Main aim of presented master thesis is focused on construction of high speed steam turbine. Steam turbine is designed based on parameters of waste incineration plant in Brno. First chapters shortly summarized historical development, transformation process and work principal of steam turbine. Consequently on first captures is in depth described impulse and reaction blading including expansion in i-s diagram and basic equations for efficiency calculations. In major part of master thesis is firstly discussed conceptual possibilities of turbine application for given parameters. Based on chosen concept is compiled algorithm for thermodynamic calculation for each turbine module. Simplify calculation of gearbox is included as well. Based on calculations are compiled construction drawings of all parts of steam turbine.