Firm part-owned by Russian oligarch remains part of HS2 consortium, Costain boss confirms

By Dave Rogers2022-03-09T10:25:00

Industrialist linked to Vladimir Putin has stake in Austrian tunneller Strabag

Costain boss Alex Vaughan has said Strabag remains part of a consortium carrying out £2bn worth of tunnelling contracts near London on the HS2 railway.

Last week Building revealed the Austrian civil engineer, part of the SCS joint venture which also includes Costain and Skanska, is 28% owned by Rasperia Trading Ltd, a business itself owned by Russian industrialist Oleg Deripaska.

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