CZECH REPUBLIC Electrifying news for Skanska

Infrastructure

04 May 2021

Nathan North
deputy editor

Skanska will construct a train station at Pardubice-Rosice as part of the project (picture: Správa železnic)

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The project will include the construction of several level crossings

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A bridge over the river Labe [Elbe} will also be built

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Skanska and Elzel have been awarded a contract by Správa železnic (the Czech Railway Administrator) to upgrade a 7.4 km stretch of railway in Pardubice, around 100 km east of Prague.

Skanska’s part of the contract is worth CZK 1.6 bln (EUR 62 mln), which will be included in its order bookings for Europe for Q2 2021. The company will be responsible for an extensive upgrade of the infrastructure, pre-electrification adjustments to make the track faster and able to bear greater loads, and for doubling the whole track. It will also build a train staion at Pardubice-Rosice, a pedestrian underpass, several level crossings and a bridge.

Skanska’s partner for the project, rail electrification company Elektrizace železnic Praha (Elzel), will carry out the electrification work.

Construction work will start this month and is expected to be completed in December 2023.

Latest news

Investment & finance

CEE REGION EBRD sells Globalworth stake to CPI and Aroundtown

Nathan North
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The European Bank for Reconstruction and Development (EBRD) has agreed to sell its entire 5 pct stake in Globalworth Real Estate Investments to Zakiono Enterprises, which is owned by CPI Property Group and Aroundtown – a consortium that is currently engaged in a takeover bid for the Romanian-based company.

Warehouse & industrial

POLAND Hart Logistics leases 10,000 sqm in MLP Poznań West

Opr./edited by NN

Polish warehouse property developer MLP Group is to build a 10,000 sqm facility for Hart Logistics in MLP Poznań West.

Office & mixed-use development

ROMANIA EUR 78 mln loan for One Cotroceni Park

Nathan North
deputy editor

One United Properties has been loaned EUR 78 mln from a consortium of banks for its One Cotroceni Park office complex in Bucharest.

Warehouse & industrial

POLAND White Star Logistics launches first two projects

Nathan North
deputy editor

White Star Logistics, a new joint venture between White Star Real Estate and fellow US investor Bain Capital Credit, is to develop its first two logistics centres – in Nowy Konik and Raszyn, on Warsaw’s eastern and southwestern outskirts, respectively.

Warehouse & industrial

HUNGARY Knapp buys former lawnmower plant

Opr./edited by NN

Austrian automation company Knapp has bought a 30,000 sqm industrial plant near Veszprém from lawnmower producer MTD Hungary for an undisclosed sum.

ROMANIA Strabag awarded EUR 111 mln Oradea contract

Opr./edited by NN

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Warehouse & industrial

POLAND Tenth building with new tenants for 7R Park Kraków

Nathan North
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Office & mixed-use development

POLAND Koneser up for sale

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Office & mixed-use development

POLAND Colliers chosen for University Business Park

Opr./edited by NN

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Architecture and urban planning

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ROMANIA NEPI obtains EUR 73 mln green loan

Opr./edited by NN

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Office & mixed-use development

POLAND Warsaw office vacancy hits 12 pct

Opr./edited by NN

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Office & mixed-use development

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Opr./edited by NN

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POLAND Warbud to build new Kostrzyn bridge

Opr./edited by NN

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Retail & leisure

CZECH REPUBLIC Patria buys two retail parks

Opr./edited by NN

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Public buildings

POLAND Złota 44 sales hit record figures

Opr./edited by NN

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Office & mixed-use development

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Opr./edited by NN

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Office & mixed-use development

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Opr./edited by NN

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Retail & leisure

ROMANIA Scallier buys Timişoara project for FunShop Park

Opr./edited by NN

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Electrifying news for Skanska

Skanska and Elzel have been awarded a contract by Správa železnic (the Czech Railway Administrator) to upgrade a 7.4 km stretch of railway in Pardubice, around 100 km east of Prague.

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