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</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org" style="font-size: 125%;">STRABAG SE</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span typeof="mw:File"></span></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><i><a href="Societas_Europaea" title="Societas Europaea">Societas Europaea</a></i></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><a href="Wiener_B%C3%B6rse" title="Wiener Börse">WBAG</a>:&nbsp;<a rel="nofollow" class="external text" href="https://www.wienerborse.at/en/search/?q=STR">STR</a></td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="Construction" title="Construction">Construction</a></td></tr><tr><th scope="row" class="infobox-label">Predecessor</th><td class="infobox-data">Allgemeine Hoch- und Ingenieurbau&nbsp;<span class="penicon autoconfirmed-show"></span></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">1835</td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data label"><a href="Vienna" title="Vienna">Vienna</a>, <a href="Austria" title="Austria">Austria</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent">Kerstin Gelbmann (<a href="Chairwoman" class="mw-redirect" title="Chairwoman">Chairwoman</a> of the <a href="Supervisory_board" title="Supervisory board">supervisory board</a>)<br>Stefan Kratochwill (<a href="Chief_executive_officer" title="Chief executive officer">CEO</a>)</td></tr><tr><th scope="row" class="infobox-label">Services</th><td class="infobox-data category"><a href="Building" title="Building">Building</a> construction and <a href="Civil_engineering" title="Civil engineering">civil engineering</a>; <a href="Infrastructure" title="Infrastructure">infrastructure</a> construction; <a href="Tunnel" title="Tunnel">tunnelling</a>; <a href="Facility_management" title="Facility management">facility management</a></td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><a href="Euro" title="Euro">€</a>17,422 million (2024)<sup id="cite_ref-AR_1-0" class="reference"><a href="#cite_note-AR-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="Earnings_before_interest_and_taxes" title="Earnings before interest and taxes">Operating income</a></div></th><td class="infobox-data">€1,062 million (2024)<sup id="cite_ref-AR_1-1" class="reference"><a href="#cite_note-AR-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="Net_income" title="Net income">Net income</a></div></th><td class="infobox-data">€828 million (2024)<sup id="cite_ref-AR_1-2" class="reference"><a href="#cite_note-AR-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="Asset" title="Asset">Total assets</a></span></th><td class="infobox-data">€14,675 million (2024)<sup id="cite_ref-AR_1-3" class="reference"><a href="#cite_note-AR-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">78,175 (2024)</td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><a rel="nofollow" class="external text" href="http://www.strabag.com/">www.strabag.com</a></td></tr></tbody></table>
<p><b>STRABAG SE</b> is an Austrian international <a href="Technology" title="Technology">technology</a> <a href="Corporate_group" title="Corporate group">group</a> for the <a href="Built_environment" title="Built environment">built environment</a> based in <a href="Spittal_an_der_Drau" title="Spittal an der Drau">Spittal an der Drau</a>, Austria, with its headquarters in <a href="Vienna" title="Vienna">Vienna</a>. It is the largest construction company in <a href="Austria" title="Austria">Austria</a> and one of the largest construction companies in <a href="Europe" title="Europe">Europe</a>. The company is active in its home markets Austria and Germany and in all countries of Central, Eastern and South-East Europe, in selected markets in Western Europe, on the <a href="Arabian_Peninsula" title="Arabian Peninsula">Arabian Peninsula</a>, as well as in <a href="Australia" title="Australia">Australia</a>, <a href="Canada" title="Canada">Canada</a>, <a href="Chile" title="Chile">Chile</a>, <a href="China" title="China">China</a> and <a href="India" title="India">India</a>. In these markets STRABAG has subsidiaries or operates on a project-basis.
