STRABAG consortium files for injunction against Pedemontana in Italy
(World News Austria)

Client unjustly invoked a guarantee No material earnings risk expected Vienna, 15 March 2018---In 2012, a consortium led by Austria`s STRABAG AG had been awarded the contract to build the North Milan Bypass as well as a connection between the city of Bergamo with Milan`s Malpensa Airport as part of the Pedemontana motorway project in northern Italy. Recently the client invoked - unjustly, from...