PortmanPortman

Construction News

Sat July 21 2018

Related Information

Astaldi JV wins 68km Polish rail contract

16 May 17 A joint venture led by Astaldi has won a €171m (£145m) contract to upgrade a stretch of Poland’s N-7 railway.

The work to upgrade the Warsaw Wschodnia Osobowa-Dorohusk line  involves demolition, reconstruction and extension of a 68km section, including Lublin station. Among other aspects of the work are the construction of level crossings and access roads. The planned duration of the project is approximately two years.

The works have been commissioned by Polskie Linie Kolejowe (PKP), the state-owned company responsible for managing Poland’s railway infrastructure. Astaldi has a 65% share in the joint venture, which also includes Zhol Zhondeushi (25%, Kazakhstan), PBDiM (5%, Poland) and CLF (5%, Italy).

This contract is in line with the Astaldi’s 2017-2021 strategy plan, which aims to consolidate its footprint in Central Europe. The contract also strengthens the group’s presence in Poland, where Astaldi currently manages an order backlog of approximately €1bn.

 

MPU

More News Channels