Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  WIENER BOERSE AG  >  Strabag SE    STRV   AT000000STR1

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Strabag, Rio Tinto Sign Partnership Agreement for Tunnel, Shaft Drilling System

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/22/2013 | 11:12am CEST

VIENNA-- Austrian construction company Strabag SE (STR.VI) and Australian mining company Rio Tinto have signed an agreement for a long-term partnership in research and development of Rio Tinto's new tunnel- and shaft-drilling systems, Strabag said Friday.

MAIN FACTS:

-From 2012 to 2014 in the first phase of the two-phased partnership, Strabag will test and help to optimize Rio Tinto's new technology in tunnel and shaft drilling systems at selected construction sites worldwide.

-Currently tests are being conducted at a mine in Australia and are planned for a mine in the U.S. in Salt Lake City. Further testing sites are under consideration, Strabag added.

-After successful completion of the test construction sites, the partnership will move into the second phase: For five years, Strabag will exclusively carry out all of Rio Tinto's construction projects using the new systems.

-Strabag said it is a new entry for the company into the "mechanical propulsion in the mining industry" business segment.

Write to the Vienna Bureau at nicole.lundeen@dowjones.com 
 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on STRABAG SE
07/14 Brenner Tunnel- Salini Impregilo begins work under Isarco river
07/06 STRABAG SE : rating of BBB confirmed by S&P
06/24 STRABAG SE : Successful refinancing of a German A-Modell project (A8 motorway)
06/20 STRABAG SE : to design and build for Siemens in Switzerland using BIM.5D®
06/17 STRABAG SE : ex-dividend day for annual dividend
06/13 STRABAG SE : subsidiary Züblin awarded € 400
05/31 STRABAG SE : reduces seasonal winter losses in first quarter of 2016
05/16 STRABAG : wins Norway road and tunnel contract
05/16 STRABAG : wins 37m road and tunnel contract
05/12 STRABAG SE : awarded road and tunnel construction contract in Norway
More news
Sector news : Construction & Engineering - NEC
07/25 SUNOPTA DRAWS PRIVATE EQUITY INTERES : sources
07/19DJCIMIC : 1st Half Profit, Dividend Slightly Higher
07/13DJAugmented Reality Gets Boost From Success of 'Poké mon Go'
06/21DJNEW WORLD DEVELOPMENT : NWS Holdings to Sell NWS Kwai Chung Logistics Center For..
06/02DJOrange Executive Sees Delays in European Telecom Mergers
More sector news : Construction & Engineering - NEC
Advertisement
Financials (€)
Sales 2016 13 201 M
EBIT 2016 389 M
Net income 2016 236 M
Finance 2016 465 M
Yield 2016 3,40%
P/E ratio 2016 10,78
P/E ratio 2017 7,98
EV / Sales 2016 0,20x
EV / Sales 2017 0,19x
Capitalization 3 080 M
More Financials
Chart STRABAG SE
Duration : Period :
Strabag SE Technical Analysis Chart | STRV | AT000000STR1 | 4-Traders
Full-screen chart
Technical analysis trends STRABAG SE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 7
Average target price 30,9 €
Spread / Average Target 10%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Thomas Birtel Chief Executive Officer
Alfred Gusenbauer Chairman-Supervisory Board
Christian Harder Chief Financial Officer
Andreas Batke Member-Supervisory Board
Miroslav Cerveny Member-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
STRABAG SE16.81%3 387
VINCI12.53%44 100
CHINA STATE CONST. ENG..-13.56%25 008
CHINA COMMUNICATIONS C..9.16%23 961
CHINA RAILWAY GROUP LT..-36.81%22 563
LARSEN & TOUBRO LIMITE..24.31%22 075
More Results