</p>
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<div class="mw-heading mw-heading2"><h2 id="History">History</h2></div>
<div class="mw-heading mw-heading3"><h3 id="Origins">Origins</h3></div>
<p>The business has its origins in two businesses:
</p>
<ul><li>Baumeister Lerchbaumer-Isola-KG, which was founded as a craft workshop business known in 1835.<sup id="cite_ref-auto_2-0" class="reference"><a href="#cite_note-auto-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> The business was developed by Anton Lerchbaumer (1879–1954)<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> and his son-in-law, Franz Isola (1901–1968). It evolved to become Baumeister Lerchbaumer-Isola-KG in 1929. In 1954 Anton Lerchbaumer senior died. Franz Isola became the sole manager of the largest private building company in Austria. In 1968 Franz Isola died and Anton Lerchbaumer junior (1913–1974) became manager of the company. The company became known as ILBAU AG in 1972.<sup id="cite_ref-auto_2-1" class="reference"><a href="#cite_note-auto-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup></li>
<li>Strassenwalzenbetrieb was founded in 1895 and known as STRABAG from 1930.<sup id="cite_ref-history_4-0" class="reference"><a href="#cite_note-history-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup></li></ul>
<div class="mw-heading mw-heading3"><h3 id="Holocaust_profiteering">Holocaust profiteering</h3></div>
<p>Strabag was one of the main profiteers of the Nazi building projects during <a href="World_War_II" title="World War II">Second World War</a> and before. It was a main contractor of <a href="Todt_organisation" class="mw-redirect" title="Todt organisation">Todt organisation</a> and built concentration camps, the <a href="Westwall" class="mw-redirect" title="Westwall">Westwall</a> and Norway's <a href="Blood_Road" title="Blood Road">Blood Road</a>.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> The British Secret Service report concluded "[. . .] Enough large building firms offered their services to put the entire construction [of the Westwall, S.G.] on a voluntary basis. [. . .] Nor is there any basis later for assuming that firms in any large numbers became so reluctant to work for the OT as to make mass conscriptions of such concerns necessary. This willingness is due to the attractive profits obtainable from OT contracts."<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading3"><h3 id="Later_history">Later history</h3></div>
<p>These two businesses came under the common ownership of BIBAG Bauindustrie Beteiligungs Aktiengesellschaft (subsequently renamed STRABAG SE) – a company listed on the <a href="Wiener_B%C3%B6rse" title="Wiener Börse">Vienna Stock Exchange</a> – in 1998.<sup id="cite_ref-history_4-1" class="reference"><a href="#cite_note-history-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> In 1999, STRABAG acquired Strabag. In the same year, the company was delisted from the Vienna Stock exchange.<sup id="cite_ref-history_4-2" class="reference"><a href="#cite_note-history-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup>
</p><p>In 2000, the holding company Bauholding STRABAG (or STRABAG SE since 2006) started a strong brand strategy throughout Europe, unifying all under the core brand "STRABAG". In Austria ILBAU and STUAG merged into the new STRABAG AG. The following year, the holding company became the major shareholder in German company STRABAG AG (based in Cologne).<sup id="cite_ref-history_4-3" class="reference"><a href="#cite_note-history-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup>
</p><p>Subsequent acquisitions included Deutsche Asphalt GmbH<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> in 2002, Walter Bau Group in 2005, a majority stake in Ed. Züblin in 2005, Adanti SpA, KIRCHNER Holding GmbH, F. Kirchhoff AG and Deutsche Telekom Immobilien und Service GmbH in 2008.<sup id="cite_ref-history_4-4" class="reference"><a href="#cite_note-history-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup>
</p><p>In 2007, STRABAG SE launched its <a href="Initial_public_offering" title="Initial public offering">initial public offering</a> on the Vienna Stock exchange.<sup id="cite_ref-history_4-5" class="reference"><a href="#cite_note-history-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup>
