The market for houses with one families has shrunk – things are still going well in the field of infrastructure. Swietelsky also believes that: the construction group that operates from Linz has now received a large order from the Croatian State Railways. Order volume: 189 million euros.
When expanding the Viennese metro lines U2 and U5, Swietelsky is dedicated, also in Holland, Germany, Denmark and the Czech Republic, the knowledge of the railway construction of the construction group operating from Linz is always popular. Now you received a mega order from Croatia: for the Staatsbahnen Hž infrastructure, the reconstruction of two train lines is being implemented.
Completion planned in the summer of 2028
86.5 kilometers of railway line is being renovated and there are also eight train stations and seven stops that are also repaired. The starting signal for the project is already in a few weeks: it starts in April. Completion is planned in the summer of 2028.
“Croatia is an important future market for Swietelsky. With the modernization of the routes we improve regional and national mobility, “says Swietelsky CEO Peter Krammer, who is happy with the mega decision with a volume of around 189 million euros. Nache: “A reliable, modern railway infrastructure is essential for the future of European passenger and freight transport.”
12,000 employees in 21 countries
Swietelsky is the third largest construction company in Austria and currently employs around 12,000 people in 21 countries. The construction work of the group in the financial year 2023/24 amounted to 3.5 billion euros, of which more than half were reached in Austria.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
