PORRPenang Outer Ring Road
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PORR has been present in GCC (Qatar) since 2011 and is involved in some of the most important infrastructure projects including the construction of the Doha Metro and the Al Wakrah Stadium, one of the venues of the 2022 FIFA World Cup, currently under construction.
As reported previously, on 6 March 2017, Heijmans reached agreement concerning the sale of all shares in Heijmans Oevermann GmbH to PORR Deutschland GmbH, a subsidiary of the Austrian construction group PORR AG.
PORR made an impression in the tender phase with its customised solutions, thereby achieving significant savings compared to the original construction works, said Karl-Heinz Strauss, CEO of PORR AG.
Abdullah Al-Subaie awarded memorandum trophies to Jassim Al Ansari, Green Line project director at Qatar Rail's Doha Metro, and Guenther Heilmayer, the project director for PSH Joint Venture of Doha Metro led by PORR and including Saudi Bin Laden Group and HBK.
The demolition and new construction of the bridge over the Rhine will require PORR to apply its entire knowhow and we will provide all construction services from a single source, said CEO Karl-Heinz Strauss on the major order in Germany.
Qatar Rail praised the "safe work" of its construction contractors, led by Austrian firm PORR and its joint venture partners Saudi Bin Laden Group and HBK.
The 18 companies up for sale are ARB Holding, Erfurter Spezialbau, Fritz & Co Baugesellschaft, Froehlich Bau- und Zimmereiunternehmen, Grund-, Pfahl- und Sonderbau, Grund- und Sonderbau, HAZET Bauunternehmung, Hoch & Tief Bau Beteiligungs GmBH, Kloecher Baugesellschaft, Konrad Beyer & Co Spezialbau, MAS Bau-Projekt, OeKOTECHNA Entsorgungs- und Umwelttechnik, PORR ALPINE Austriarail, Raststaetten Betriebs GmbH, Schauer Eisenbahnbau, STRAKA Bau, TAKUS Beteiligungs GmbH and Universale Bau GmbH.
In the first nine months of 2017 PORR generated production output of EUR 3,343m, thereby achieving an increase of 19.
Austrian contractor PORR may be risk-averse, but its 144-year history and its specialist tunnelling knowledge is paying dividends in the Middle East.
PORR is the first listed company in Austria to receive three certificates for its Compliance Management System: in addition to the Austrian standard ONR 192050, the construction company has fulfilled the requirements of the international norms ISO 19600 and the new ISO 37001 Anti-Bribery Management Systems.
PORR AG announces that Christian Benedict Maier has resigned as Chief Financial Officer of PORR AG, effective 31 December 2017.