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18 Press release(s)

Two become one: PORR merges Polish subsidiaries

Warsaw, 4 May 2017 – With the fusion of PORR Polska Infrastructure and PORR Polska Construction, the PORR management anticipates further dynamic growth on the Polish market. Potential, synergies and expertise are set to be exploited even more effectively and the team deployed more efficiently. With over 1,500 staff members, the new PORR S.A. should generate production output of over PLN 2 bn...
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PORR gives convincing performance in 2016 with renewed increases in output and earnings

Production output up to EUR 3,925m, +11.4%EBT improves by 12.3% to EUR 91.1m Order backlog of EUR 4,804m at record levelPositive outlook for 2017 business year  Vienna, 25 April 2017 – In 2016 PORR continued with its successful course and achieved new highs in output, earnings and the order backlog, despite a difficult backdrop. Production output of EUR 3,925m was up by 11.4% against the...
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PORR Polska awarded tender to modernise the railway line from Poznań to Piła

Tender volume: approx. EUR 114m
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PORR closes takeover of Heijmans Oevermann GmbH.

Vienna/Munich, 21 April 2017 – The purchase of Heijmans Oevermann GmbH by PORR Deutschland GmbH is complete as of today: PORR announced in March that it had signed the share purchase agreement and in the meantime the responsible competition authorities have given their approval. With this takeover, PORR has strengthened its service range in traffic construction and building construction and is...
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PORR expands traffic expertise in Germany

Takeover of Heijmans Oevermann GmbH signed
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PORR AG: Successful placement of EUR 125m hybrid bond

Vienna, 2 February 2017 – PORR AG, a leading construction company in Austria and one of the most well-established in Europe, has successfully concluded the issue of a subordinated bond (hybrid bond). A total volume of EUR 125m was placed with national and international investors. PORR managed to substantially expand its investor base and the issue was significantly oversubscribed. As a result of...
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PORR Deutschland to build section of the U5 city rail line in Frankfurt

Tender volume: over EUR 120m.
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PORR takeover of Franki Grundbau finalised.

Munich/Vienna, 18 January 2017 – PORR Deutschland GmbH’s purchase of the longstanding, specialist civil engineering company Franki Grundbau GmbH & Co. KG, headquartered in Seevetal, was finalised yesterday. In December last year PORR announced the signing of the share purchase agreement, since when the approval of the responsible competition authorities has been granted. With this acquisition...
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