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Astaldi: 171mln contract in Poland to renovate rail line

The work is worth 171mn, Astaldi plays leading role

15 May, 19:30
(ANSA) - ROME - Astaldi Group was awarded the contract to renovate the N-7 railway line, Warsaw-Wschodnia-Osobowa-Dorohusk. The work is worth 171mn, Astaldi being the leader of a business group and at 65%, a note from the industrial group reported. The contract involves the demolition, reconstruction and extension of the N-7 railway line, about 68km long, (Lot C, from 107,283 Km to 175,850 Km), including Lublin railway station. The contract also includes the implementation of level crossings and new service and access roads, as well as related works of art and additional works. The renovation work is expected to last approximately 2 years. The contractor is PKP (Polskie Linie Kolejowe S.A.), public company running the Polish railway infrastructure. Astaldi will carry out the work through a group of companies including Zhol Zhingeushi (25%, Kazakhstan), PBDiM (5%, Poland) and C.L.F. (5%, Italy). The works will be funded by the EU and state budgets.

This new contract is part of the Astaldi's business strategy, which, accordig to the 2017-2021 strategic plan, is aiming at strengthening its position in Central Europe, in countries where Astaldi can already rely on a historical presence in transport infrastructure. In Poland, Astaldi manages a project portfolio which is worth about € 1bn. (ANSA).

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