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HOCHTIEF Aktiengesellschaft Alfredstraße 236 45133 Essen, Germany http://www.hochtief.de
Contact Mr Stefan Hannen +49 201 8242960
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HOCHTIEF Aktiengesellschaft

HOCHTIEF Infrastructure wins EUR 140 million Koralmbahn contract in Austria

Joint venture to build Granitz Valley tunnels / HOCHTIEF has 50 percent share in joint venture

(PresseBox) (Essen, )
Together with Implenia Österreich, HOCHTIEF Infrastructure Austria has signed a 01/26/2015 contract to build the Granitz Valley tunnel chain. The client is ÖBB-Infrastruktur AG. The tunnel project mainly comprises constructing an around six-kilometer section of the future Koralmbahn railway. The contract is worth some EUR 140 million, 50 percent of which goes to HOCHTIEF Infrastructure Austria. Work is due to be completed in about five years' time at the beginning of 2020. Final completion of the Koralmbahn railway is planned for 2023.

Apart from the precisest possible analysis of the geological conditions and construction handling details, the bid planning also
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