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21.04.2019

Porr: Austrian based building group Porr has won the tender for the design and build of lot 1 of the motorway from Sibiu to Pitesti with a length of 13.17 km. The general contractor contract is worth around Euro 129 mn (RON 612 m). Twelve months have been allocated for the design phase. The construction period will take 36 months and begin in spring 2020. "This latest road construction tender is already the third large-scale motorway construction project realised by Porr in Romania. Our lot is the first section of the route from Sibiu to Pitesti, an East-West link of critical importance to Romania in terms of traffic", said Porr CEO Karl-Heinz Strauss. The motorway from Sibiu to Pitesti will have a total length of 123 km and is situated on the Trans European Rhine-Danube Corridor, serving as one of Europe's most important links to the Black Sea. It is also the first motorway through Carpathia and the first to connect Transylvania with Walachia.
Porr: weekly performance: 6.50%

OMV: OMV, the international, integrated oil and gas company headquartered in Vienna, has concluded the largest 3D seismic survey in European history. It was searching for natural gas. Specifically, the measurements probe the geologic subsurface to depths of up to 6,000 meters and provide information on the composition of structures that may contain gas. A large-scale area of 1,500 km2 was examined, stretching from the northeast of Vienna to Weinviertel, Lower Austria, and southwest of the Danube. The survey spanned nine months in the period from December 2017 to March 2019 – natural protection laws and consideration of farming activities meant that the seismic acquisition was carried out exclusively in the winter months. The survey involved a total of 140,000 geophone stations with two million individual geophones overall. Geophones register and record sound waves reflected by geologic boundaries.  Johann Pleininger, Executive Board member responsible for Upstream and Deputy Chairman of OMV: "This 3D seismic campaign has enabled OMV to generate data of around 700 terabytes – which puts us in the running as a digital frontrunner and forms a basis for future discoveries. A total of around 250 people were involved in the project. Together they put in more than 500,000 working hours, all without a single incident. Safety is the top priority within OMV as every employee needs to get home safe and sound." Now the seismic survey has been successfully completed, it's time to evaluate the data. This will result in a three-dimensional picture of the subsurface, which helps the OMV experts to discover possible gas reservoirs.
OMV: weekly performance: 3.30%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (15/04/2019)


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1. +++ Karl-Heinz Strauss läutet die Opening Bell für Montag. Am 8.4.1869, also exakt heute vor 150 Jahren, ist die Porr an die Börse gegangen. Als Gratulation gibt es eine Sonderstrecke https://boerse-social.com/porr150 http://www.porr.at https://www.facebook.com/groups/GeldanlageNetwork



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