Metrostav Signs Contract to Build S7 Expressway in Poland

An agreement for the construction of a 20-kilometer section of the S7 Expressway near Gdansk, Poland worth CZK 9 billion has been signed by Metrostav and GDDKiA, the Polish authority responsible for managing roads and motorways. The largest Czech construction company has been awarded the contract thanks to offering the best terms in a call for bids that included nine other bidders. Metrostav's bid was the best as regards price, warranty terms and completion date – with expected completion of the work by October 2018. Another factor in securing the deal was the good reputation that Metrostav has earned in the course of executing other projects in Poland, such as the construction of flood-protection installations on the Eastern Neisse, a bridge in Chelmek, and most importantly, the reconstruction of a five-kilometer section of the S8 thoroughfare in Warsaw, including the General Stefan Grot-Rowecki Bridge. The last-mentioned project was completed by a joint Czech-Polish team managed by Radim Čáp, who will oversee the upcoming project in the Pomerania region. "Since Metrostav possesses extensive experience with the construction of road infrastructure, I am convinced that we will complete this project fully in accordance with the plan. The main objective of this undertaking is to build a four-lane expressway, which will improve driving comfort and traffic safety. The new section will be 20.5 kilometers long and will mostly span an area with a low bearing value in the Visla River delta. The project will include a one-kilometer bridge over the Visla worth approximately CZK 1.1 billion, and the application of 11 different technologies that will improve the quality of the subsoil worth roughly CZK 4 billion," explained Čáp. To facilitate winning additional contracts in Poland, Metrostav has established a local subsidiary, Metrostav Polska Spolka Akcyjna, the managing director of which is Radim Čáp. The firm's first project will be the reconstruction of the Marsa-Žolnierska road in Warsaw worth one billion crowns, for which Metrostav has offered the best conditions. Metrostav's CEO Pavel Pilát explains, "The situation on the Czech market has been difficult during the past six years. In order to keep together specialized teams that have been built over many years, we are forced to seek opportunities abroad. Although construction work is difficult to export, our current revenues from contracts abroad, excluding subsidiaries, account for more than 20% of all revenues. We are working or have recently worked in such countries as Iceland, Norway, Finland, Belarus, Slovakia, and others." The latest result of Metrostav's expansion abroad is the establishment of METROSTAV ANKARA İNŞAAT TAAHHÜT SANAYİ VE TİCARET ANONİM ŞİRKETİ, a joint venture set up by Metrostav in Turkey with the local company Ankara Insaat. Prague/Gdansk, October 9, 2015