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Press releases


19 Press release(s)

PORR wins next infrastructure project in Poland

S16 expressway Warsaw, 02.06.2020 – On 28 May 2020, PORR S.A. and the Polish General Directorate for National Roads and Motorways (GDDKiA) signed a contract for the design and construction of the S16 expressway Olsztyn-Ełk in the section from Borki Wielkie to Mrągowo. The 13km-long expressway section will be built within a three-year period along with the construction of the Mrągowo ring road....
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PORR acquires shares in PropTech supplier Pocket House

First mover in digital facility and neighbourhood management Vienna, 28 May 2020 - On 16 April 2020, PORR Beteiligungen und Management GmbH and Schertler Holding GmbH each acquired 25.1% of Pocket House GmbH. The fledgling software development company is among the leading experts in the PropTech sector in the DACH region. PORR's interest was acquired via the direct purchase of shares as well as...
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PORR has solid start with first quarter 2020

Year starts with top order backlog of EUR 7.3 bn First COVID-19 impacts on production output and earnings Focus on transformation and liquidity Long-term trend intact – construction industry benefits Vienna, 27.05.2020 – PORR has had a solid start to 2020. The high order backlog of more than EUR 7 bn also provides a solid foundation. Production output stood at EUR 942m, of which 94% was...
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Expressway S1 PORR wins another infrastructure contract in Poland

Vienna/Warsaw, 18.05.2020 – A consortium of PORR S.A. (lead) and Mota-Engil Central Europe has signed a contract with Poland’s General Directorate for National Roads and Motorways (GDDKiA) to design and build the 15km-long section of the S1 expressway from Oświęcim to Dankowice. It is the longest of the three sections planned as part of the new S1 between Mysłowice and Bielsko-Biała. The contract...
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PORR: Record order backlog provides grounds for confidence

Top values in production output and order backlog Earnings of EUR 37.4m achieved as per guidance Non-payment of dividend as precautionary measure and sign of solidarity Long-term trend intact – construction industry benefits Vienna, 27.04.2020 – PORR has concluded its year of consolidation, 2019, with a robust foundation. Stability is ensured by the strong order backlog of more than EUR...
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PORR hands over the Gleisarena with its innovative glass brick facade at Zurich central station

Zurich/Vienna, 02.04.2020 – On Tuesday, after approximately two and a half years of construction, total service and general contractor PORR handed over the Gleisarena to the client SBB Immobilien. PORR was commissioned by SBB Immobilien to construct a multi-purpose building alongside the train tracks at Zurich central station. The most striking element of this project is the innovative glass brick...
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Preliminary figures 2019: PORR with strong order backlog, guidance confirmed

Production output of EUR 5.6 bn again at record level Momentum from high order backlog of EUR 7.1 bn Guidance for earnings and dividends confirmed Stable net debt, strong liquidity 2020 targets: Output at previous year’s level EBT margin 2020: 1.3% - 1.5%   Vienna, 10.03.2020 – PORR ended its 2019 year of consolidation with a high order backlog that again surpassed the...
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PORR to modernise strategically important railway section of the E59 in Poland

Warsaw / Vienna, 05.02.2020 – PORR S.A. has been commissioned by PKP Polskie Linie Kolejowe to modernise the E59 section between Krzyż and Dobiegniew. The value of the contract amounts to approximately EUR 88m (PLN 374m). The project will be completed in the fourth quarter of 2022.
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PORR starts into 2020 with successful EUR 150 million hybrid issue

Volume of EUR 150 million placed above expectations Interest rate at 5.375 % lower than last issue due to high demand Partial repurchase of the 2017 hybrid bond   Vienna, 31 January 2020 – PORR AG has successfully completed the issue of a subordinated bond (hybrid bond), including the upstream partial repurchase of the hybrid bond issued in 2017. In total, a nominal amount of around EUR...
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