</p><p>In December 2013 the Supreme Court of the Slovak Republic confirmed that one of the companies of the STRABAG Group participated in bid rigging cartel of construction companies (together with companies of <a href="Skanska" title="Skanska">Skanska</a> group and <a href="Mota-Engil" title="Mota-Engil">Mota-Engil</a> group) in 2004. Illegal conduct was associated with the tender for the execution of works for the construction of the D1 highway from <a href="Mengusovce" title="Mengusovce">Mengusovce</a> to <a href="J%C3%A1novce" title="Jánovce">Jánovce</a> in Eastern Slovakia.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup>
</p><p>In May 2022, Thomas Bull, a director appointed by the third largest shareholder, Rasperia Trading, which is owned by Russian entrepreneur <a href="Oleg_Deripaska" title="Oleg Deripaska">Oleg Deripaska</a>, was removed from the board to ensure compliance with the <a href="International_sanctions_during_the_Russian_invasion_of_Ukraine" title="International sanctions during the Russian invasion of Ukraine">EU sanctions</a> against Deripaska.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup>
</p><p>In October 2024, Strabag sold its 6% shareholding in <a href="GySEV" class="mw-redirect" title="GySEV">GySEV</a> to the <a href="Government_of_Hungary" title="Government of Hungary">Government of Hungary</a>.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Structure">Structure</h2></div>
<p>The company is organised into the following divisions: North &amp; West, International &amp; Special Divisions, South &amp; East.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Major_projects">Major projects</h2></div>

<p>Major projects have included the <a href="Alte_Weser_(lighthouse)" class="mw-redirect" title="Alte Weser (lighthouse)">Alte Weser Lighthouse</a> in the <a href="North_Sea" title="North Sea">North Sea</a> completed in 1964,<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> <a href="Basra_International_Airport" title="Basra International Airport">Basra International Airport</a> in <a href="Iraq" title="Iraq">Iraq</a> completed in 1988,<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> the <a href="Copenhagen_Metro" title="Copenhagen Metro">Copenhagen Metro</a> in <a href="Denmark" title="Denmark">Denmark</a> completed in 2002,<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> the <a href="Manapouri_Hydroelectric_Power_Station" class="mw-redirect" title="Manapouri Hydroelectric Power Station">Manapouri Second Tailrace Tunnel</a> in <a href="New_Zealand" title="New Zealand">New Zealand</a> completed in 2002,<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> the <a href="Sofia_Airport" class="mw-redirect" title="Sofia Airport">Sofia Airport Second Terminal</a> in <a href="Bulgaria" title="Bulgaria">Bulgaria</a> completed in 2006,<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup> the <a href="Vrmac_Tunnel" title="Vrmac Tunnel">Vrmac Tunnel</a> in <a href="Montenegro" title="Montenegro">Montenegro</a> completed in 2007,<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> the <a href="Limerick_Tunnel" title="Limerick Tunnel">Limerick Tunnel</a> in <a href="Ireland" title="Ireland">Ireland</a> completed in 2010<sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> and the <a href="Niagara_Tunnel_Project" title="Niagara Tunnel Project">Niagara Third Hydro Tunnel</a> in <a href="Canada" title="Canada">Canada</a> completed in 2013.<sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup>
</p><p>From 2012 to 2015, STRABAG worked on the rehabilitation and extension of the Bus Rapid Transit Infrastructure in <a href="Dar_es_Salaam" title="Dar es Salaam">Dar es Salaam</a>, <a href="Tanzania" title="Tanzania">Tanzania</a>.<sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup>
STRABAG is also involved in <a href="High_Speed_2" title="High Speed 2">HS2</a> lots S1 and S2, working as part of a joint venture, due to complete in 2031.<sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Shareholders">Shareholders</h2></div>
<p>The largest shareholders as at April 2025 were: UNIQA Raiffeisen Group with a 31.9&nbsp;% stake, <a href="Hans_Peter_Haselsteiner" title="Hans Peter Haselsteiner">Hans Peter Haselsteiner</a>'s family with a 30.7% stake and Cyprus-based Rasperia Trading with a 24.1% stake.<sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup> In September 2022 the company launched a buyback program.<sup id="cite_ref-25" class="reference"><a href="#cite_note-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="References">References</h2></div>
