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Strabag invests Euro270m in Hungarian cement plant

Hungary: The Austrian construction group Strabag SE has invested some Euro270m in the construction of a new cement plant in southern Hungary, according to Strabag's CEO Hans-Peter Haselsteiner. Strabag will work with its partner Austrian Lafarge Cement CE Holding on the construction of the 1.25Mt/yr facility. The plant will be used exclusively for Strabag's own construction activities, bringing operational savings to the group.

Haselsteiner expects depression in the construction industry over the upcoming years, but remains positive in the long run.

Strabag invests Euro270m in Hungarian cement plant

From : Global coment   Release times : 2018.05.10   Views : 1332

Hungary: The Austrian construction group Strabag SE has invested some Euro270m in the construction of a new cement plant in southern Hungary, according to Strabag's CEO Hans-Peter Haselsteiner. Strabag will work with its partner Austrian Lafarge Cement CE Holding on the construction of the 1.25Mt/yr facility. The plant will be used exclusively for Strabag's own construction activities, bringing operational savings to the group.

Haselsteiner expects depression in the construction industry over the upcoming years, but remains positive in the long run.

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