ADVERTISEMENT

Strabag-led consortium wins €5 bln Russia order

Recycling

Austrian builder Strabag said on Monday it had won an order from Russia worth around €1 billion ($1.54 billion).

The order was part of an order worth more than €5 billion to build a nearly 50 kilometer ring motorway around St Petersburg, which was won by a consortium of Strabag, French construction group Bouygues Construction, Germany’s Hochtief and France’s Egis Projects, as well as Russian firms Mostoodryad No.19 and Basic Element. Construction is expected to begin in spring 2009, Strabag said in a statement. (Reuters)

ADVERTISEMENT

Household income improved in Q1 Analysis

Household income improved in Q1

Parl't elects Orbán prime minister Parliament

Parl't elects Orbán prime minister

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.