STRABAG SE – Successful in Eastern Europe · motorway, railway and metro. 7 ... Motorway A4 -...

13
STRABAG SE – Successful in Eastern Europe

Transcript of STRABAG SE – Successful in Eastern Europe · motorway, railway and metro. 7 ... Motorway A4 -...

STRABAG SE – Successful in Eastern Europe

2

Segments

� Commercial and industrial

Facilities

� Public Buildings

� Civil Engineering

� Power Plants

� Housing

� Environmental Technology

� Roads, Large-Area Work

� Asphalting

� Construction Materials

� Road Maintenance

� Railway Construction

� Sports & Recreation Facilities

� Waterway Construction

� Tunnelling

� Project Development/PPP:

- Infrastructure- Real Estate

� Facility Management

Building Construction & Civil Engineering

Transportation Infrastructures

Special Divisions & Concessions

STRABAG at a glance

Strong brands

3

STRABAG SE –a leading european construction group

Overview of STRABAG’s markets in SEE

#1

#1

#1

#2

#3

#3

Core markets Growth markets Further growth markets

� #1 in Germany, Austria & Central and Eastern Europe

� Approximately 80% of group output from regions where

STRABAG holds a market position among the top 3

� Activities in Croatia, Serbia, Rumania and Bulgaria as platform

for further growth

� Strong foothold in Moscow and market entry in St. Petersburg as

basis for ambitious expansion in Russia

� Strong international reputation – selected projects in Middle

East, Asia, Africa and North America

Output volume by region (2008)

Highlights

Note: Assessment of market positions based on Deloitte market report,

public filings and STRABAG management estimates

Rest of

World

6%

CEE

33%

Austria17%

Rest of

Europe

7% Germany37%

#1#1

#1

#3

#3

#2

#2

#1

#1

#1

#3

#3

#2

#2

4

Germany 3.988 3.802 5.096 +34%

Austria 2.079 2.114 2.126 +7%

Czech Republic 791 864 975 +13%

Poland 551 714 889 +25%

Hungary 806 614 842 +37%

Slovakia 300 371 558 +50%

Switzerland 323 346 429 +24%

Middle East 203 316 490 +55%

Russia 173 259 476 +84%

Other countries* 1.171 1.347 1.718 +28%

Total (in € m) 10.385 10.747 13.743 +28%

Total output by countries

2006 2007 2008 % ∆ 07-08

*Benelux, Romania, Croatia, Africa, Asia, Canada, Scandinavia, Slovenia, Italy, Serbia, Bulgaria, Ireland

5

Romania 273,0

Croatia 178,3

Slovenia 53,2

Serbia 45,7

Bulgaria 28,5

Macedonia 8,5

Montenegro 21,7

Albania 15,4

Kosovo 1,0

Total (in € Mio.) 625,3

2008

STRABAG SE –a leading european construction group in SEE

Overview of STRABAG’s key markets Output

#1#1

#1

#3

#3

#2

#2

178,3

45,7

53,2273,0

28,5

Core markets Growth markets Further growth markets

15,48,5

1,021,7

6

Important Key ProjectsBuilding Construction & Civil Engineering

Hotel Moscow - Russia Eurovea Int. Trade Center – Slovakia

Opernturm – Germany WESTside - Switzerland

Multiple-use Project in Bratislava

Volume: € 156m (65% share)

Project schedule: 2007-2009

Challenge: Office, commercial

and residential building on an area of 120,000 m²

Prestige Project on Red Square

Size: € 550m

Project schedule: 2004-2008

Challenge: Multifunctional Building with a “Four

Seasons” Hotel on an area of

193,000 m²

Office High Rise with a Height of 179 m

Volume: € 230m

Project schedule: 2007-2009

Challenge: Construction of a

44-storey high rise with an

underground garage vis à vis

the Old Opera in Frankfurt

Leisure- and Shopping Center in Bern

Volume: € 100m (50% share)

Project schedule: 2005-2008

Challenge: Area of 157.100

m2 including connection to

motorway, railway and metro

7

Important Key ProjectsTransportation Infrastructures

Motorway M6 – Hungary

Motorway M0 - Hungary Musannah - Oman

Phase III of the PPP-Motorway in Hungary

Volume: € 478m (50% share)

Project schedule: 2007-2010

Challenge: Planning,

financing and construction of the 4-lane M5 which is part of

the trans European corridor

from Budapest to Sarajevo

Motorway with four bridge sections

Volume: € 249m

Project schedule: 2006-2007

Challenge: Construction of a

3.5 km long section including a

bridge with a length of 590 m

Construction of an airport in Oman

Volume: € 80m

Project schedule: 2007-2009

Challenge: Construction of

a runway, front end, canal

as well as electric works

Construction of the section

Wykroty - Krzyzowa

Volume: €119m (75% share)

Project schedule: 2007-

2008

Challenge: Construction of two lanes in each direction

Motorway A4 - Poland

8

Important Key ProjectsSpecial Divisions & Concessions

Niagara Tunnel – Canada H8 Tunnel Vomp-Terfens – Austria

Gotthard Base Tunnel - Switzerland

First operation of the NATM (new Austrian tunnelling method)

Volume: € 65m (32% share)

