Record IPO
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27 February 2008
Strabag SE, Austria's largest contractor, raised € 1.33 billion (US$ 1.91 billion) in its October Initial Public Offering (IPO) of shares. It sold 28.2 million shares – 25% of its capital –for € 47 (US$ 65.8) each in the biggest stock market debut in Austrian history. Existing private share holders sold 9.2 million shares, while 19 million new shares were issued, 3 million of which had been set aside as an over-allotment option.
In the event, Strabag says it had 10 times more applications for shares than it could meet.
The buyer journey is now more complicated than ever before, thanks to the AI world. What should construction marketers do to reach their buyers?
Faced with tight margins, operator shortages and calls for more operational transparency, highway contractors are embracing digitalisation in their cold milling applications
As contractors across the region face tighter margins, operator shortages and growing demands for transparency, automation and digitalisation are becoming increasingly important in cold milling operations