CZECH REPUBLIC Strabag and Hochtief win Prague metro contracts

In a EUR 50 mln contract, Strabag (with a 65 pct share) and AŽD Praha will modernise Jiřího z Poděbrad station in Vinohrady (Prague 3). The project will involve the replacement of Soviet-era ‘Leningrad’ escalators with Schindler escalators. Access to the platforms will also be made barrier-free with two pairs of lifts.

For me, Prague is one of the most exciting cities in Europe. The Smíchov City urban development project that we are currently working on as well as the latest investments in the city’s public transportation infrastructure clearly demonstrate the upward trend of the Czech capital.
Thomas Birtel, the CEO of Strabag SE

Strabag and its subsidiary Ed. Züblin along with Subterra and two Hochtief subsidiaries will start work on the first section of line D at the end of 2021. This will involve the construction of the Pankrác and Olbrachtova stations (both 33m deep) as well as a 1.2 km long tunnel between them. Strabag has already been involved in the preliminary geological explorations. The tunnel will be built using the ‘New Austrian Tunnelling Method’. This contract is worth EUR 540 mln, of which Hochtief is to receive EUR 138 mln.