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...
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.
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...
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...
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...
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....
PORR to revitalise iconic office building in Zurich
Vienna/Zurich, 11.08.2020 – PORR SUISSE AG has once again succeeded through its expertise as a design-build contractor, acquiring an impressive project for Zürich Versicherungs-Gesellschaft AG. The heritage-protected Schader office building is a modern architectural gem in a prime location on the banks of Lake Zurich. The comprehensive refurbishment will be realised within the next 15 months.
Vienna/Zurich, 03.08.2020 – PORR has handed over one of Switzerland’s largest office buildings after a construction period of around a year. The former headquarters of Swissair has been expanded to form a total of ten storeys, all while normal operations were ongoing. The project was awarded by Priora Suisse AG. The contract is worth around EUR 46.5m (approx. CHF 50m).
PORR to build the new site of the Supreme Audit Office
Vienna/Prague, 21.07.2020 – PORR has been entrusted with realising the new office building of the Supreme Audit Office in Prague. The contract is the first major public project in the Czech Republic to be realised in accordance with the FIDIC Yellow Book (design & build). It will simultaneously serve as a pilot project to fully utilise the trailblazing methods of Building Information Modeling...
PORR secures major project in Viennese residential construction
Vienna, 09.07.2020 – The urban development area “Neu Marx” in Vienna’s third district continues to grow. Following the successful excavation of the pit for the Q-Tower on the project THE MARKS, the building construction contract for erecting this modern residential tower block has also been awarded to PORR. The planned 114m-tall building will offer diverse forms of urban living across a total of...