Project schedule: 2003-2008

Challenge: Construction of a

railway tunnel with a total

length of 7.7 km

Prestige project in Switzerland

Volume: € 686m

Project schedule: 2002-

2010

Challenge: Construction of

two sections with two tunnels with each one pipe

with a total length of 19 km

International Prestige Project

Volume: € 420m

Project schedule: 2005-

2009

Challenge: Planning and

construction of an under-

ground water supply tunnel with a length of 10.4 km

"European PPP-Deal of the Year“

Volume: € 430m (20% share)

Project schedule: 2006-

2010

Challenge: Construction of a

10 km long Motorway incl. a 500 m tunnel underneath the

Shannon river

Limerick Southern Ring Road - Ireland

9

Important Hydro Power Plants International

HPPs Borcka & Muratli – Turkey

River power stations along the river Coruh

Volume: € 90 Mio. (47%)

Project period: 1999-2005

Description: Concrete works,

powerhouse, dam, barrage,

slurry walls, grouting works,

tunnel, asphalt surface sealing (300 MW + 115 MW)

Xiaolangdi-multi-purpose dam – China

Intake and outlet structures and tunnels

Volume: € 1.465 Mio. (20%)

Project period: 1994-2003

Description: multi-purpose along the Yellow river with

intake and outlet structures

and 10 tunnels

(6 x 300 MW)

HPP Middle Marsyangdi – Nepal

Hydroelectric power station

Volume: € 196 Mio.(90%)

Project period: 2001-2008

Description: Hydro power

plant with two vertically

Francisturbines at a drop

height of 108 m(72 MW)

Ghazi Barotha HPP – Pakistan

Hydro power plant and barrage on the Indus

Volume: € 368 Mio. (85%)

Project period: 1995-2004

Description: Hydro power

plant, 52 km long channel,

34 bridges and 94 water

crossway constructions

(1.450 MW)

10

Important Hydro Power Plants in Europe

Danube River Power Plant Freudenau – Austria

River power plant along the river Danube in Vienna

Volume: € 167 Mio.

Project period: 1991-1998

Description: multi-purpose structure

consisting of barrage, power

house and shipping locks

(172 MW)

HPP Langkampfen – Austria

River power plant along the river Inn

Volume: € 48 Mio.

Project period: 1995-1999

Description: Powerhouse

and barrage, excavation

with a suction dredger,

back-up dams: 8 km with core sealing (31,5 MW)

Rheinfelden – Germany / Switzerland

River power plant along the river Rhine

Volume: € 107 Mio. (33%)

Project period: 2003-2011

Description: construction

of a river hydropower plant

(barrage and powerhouse)

in order to replace an

inefficient plant (100 MW)

Goldisthal – Germany

Pump storage hydro power plant Goldisthal

Volume: € 471 Mio. (57%)

Project period: 1997-2003

Description: Upper storage basin including intake

structure as well as all

underground facilities

(1060 MW)

11

PPP-Projects in Europe

Euphratbarrage Birecik – Turkey PPP - Motorways in Europe

Barrage Birecik along the Euphrat

Volume: € 1.156 Mio. (20% / 25%)

Project period: 1996 – 2001

Concession period: 15 years

Description: First big PPP-hydro power plant project in

Turkey, Powerhouse with 6 Francisturbines (each 112 MW), dam (Rock dam with core seal) with length 2,5km

and max. dam height 62,5m

M6 / M60 Lot 3, Hungary (30%)Length: 70 km Volume: 855 Mio.€

Construction period: 2008-2010 Concession period: 30 years

Limerick Southern Ring, Ireland (20%)Length: 10 km Volume: 433 Mio.€Construction period: 2006-2009 Concession period: 30 years

Motorway Zagreb – Macelj, Croatia (17%)Length: 63 km Volume: 350 Mio.€Construction period: 2004-2007 Concession period: 25 years

Fermoy By-Pass Motorway, Ireland (12,5%)Length: 17,5 km Volume: 210 Mio.€Construction period: 2004-2006 Concession period: 28 years

M5 Motorway, Phase II and III, Hungary (25,1%)Length: 60,7 km Volume: 630 Mio.€Construction period: 2004-2006 Concession period: 25 years

A2 Motorway, Poland (10%)Length: 135,6 km Volume: 880 Mio.€Construction period: 2000-2004 Concession period: 33 years

M5 Motorway, Phase I, Hungary (41,49%)Length: 96,4 km Volume: 343 Mio.€

Construction period: 1996-1998 Concession period: 35 Years

M1 / M15 Motorway, Hungary (22,8%)Length: 60,0 km Volume: 280 Mio.€

Construction period: 1994-1998 end of Concession 1999

12

Extensive own resource base

� Access to construction materials is a key competitive advantage

– Secure supply

– Hedge against price fluctuations

– Existing quarries serve as effective entry barriers into the market – new sites need approval

� Already extensive base of quarries, gravel pits, asphalt and concrete mixing plants with more than 2.2bn tonnes reserves of stone and gravel

� 2007: + 42 mixing plants (asphalt und concrete) + 20 quarries und gravel pits

� Further investment in own resource base planned

Asphalt mixing plants 323(2)

Concrete mixing plants 214(2)

Total quarries and gravel pits 165(2)

Production of 3.4m cubic meters of concrete and

approx. 14.3m tons of asphalt in 2007

HighlightsSTRABAG facilities(1)

(1) As of December 2007

(2) Includes facilities from joint ventures and associates

High density of sights