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25 Press release(s)

PORR and STRABAG begin work on metro expansion in Vienna

Vienna, 18. December 2020 – A consortium of Austria’s two largest construction companies has won the tender for the first phase of the largest connected construction project of Wiener Linien, the Vienna public transport provider. A total of seven kilometres of tunnel will be driven and four new stations built as part of the redirection of the U2 line. The contract value for the consortium – in...
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PORR to supply Slab Track Austria Technology for the state-of-the-art HS2 project

Vienna, 14.12.2020 – PORR received another recognition of its expertise with the award of a EUR 286m (GBP 260m) contract to supply slab track for the most significant infrastructure project in Great Britain in centuries.
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PORR secures infrastructure contract in Romania

Vienna/Bucharest, December 2, 2020 - PORR Construct S.R.L. is once again demonstrating its versatile infrastructure competence. The full-service provider has been awarded the contract for the rehabilitation of the Romanian railroad line Bucharest - Giurgiu. The construction time is 30 months, the contract value amounts to approximately EUR 97m (RON 472m).
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PORR earnings burdened by COVID effects

Adjusted order backlog1 rises to EUR 6.8 bn Production output totals EUR 3.8 bn Q3 EBT negative at EUR -62.4m Positive outlook for 2021 Vienna, 26.11.2020 – Austria's second largest construction group, PORR, with about 20,000 employees, has generated production output of more than EUR 3.8 bn in its 9 countries in the first three quarters of 2020. The COVID pandemic has had a massive...
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PORR expects negative result in 2020 due to COVID effects

Vienna, 17.11.2020 – Austria's second largest construction group, PORR, with about 20,000 employees, is expected to achieve a production output of more than EUR 5 bn in its 9 countries this year. The COVID pandemic also has a massive impact on PORR's business activities and, in addition to a revaluation of projects, will probably result in a negative EBT (earnings before taxes) in the range of EUR...
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Contract to build the Pfons-Brenner lot remains valid

Vienna, 28.10.2020 – The withdrawal announced yesterday by BBT SE from the contract concluded on 28 March 2018 between the consortium H51 Pfons-Brenner and BBT SE to build the Pfons-Brenner lot of the Brenner Base Tunnel is plainly unlawful and therefore the contract remains valid. PORR AG will take every step necessary to protect its rights.
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PORR to build modern residential complex at Vienna’s Nordbahnhof

Vienna, 01.10.2020 – PORR’s services as a general contractor have been called on once again as it secures a new building construction contract in the second district of Vienna. The project Nordbahnhof construction site 8b borders Bruno-Marek-Allee and was put out to tender by project companies of UBM Development and KIBB Immobilien. In a period of 25 months, here PORR will realise attractive homes...
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PORR raising the environmental bar in Basel

Vienna/Zurich, 16.09.2020 – A modern space for the Baloise insurance now stands in the immediate vicinity of Basel SBB railway station. The new corporate headquarters with training centre has added to the cityscape and appeals with its inviting zones for working and meeting. At the end of 2017, Basler Leben AG commissioned PORR SUISSE for the planning and construction as its design-build...
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PORR to build Franklinturm in Zurich

Vienna/Zurich, 01.09.2020 – The first milestone in the construction of the Franklinturm in Zurich has been reached: the excavation pit for the underground storeys is now complete. Right beside the Zurich-Oerlikon railway station, an office building with a height of 80m will be erected by the end of 2022. The design-build contract was awarded to PORR SUISSE AG by SBB Immobilien. The contract is...
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Solid order backlog, results affected by COVID-19

Coronavirus impacts production output and earnings Order backlog at an all-time high of over EUR 7.6 bn New direction and acceleration of the PORR 2025 transformation Uncertainty in 2020 continues; long-term positive trend intact Vienna, 26.08.2020 – The ongoing coronavirus pandemic impacted both production output (EUR 2.3 bn) and EBT (EUR -26.6m) and has led to a year-on-year decrease....
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