Alphavalue/Divacons | Through its subsidiary OHLA ZS, the company will participate in the renovation of the railway line linking Prague and Kladno. The contract, signed in early April, covers the modernisation of a 15-kilometre section between the district of Ruzyne and the city of Kladno. The project involves an investment of €350 million and will be carried out by a consortium led by Subterra, in which OHLA ZS acts as…

Link Securities | The International Centre for Settlement of Investment Disputes (ICSID), the World Bank’s arbitration body, has dismissed the request for annulment filed by Spanish construction company OHLA and its partners, Italian companies Rizzani de Eccher and Trevi, against the original award handed down in 2022 in the dispute against Kuwait, Expansión newspaper reports today. OHLA and its partners claimed ICSID jurisdiction to arbitrate this lawsuit, in which they…

Alphavalue / Divacons | The joint venture formed by OHLA and Sando Construcción was yesterday awarded the contract to build the new Maternity and Children’s Hospital in Huelva, worth €82.6 million. This is a project for the Andalusian Health Service that will be integrated into the Juan Ramón Jiménez University Hospital complex. The project involves the construction of a 36,372-square-metre building, which OHLA says is ‘designed to integrate functionally and…

Link Securities | Adif has entrusted OHLA (OHLA) with the main repair work on the section of railway track where two trains collided on 19 January near Adamuz (Córdoba), killing 46 people, according to a report in the newspaper elEconomista on Friday. The railway operator has resorted to several emergency contracts to restore the infrastructure given the urgency of re-establishing traffic on the high-speed line between Andalusia and Madrid. Among…

Link Securities | The construction company announced yesterday that the temporary joint venture formed by OHLA, Sando Construcción and Vialterra will be responsible for starting work on the new Virgen de la Esperanza hospital in Malaga, promoted by the Andalusian Regional Government, according to a statement issued by OHLA. The new hospital complex to be built by the Sando-OHLA-Vialterra joint venture will be located on the site of the current…

Intermoney | The company (Buy, PO €0.7) announced on Friday after the market closed an agreement with Mohari to share the assets and liabilities of the Canalejas Centre. The construction company will retain the car park and shopping centre, along with an associated debt of €45 million, while Mohari, the investment platform of Israeli businessman Mark Scheinberg, will take over the Four Seasons Hotel. The centre as a whole had…

Intermoney | OHLA (OHLA) (Buy, Target Price €0.70) announced on Thursday after the market closed that, in the award to terminate the joint venture contract in which the company controlled 55% with the State of Qatar for the construction of the Sidra hospital, the joint venture will ultimately have to pay around €900,000, meaning that OHLA’s outlay will be around half a million euros. In July this year, the Arbitration…