Strabag dials into EUR 1bn facility management unit

By A staff reporter 2008-07-25T00:00:00

Austrian construction company Strabag has agreed to buy Deutsche Telekom's facility management unit. Deutsche Telekom Immobilien und Service (DeTeImmobilien) employs more than 6,000 people - 5,600 in Germany - and it generated revenues of about EUR 1bn in the 2007 financial year. DeTeImmobilien main customer is Deutsche Telekom. Both sides ...

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