Press release
Investor information
17 July 2014

STRABAG SOLIDIFIES PRESENCE IN CANADA WITH WINNING BID TO BUILD OUTFALL TUNNEL

• Contract value CAD 79 million

• STRABAG has been offering civil and ground engineering as well as tunneling in Canada since 2005

Vienna, 17 July 2014 Publicly-listed construction group STRABAG has secured a new contract in Canada: In its winning tender, the company agreed to build the Mid-Halton Outfall Tunnel for CAD 79 million (approx. € 54 million). The project centres on the excavation of two 60 m deep shafts and a 6.3 km rock-bored tunnel that is designed to carry treated effluent water from the water treatment plant in Oakville into Lake Ontario.
Since the year 2005, STRABAG has been present in Canada in the fields of civil and ground engineering as well as tunnelling. "We had entered the market with our first, successful project in Canada - the planning and the construction of a water diversion tunnel at the Niagara Falls. In this project the world's largest hard-rock tunnel boring machine was deployed," recalls Thomas Birtel, CEO of STRABAG SE. Ever since, most of the jobs STRABAG has been engaging in Canada have involved the construction of tunnels and shafts. The latest contract has solidified the company's presence there.
The Mid-Halton Outfall Tunnel will consist of two reaches: The onshore reach will span 4.1 km, while another, 2.2 km reach will be built offshore, ending in a diffuser array beneath Lake Ontario. A tunnel boring machine with an excavation diameter of 3.6 m will mainly drill through layers of shale and limestone. Construction is set to begin in mid-July 2014 and is expected to be completed within 39 months.
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 the most 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.
Contact
STRABAG SE
Diana Neumüller-Klein
Corporate Communications & Investor Relations
Tel. +43 1 22422-1116 diana.klein@strabag.com

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