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NewswireTODAY - /newswire/ -
Nanterre, Hauts-de-Seine, France, 2024/12/19 - VINCI Construction has been awarded two substantial transport infrastructure construction contracts for the Czech Republic’s Ministry of Transport - VINCI.com. CAC 40; Euronext 100
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• Construction of the eastern section of the Prague Ring Road;
• Modernisation of the rail hub at Česká Třebová station;
• Total contract value for VINCI: €417 million.
Eurovia CZ and Stavby mostů, two Czech VINCI Construction subsidiaries, in a 50-50 consortium with Austrian group PORR (50/50), will build a new section of the ring road east of Prague. The 12.6 km stretch will ease through traffic inside the capital. The works, worth €385 million in total, will begin in the first quarter of 2025 and be completed in 2027. They include construction of 19 bridges, two tunnels, four level crossings, two bridges for pedestrians and cyclists, and noise barriers.
In Česká Třebová (Bohemia), a consortium1 led by Eurovia CZ will be involved in modernising the rail hub in Central Europe’s largest freight station. The works, worth €663 million in all, will start in the first quarter of 2025 and be completed in 2032. They in particular include refurbishing the existing track and setting up the European Train Control System (ETCS) on it. Materials will be transported by rail to minimise the project’s impact on the environment.
VINCI Construction is a long-standing player in the Czech Republic, where it made over €1 billion in revenue in 2023. The VINCI Group is also active in the country through VINCI Energies, which principally builds electrical infrastructure there, and VINCI Concessions, which holds the public-private partnership contract for the D4 motorway (Via Salis).
1. Eurovia CZ (34 %), Strabag, Chláděk & Tintěra Pardubice and EŽ Praha.
About VINCI
VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.
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