STRABAG’s German highway assets increased

STRABAG has increased its stake in the A8 motorway operator PANSUEVIA. This share has been boosted from 50% to 100%. PANSUEVIA operates the autobahn stretch that runs between Ulm and Augsburg in the south of the country. SRABAG purchased the 50% stake in PANSUEVIA that was previously held by HOCHTIEF. As a result, STRABAG is now the 100% owner of the concession company operating the Ulm–Augsburg section of the A8 autobahn. Both parties agreed not to disclose the purchase price however. This section of the

October 4, 2018 Read time: 2 mins

945 STRABAG has increased its stake in the A8 motorway operator PANSUEVIA. This share has been boosted from 50% to 100%. PANSUEVIA operates the autobahn stretch that runs between Ulm and Augsburg in the south of the country.

SRABAG purchased the 50% stake in PANSUEVIA that was previously held by HOCHTIEF. As a result, STRABAG is now the 100% owner of the concession company operating the Ulm–Augsburg section of the A8 autobahn. Both parties agreed not to disclose the purchase price however.

This section of the A8 route is some 58km-long section and was opened to traffic on schedule in September 2015, having taken just over four years to build. PANSUEVIA had designed, financed and carried out the widening of the section to six lanes and took over the maintenance and operation of the section for a period of 30 years. Construction was carried out by a joint venture consisting of STRABAG Großprojekte, HOCHTIEF Infrastruktur and Ed Züblin AG. The refinancing was concluded successfully in June 2016.

Finance & Funding

For more information on companies in this article

Strabag

Financing model confirmed for German Autobahn

The refinancing package for Germany’s A8 Autobahn has now been formalised. The section of the A8 runs between Ulm and Augsburg in the south of Germany and is operated by concession firm Pansuevia, a 50:50 partnership between HOCHTIEF and STRABAG. The 58 km section of the A8 between Ulm and Augsburg was opened to traffic on schedule in September 2015 after four years of construction. PANSUEVIA designed, financed, and carried out the widening of the section to six lanes and took over maintenance and operation

July 7, 2015

Germany builds its first major PPI autobahn project

May 19, 2016

A third of Mecklenburg Vorpommern state roads in poor condition

Only 44% of roads in the northeastern German state of Mecklenburg Vorpommern are in good or very good condition, according to a transport infrastructure report presented to the German parliament. Also, a third are in poor or very poor condition. The state - the least densely populated in all Germany - performed well compared to other states, according to German media reports. But there are more than 600km where the damage is so bad that it must be repaired as soon as possible or at least be closely m

February 28, 2012