Afcons Infrastructure Limited Takes Major Step into European Railway Sector with New Project
Afcons Expands into Europe with Major Railway Project in Croatia
Afcons Infrastructure Ltd, a leader in infrastructural innovation, has marked a pivotal moment in its history by being selected for a substantial railway project in Croatia. This selection underscores the company’s growing international footprint and its ambition to take on larger ventures across Europe.
On May 11, 2026, Afcons officially announced that it had been chosen as the most suitable bidder for the rehabilitation and construction of railway lines in Croatia. This project is the largest international order affixed to the company to date, showcasing its commitment to deliver world-class infrastructure solutions. Krishnamurthy Subramanian, the CEO of Afcons, expressed his excitement about entering the European market, stating that this landmark project symbolizes a significant leap in the company's global trajectory. The project not only displays Afcons' capability in handling complex infrastructural requirements but also reflects its intent to contribute to the modernization of Europe’s railway networks.
The project in Croatia involves reconstructing an existing railway line and constructing a second line to enhance rail connectivity within the region. Additionally, it covers civil works such as overhead electrification, signaling, and telecommunications. The total cost of the project is estimated at €677.07 million, excluding taxes, a clear indication of the significant investment and resources Afcons is ready to commit to this endeavor.
S. Paramasivan, the Managing Director of Afcons, shared insight into the project scope, emphasizing that it includes a comprehensive approach towards railway infrastructure rejuvenation. He assured stakeholders of Afcons' commitment to creating sustainable value through transformational projects that link communities and foster economic growth.
Kshitiz Bhasker, Director of Business Development at Afcons, mentioned that the company is currently finalizing the necessary proceedings in accordance with due process, anticipating a smooth execution and mobilization phase. Moreover, the Head of the Railway Segment, Udai Veer Singh, affirmed that the team is prepared for immediate mobilization towards implementation, highlighting the urgency and importance of this project in enhancing transportation efficiency in Croatia.
Founded by the Shapoorji Pallonji Group, Afcons Infrastructure Ltd boasts a legacy of over six decades in engineering and construction. It has successfully undertaken many high-complexity EPC projects both in India and globally. As per the latest Engineering News-Record (ENR) survey, Afcons ranks among the world's top 140 international contractors, standing out at number 12 for bridges and number 8 for marine and port infrastructure. This ranking not only reinforces Afcons’ reputable standing in the global construction sector but also its commitment to delivering quality and innovation.
Through this entry into the European market, Afcons aims not just to expand its geographical presence, but also to forge new partnerships that facilitate the advancement of modern infrastructure in Europe, laying the groundwork for future projects that enhance overall economic integration within the region. As the eye of the international construction industry turns towards this new venture, Afcons Infrastructure Ltd is positioned to make a significant impact and further solidify its role as a trusted partner in global infrastructure development.