DGAP-News

BAUER Aktiengesellschaft: BAUER Group awarded its biggest ever specialist foundation engineering contract in Germany

DGAP-News: BAUER Aktiengesellschaft / Key word(s): Incoming
Orders/Contract
BAUER Aktiengesellschaft: BAUER Group awarded its biggest ever
specialist foundation engineering contract in Germany

14.06.2013 / 11:10

---------------------------------------------------------------------

Schrobenhausen - In June, BAUER Spezialtiefbau GmbH, a BAUER Group company,
acquired its biggest ever contract to date in Germany. As part of a joint
venture, Bauer has been contracted to carry out the specialist foundation
engineering works on the tunnels and supporting walls for the new
double-tracked bypass rail link between Hanau and Nantenbach in the
Spessart region. The project is worth some EUR 47 million to BAUER
Spezialtiefbau GmbH.

The roughly seven kilometre long new track will reduce noise pollution for
local residents. The work also includes the building of new stations and
the renovation of a number of stations. The line will replace the existing
route through the Schwarzkopf tunnel, which cannot be modernized for
economic and technical reasons.

The works which Bauer has been assigned on the two contracted sections
include the installation of 53,000 square metres of pile wall as well as
eight kilometres of anchors for the four new tunnel constructions. One of
the technical challenges of the project is the need to drill into hard rock
in places. Several Bauer BG 28 and BG 40 rotary drilling rigs along with
anchor drilling rigs will be deployed. At peak times up to 10 rigs will be
operating simultaneously.

Chairman of the Management Board of BAUER AG Professor Thomas Bauer
comments: 'This is a great contract for us in our home market, and it is
indeed our biggest contract in Germany to date. After having recently
completed work on the large-scale Luise-Kiesselbach-Platz project in
Munich, we have now once again secured a healthy utilization of our
capacities in Germany for the medium term.'

BAUER Spezialtiefbau GmbH is scheduled to start work on the project at the
end of the year. The work will take about four years to complete. Most of
it will be carried out during 2014 and 2015.


About Bauer

Bauer is a provider of services, machinery and ancillary products in the
ground and groundwater fields. The Group markets its products and services
all over the world. Its global spread allows it to remain largely
unaffected by fluctuating business cycles.

Its business is divided into three segments: Construction, Equipment and
Resources. The Construction segment carries out specialist foundation
engineering work for complex excavation pits and foundations on major
infrastructure and building projects all over the world, installing cut-off