Austrian Building Firm Swietelsky buys Petri Bahnbau
by admin August 27th, 2007 in Austrian Business
The building firm from Austrias federal state Upper Austria enforce its railway building sector, and buys the traditional Lower Austrian railway building company Petri.
Swietelsky has 6.600 employees and 1,11 billions EUR construction benefit. The enterprise from Upper Austrias provincial capital Linz has confirmed the deal to the federal competition authority.
Now Swietelsky and Petri Bahnbau have to wait for the decision of the federal competition authority.
Petri Bahnbau has 50 employees and sales in the value of 6,43 mio EUR. The profit of the last business year amount 612.000 EUR.

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