Strabag reports record order backlog of 25.4 billion euros in 2024

STRABAG SE, the publicly listed European technology group for construction services, maintained a stable output volume of 19.2 billion euros in 2024 while expanding the order backlog to a new record high exceeding 25.3 billion euros, up 8 percent on 2023. Net profit after minority interests increased by 31 percent to 823 million euros. The order book grew significantly in Germany, particularly in infrastructure and civil engineering. Significant growth was also reported in Poland, Austria, Slovakia and Romania.

On the Romanian market, STRABAG is active since 1991, establishing its headquarters in Bucharest in 1994. Today, STRABAG SRL, the Romanian subsidiary, has offices in all major cities in the country: Bucharest, Timișoara, Sibiu, Cluj, Brașov and Iași. In Romania, the company operates in all construction sectors, especially in the transport infrastructure, building construction and civil engineering segments, as well as in environmental construction projects, spanning all areas of the construction industry and covering the entire construction value chain.

„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. 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,”, Herbert Schuster, commercial managing director STRABAG Romania, declared.

Outlook 2025: STRABAG SE expects a significant increase in output volume in the financial year 2025 to around 21 billion euros. This forecast is based on the high order backlog and expected contributions from recent acquisitions, e.g. Georgiou Group in Australia. Thus, production volume is expected to increase in all operating segments in 2025.

In Romania, several key milestones are on track for completion in 2025, including the Stay Cable Bridge over the Someș River in Satu Mare, the modernization of the Târgu Mureș Airport, and the Făgăraș Bypass—which is already over 90% complete.

Progress continues on flagship real estate projects like the ARC Office Building in Bucharest and the Academic Hub in Timișoara for the Victor Babeș University of Medicine. Additionally, work is underway on the modernization of DN 73 between Câmpulung and Fundata—a particularly challenging segment due to complex terrain and historical delays. This 37.6 km stretch, managed by ARL Cluj (part of the STRABAG Group), involves extensive works, including road widening, bridge rehabilitation, and the reconstruction of numerous culverts.