Strabag stock completes Romanian railway acquisition

Published on 10/06/2026 at 17:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Strabag stock was last at EUR 103.40 on October 2, 2026, after the group completed a Romanian railway acquisition. First-half output rose 12% year over year.

Strabag, AT000000STR1, Illustration mit AI erstellt.

Strabag stock was last at EUR 103.40 on the Vienna Stock Exchange on October 2, 2026, up 0.78% from the EUR 102.60 reference price. The company then completed its acquisition of Romanian railway specialist BAWI Construction, adding a concrete infrastructure expansion to the strong first-half operating picture.

Romanian railway deal closes

According to STRABAG on October 1, 2026, the group completed the purchase of 100% of BAWI Construction SRL. The Bucharest-based company specializes in railway infrastructure services and generated EUR 60 million of output volume in 2025, while bringing 240 employees into the group.

The transaction strengthens Strabag's railway construction activities in Romania and broadens its presence in South-Eastern Europe. Its timing matters because the company's first-half order backlog already reached EUR 36 billion, creating visibility across infrastructure markets.

Backlog supports higher targets

In its first-half 2026 earnings call, Yahoo Finance reported that Strabag's output volume reached EUR 10 billion, up 12% year over year. EBIT rose 35% to EUR 174 million, while net income after minorities reached EUR 119 million versus EUR 95 million in the first half of 2025.

The order backlog increased 27% year over year to EUR 36 billion, and the backlog-to-output ratio reached 1.6 years. That combination gives the acquisition a larger strategic setting: BAWI adds railway capabilities to a group already expanding in transport, energy and water infrastructure.

Management raised its 2026 EBIT margin guidance to 5.5% to 6%, from 5% to 5.5%, according to Yahoo Finance. The higher range is the key profitability test, because first-half EBIT margin was 1.9% and seasonal effects make the interim figure less representative of the full year.

Stock remains below yearly high

On October 2, 2026, the Vienna quote opened at EUR 101.80, reached a daily high of EUR 103.40 and touched a low of EUR 101.40. The 0.78% daily gain therefore came with a close to the session high, while the share price remained below the 52-week high of EUR 109.40 reported on September 25, 2026.

For investors, the next measurable checkpoint is the conversion of the EUR 36 billion backlog into margins and cash generation. The company is scheduled to publish its January to September 2026 trading statement on November 12, 2026, according to the STRABAG investor-relations page.

Strabag stock at EUR 103.40

Strabag stock was last at EUR 103.40 on the Vienna Stock Exchange on October 2, 2026 at 5:35 p.m. CET, with a 0.78% daily gain and a EUR 101.40 to EUR 103.40 session range.