LINZ/VIENNA, 01.04.2023 – Peter Krammer, previously Strabag COO, takes over as CEO of Swietelsky AG
Since the beginning of the year, Peter Krammer has been a member of the board of Swietelsky AG. As of April 1, 2023, he succeeds long-time CEO Karl Weidlinger. Supervisory Board Chairman Günther Grassner stated: “We chose Peter Krammer because he is not only the most qualified person for this crucial position in the company, but he also knows Swietelsky very well from his previous work and has a solid internal network. Our experiences in the first joint discussions reinforce our choice. We are convinced that Peter Krammer will secure the successful course of Swietelsky – despite challenging conditions – in the long term.”
Peter Krammer himself sees the company at the transition from a very successful era to a new time. “As the half-life of innovations becomes shorter and the conditions change rapidly, we need to adapt our structures and processes. We must adjust the focus of our business activities and penetrate new, modern fields of business – such as those that are emerging with the energy transition,” said the top manager. “Together with my board colleagues and the dedicated team at Swietelsky, we will lead the upcoming transformation process to success,” Krammer is convinced.
About Peter Krammer
Dipl.-Ing. Dr. Peter Krammer earned his doctorate in 1995 at the Faculty of Civil Engineering at the Technical University of Vienna. He then gained professional experience at Porr Technobau AG, Strabag, and Swietelsky until he returned to Strabag AG Austria in 2005. As a board member, he was responsible for the construction sector of building and civil engineering in Eastern Europe as well as for environmental technology across the group. From January 2010 until the end of 2022, Peter Krammer was a member of the board of Strabag SE.
About Swietelsky AG
Swietelsky is Austria's third-largest construction company and currently employs around 13,000 employees in 21 countries. The range of services extends across the entire construction value chain, including railway and tunnel construction. In the 2021/22 financial year, the construction output amounted to 3.4 billion euros. In its home market of Austria, the company generated about 60% of its total output, followed by core countries Germany and the Czech Republic with 11% each and Hungary with 8%.
