proud to be able to contribute to the improvement of the standard of boat traffic on Lake Mälaren," says Pär Land, Managing Director of Züblin Scandinavia AB.

Züblin possesses extensive experience in infrastructure projects and ground engineering. Other projects already realised by Züblin in Sweden include the Northern Link and the City Line in Stockholm as

well as ongoing projects Marieholm Tunnel in Gothenburg and the Akalla Interchange, a part of the Stockholm Bypass.

STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our services span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by our specialised entities integrating the most diverse services and assuming responsibility for them. We bring together people, materials and machinery at the right place and at the right time in order to realise even complex construction projects - on schedule, of the highest quality and at the best price. The hard work and dedication of our more than 73,000 employees allows us to generate an annual output volume of about € 14 billion. At the same time, a dense network of numerous subsidiaries in many European countries and, increasingly, on other continents is helping to expand our area of operation far beyond the borders of Austria and Germany. More information is available at www.strabag.com.

Stuttgart-based Ed. Züblin AG has about 15,000 employees and, with an annual output of over € 3 billion, is one of Germany's leading construction companies. Since it was founded in 1898, Züblin has been successfully realising challenging construction projects in Germany and abroad and is the number one in the German building construction and civil engineering segment. The company's range of services comprises all construction-related tasks - from civil engineering, bridge building and tunnelling to complex turnkey construction to structural timber engineering and public-private partnerships. Züblin attaches great importance to partnership-based cooperation, and our Züblin teamconcept has proved its value as a successful partnering model for more than 15 years now. Current construction projects of the company, a subsidiary of globally operating STRABAG SE, include rehabilitation and new construction works at Charité Hospital in Berlin, the second section of the Jena University Hospital and the Albabstieg Tunnel along the new Wendlingen-Ulm railway line. More information is available at www.zueblin.de.

Rendering of the Södertälje Canal and of the lock

Image credit: Sjöfartsverket (Swedish Maritime Administration)