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</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.strabag.com/site/strabag-company-locale/get/params_E-1321832779/1682363/STRABAG_Annual%20Financial%20Report%202024_e.pdf">"Annual Report 2024"</a> <span class="cs1-format">(PDF)</span>. STRABAG<span class="reference-accessdate">. Retrieved <span class="nowrap">11 August</span> 2025</span>.</cite></span>
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</style><div id="23x15px&amp;#124;border_&amp;#124;alt=Austria&amp;#124;link=Austria_ATX_companies_of_Austria154" style="font-size:114%;margin:0 4em"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="Austria" title="Austria"></a></span></span> <a href="Austrian_Traded_Index" title="Austrian Traded Index">ATX</a> companies of <a href="Austria" title="Austria">Austria</a></div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Andritz_AG" title="Andritz AG">Andritz</a></li>
<li><a href="AT%26S" title="AT&amp;S">AT&amp;S</a></li>
<li><a href="Austrian_Post" title="Austrian Post">Austrian Post</a></li>
<li><a href="BAWAG" title="BAWAG">BAWAG</a></li>
<li><a href="CA_Immo" title="CA Immo">CA Immo</a></li>
<li><a href="Do_%26_Co" title="Do &amp; Co">Do &amp; Co</a></li>
<li><a href="Erste_Group" title="Erste Group">Erste Group</a></li>
<li><a href="EVN_Group" title="EVN Group">EVN Group</a></li>
<li><a href="Immofinanz" title="Immofinanz">Immofinanz</a></li>
<li><a href="Lenzing_AG" title="Lenzing AG">Lenzing</a></li>
<li><a href="Mayr-Melnhof" title="Mayr-Melnhof">Mayr-Melnhof Karton</a></li>
<li><a href="OMV" title="OMV">OMV</a></li>
<li><a href="Raiffeisen_Bank_International" title="Raiffeisen Bank International">Raiffeisen Bank International</a></li>
<li><a href="S_IMMO" title="S IMMO">S IMMO</a></li>
<li><a href="Schoeller-Bleckmann_Oilfield_Equipment" title="Schoeller-Bleckmann Oilfield Equipment">Schoeller-Bleckmann Oilfield Equipment</a></li>
<li><a href="Uniqa" class="mw-redirect" title="Uniqa">Uniqa</a></li>
<li><a href="Verbund" title="Verbund">Verbund</a></li>
<li><a href="Voestalpine" title="Voestalpine">Voestalpine</a></li>
<li><a href="Vienna_Insurance_Group" title="Vienna Insurance Group">Wiener Städtische</a></li>
<li><a href="Wienerberger" title="Wienerberger">Wienerberger</a></li></ul>
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</style></div><div role="navigation" class="navbox authority-control" aria-labelledby="Authority_control_databases_frameless&amp;#124;text-top&amp;#124;10px&amp;#124;alt=Edit_this_at_Wikidata&amp;#124;link=https&amp;#58;//www.wikidata.org/wiki/Q681316#identifiers&amp;#124;class=noprint&amp;#124;Edit_this_at_Wikidata850" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Authority_control_databases_frameless&amp;#124;text-top&amp;#124;10px&amp;#124;alt=Edit_this_at_Wikidata&amp;#124;link=https&amp;#58;//www.wikidata.org/wiki/Q681316#identifiers&amp;#124;class=noprint&amp;#124;Edit_this_at_Wikidata850" style="font-size:114%;margin:0 4em">Authority control databases </div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">International</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://isni.org/isni/0000000417879349">ISNI</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://viaf.org/viaf/125357755">VIAF</a></span></li></ul></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">National</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><span class="rt-commentedText tooltip tooltip-dotted" title="Strabag SE"><a rel="nofollow" class="external text" href="https://d-nb.info/gnd/10357421-9">Germany</a></span></span></li></ul></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://lux.collections.yale.edu/view/group/59902dfb-21dc-4a19-865c-44ac837771e8">Yale LUX</a></span></li></ul></div></td></tr></tbody></table></div></div><!--htdig_noindex--><div><div class="zim-footer">
This article is issued from <a class="external text" title="Last edited on 2025-06-09" href="https://en.wikipedia.org/wiki/?title=Strabag&amp;oldid=1294753056">Wikipedia</a>. The text is available under <a class="external text" href="https://creativecommons.org/licenses/by-sa/4.0/deed.en">Creative Commons Attribution-Share Alike 4.0</a> unless otherwise noted. Additional terms may apply for the media files.
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