EANS-News: Strabag Rail upgrading rail network in eastern Germany for Deutsche Bahn - ATTACHMENT CNE

Tuesday, 25. August 2020 09:25
  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is responsible for the content of this announcement.

Government Contracts

Vienna/Freital - STRABAG SE has been awarded two major railway construction
contracts in eastern Germany from DB Netz AG. STRABAG Rail GmbH, working in a
consortium with STRABAG AG, has been commissioned to upgrade the railway line
between the Berlin/Brandenburg border and the Berlin outer ring for long-
distance trains (Berlin-Dresden Railway / VP 5). The project also includes the
connection of the new Berlin Brandenburg Airport (BER) to the long-distance
network of Deutsche Bahn. The contract has a volume of around EUR 105 million.
Construction will begin in August 2020, with completion of the main construction
works scheduled for January 2025.

STRABAG Rail will also be leading a consortium with Hentschke Bau GmbH to
upgrade the section between Zeithain and Leckwitz on the Leipzig-Dresden railway
line for long-distance train service (Project Zeithain / VDE 9). This contract
has a volume of around EUR 87 million. The project is scheduled for completion
in the summer of 2025 after about five years (61 months) of construction.
STRABAG Rail GmbH will carry out both orders with teams from its Business Unit

"We are very happy about the confidence placed in our railway construction
expertise and are delighted to be playing a key role in the upgrade of Germany's
railway infrastructure with two large projects at once. These are important
steps on the way to further increasing the competitiveness of rail travel as an
environmentally friendly and fast means of transport," explained Thomas Birtel,

Zwtl.: New tracks for high-speed ICE connection to BER airport

DB Netz AG is having the 16 km section in the south of Berlin from Berliner
Südkreuz to Blankenfelde (Berlin-Dresden railway) upgraded to handle modern
local, regional and long-distance trains, among other things to provide a high-
speed ICE link from the centre of Berlin to the BER airport. This section of the
Berlin-Dresden line is currently only open to S-Bahn commuter service and diesel
freight trains. The contract (VP 5) awarded to the consortium consisting of
STRABAG Rail and STRABAG Subdivision North-East includes the construction of the
approximately three-kilometre long track section between the Berlin/Brandenburg
border and the Berlin outer ring as well as the construction of the Mahlow Curve
to link the BER airport to the Berlin-Dresden Railway. As part of the project,
the STRABAG team will construct two mainline tracks including switches, overhead
lines and safety technology, relocate the existing S-Bahn track and build noise
protection walls, among other things. Four overpasses and a passenger tunnel
will also be built to replace the existing level crossings, along with a new
crossing structure for the grade-separated extension of the Mahlow Curve.

The approx. 10 km double-track section of rail between Zeithain and Leckwitz is
being completely renovated and rebuilt as part of the ongoing upgrade of the
Leipzig-Dresden railway line to a high-speed link. The Zeithain project (VDE 9)
comprises not only the new construction of the track system including ground
engineering works, drainage and underground cables, but also the complete
renewal of the signalling and signal box technology, the installation of new
overhead contact lines and the new construction or renovation of the Glaubitz
and Nünchritz stops (platforms and park-and-ride facilities). The modification
of four bridge structures along the line, the construction of new overpasses and
culverts, and the erection of noise barriers with a total area of 30,000 m² also
form part of the contract.

Further inquiry note:
Diana Neumüller-Klein
Head of Corporate Communications
Tel:   +43 1 22422-1116

end of announcement                         euro adhoc

Attachments with Announcement:

issuer:       STRABAG SE
              Donau-City-Straße  9
              A-1220 Wien
phone:        +43 1 22422 -0
FAX:          +43 1 22422 - 1177
mail:         investor.relations@strabag.com
WWW:          www.strabag.com
ISIN:         AT000000STR1, AT0000A05HY9
indexes:      SATX, ATX, WBI
stockmarkets: Wien
language:     English

EAX0001    2020-08-25/09:25

Related Links: STRABAG SE
Ad-hoc-Mitteilung übermittelt durch euro adhoc.
Für den Inhalt ist der Emittent verantwortlich.