Business Forum • 29 April, 2025 at 4:15 PM
Strabag, the European technology group for construction services, has reported a stable output volume of €19.2 billion in 2024, with a record order backlog reaching over €25.3 billion, an 8% increase from 2023. The company's net profit after minority interests rose by 31% to €823 million.
The company has seen significant growth in several regions, including Romania, where the order backlog for the Romanian subsidiary, increased by 32% to €653 million.
In Romania, the company is involved in all construction sectors, with a strong presence in transport infrastructure, building construction, civil engineering, and environmental construction projects.
"In 2024, we've been more focused than ever on building for the long term: investing in better ways of working, smarter technologies, and more sustainable practices," stated Herbert Schuster, commercial managing director of Strabag Romania. "The trust our partners show us confirms we're moving in the right direction, and we're confident this positive momentum will carry throughout 2025."
The company has expanded its local footprint, opening new offices in Iași and Brașov, and consolidating teams in Timișoara to enhance collaboration.
Looking ahead to 2025, Strabag anticipates a significant increase in output volume to around €21 billion, driven by the high order backlog and recent acquisitions.
In Romania, key projects are on track for completion in 2025, including the Stay Cable Bridge over the Someş River, the modernization of Târgu Mureş Airport, and the Făgăraş Bypass.