Clean Break: the company completely halting Russian engagements or exiting Russia

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STRABAG Societas Europaea is a public Austrian construction company headquartered in Vienna.

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Revenue(RF), mln.USD
72
Assets(RF), mln.USD
70
Capital(RF), mln.USD
56
Staff(RF), 2021
1390
Glob.Revenue, mln.USD
17902

Austrian construction group Strabag set out details of a planned capital reduction in its latest step aimed at decreasing the stake held by a company belonging to sanctioned Russian shareholder Oleg Deripaska.

The Company Statement
September 11, 2023

Winding down operations in Russia; terminating shareholder syndicate agreements with Deripaska.

December 19, 2023Raiffeisen and Deripaska skirt Russia sanctions with €1.5bn deal
October 02, 2023Strabag to issue new shares to reduce sanctioned Russian businessman's stake
March 15, 2022STRABAG SE: core shareholder Haselsteiner family foundation terminates syndicate agreement / no dividend for Russian company Rasperia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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