Strabag appoints Stefan Kratochwill as the new CEO

A few weeks ago his predecessor was Klemens Haselsteiner died surprisingly. Kratochwill was most recently head of the central area and managing director of Strabag-Baumaschinen-Daughter BMTI GmbH. There he was internationally responsible for around 3,000 employees, as Strabag announced on Wednesday.

Kratochwill studied industrial engineering machine construction at the Vienna University of Technology. He has been in the Strabag group for over 20 years.

Haselsteiner died unexpectedly

Klemens Haselsteiner, son of the company masterminds Hans Peter Haselsteiner (81), was in mid-January died unexpectedly at the age of 44. In the meantime, the other board members took over its agenda. With the “Work on Progress” program, Klemens Haselsteiner initiated one of the most comprehensive transformation processes in Strabag history after the Russia business caused a challenge due to the war in Ukraine. The Haselsteiner family holds 30.7 percent of the shares Strabag SE was listed at the ATX ATX in the leading index of the Vienna Stock Exchange.

To the person: Stefan Kratochwill

Kratochwill was initially ordered until December 31, 2026. He studied industrial engineering machine construction at the Vienna University of Technology and has been in the Strabag group for a good 20 years. Specifically, the now top manager entered Strabag as a trainee after completing his studies in 2003. His first stations led him to Southeast Europe. There he built up the organizational structures of the group’s construction machine subsidiary, Strabag BMTI GmbH, in the countries of Romania, Bulgaria, Serbia and Montenegro. Kratochwill later headed the European track construction machine business until he promoted the central area manager and managing director of the Baumaschiner daughter Strabag BMTI in 2017.

“I am convinced that technological progress will provide us with an even greater market position in accordance with our economic goals,” the neo-board member is quoted at the Strabag homepage. “The tragic loss of Klemens Haselsteiner hit us all deeply. It is a personal concern for me and an honor to continue his vision for Strabag.” Now one will “go on the way to a sustainable future”.

Strabag largest construction group in Austria

Strabag is Austria largest construction group And in 2023 there was a massive increase in profits. The group result increased by a third compared to the year before 630.5 mio. euro, The profit per share (EPS) by 37 percent from 4.60 to 6.30 euros. In the late 2023 worldwide, the BaURIESe employed the Bauerente in full -time equivalents.