OHL prospers in Eastern Europe with three new contracts in the Czech Republic, Slovakia and Russia

February 26, 2013

OHL has secured three new construction contracts in the Czech Republic, Slovakia and Siberia (Russia), strengthening the Group’s presence in Eastern Europe and, as such, in the international market. The three projects, with a joint budget of 194 million euros, have been awarded to the Czech affiliate OHL ŽS.

Railway in the Czech Republic

With a budget of 57.5 million euros, the contract in the Czech Republic consists of modernizing the 11.4 km Tábor-Sudomerice stretch of railway, on the Ceské Budejovice-Praga line within the forth railway corridor.

The project aims to raise the maximum speed of the line to 160 km/h, increasing the performance, lifespan, comfort and safety of the line. For this, the primary work will focus on duplicating the railway line and geometrically altering the main tracks. Special importance will be given to extending the line from the end of the current station of Tábor, the departure point for the line to Prague, up to the limit of the project at the end of the current station of Sudomerice.

Highway in Slovakia

The contract secured in Slovakia consists of drafting the project documentation and constructing the Hubová-Ivachnová section of the D1 highway. The total budget of this contract is 227.3 million euros. OHL ŽS holds a 45% share in the contracted TBA, resulting in earnings of 102.3 million euro for the company.

The highway section is 15.3 km long with a total carriage width of 26.5 m and is built for a maximum speed of 100 km/h. The project includes a 2,026 m long tunnel, 3 intersections, 21 bridges – totaling 4,845 m -, 13 retaining walls and a large rest area.

The D1 highway is the Slovak Republic’s main transport line, linking the country with Austria and Ukraine. It also forms part of the V.A corridor in Slovakian territory, on the Bratislava-Žilina-Košice-Užhorod (Ukraine) route, in accordance with the routes of the European multimodal transport corridors defined at the 1994 Pan-European Transport Conference in Crete.

Hotel in Siberia (Russia)

Finally, OHL ŽS has secured the Group’s third project in Russia by winning the Novosibirsk Hotel construction contract in the Siberia city of the same name. Novosibirsk is the third most densely populated city in Russia, behind Moscow and Saint Petersburg and is also Russia’s third most visited city, in addition to being the trading, financial and cultural center of Siberia.

The four star hotel will be built in the heart of the city, with 11 floors and a budget of 34.1 million euros.