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Media release

Implenia secures new modernisation contracts worth a total of around CHF 80 million

On course for success thanks to comprehensive range of services, from consulting to planning to implementation, in the modernisation growth market | Modernisation strategy to be rolled out across the whole of Switzerland

Dietlikon, 14 July 2015 – Implenia's Modernisation unit is enjoying a healthy order intake, and has just scored its largest acquisition success in the Northwest Switzerland region. On behalf of Swiss Prime Site AG, Implenia, acting as general contractor and builder, is converting an existing office property close to Barfüsserplatz in the heart of Basel. The site is being turned into the first Swiss branch of successful budget design hotel chain "MotelOne". The 143-room hotel will be completed by summer 2016. Construction work on the project has already begun. Implenia Modernisation has won another contract in Basel to refurbish and convert a logistics building for a major pharmaceuticals company. The unit has also acquired new projects in the Zurich region. In Zurich city centre, for example, Implenia has won the contract to repurpose an old office building on behalf of a property development company. This "TownTown" project involves the creation of high quality owner-occupied apartments. Construction work starts at the beginning of September 2015 and should last until the end of February 2017. Together with other successful acquisitions in the Northwest Switzerland and Zurich regions – including upgrading the pipework and building shells of 26 apartments in Allschwil and the conversion of a large office building in Aarau – the still relatively new Modernisation unit has secured jobs worth a total of CHF 80 million. With its comprehensive range of services – from consulting to planning to implementation – Implenia is on a successful course within the growth market of modernisation. Implenia's modernisation strategy is currently being rolled out across the whole of Switzerland.

Implenia press contact:

Reto Aregger

Communications Manager

Tel.: +41 58 474 74 77

communication@implenia.com

In the upper floors of the former bank premises, Implenia is building 143 hotel rooms for budget design hotel chain "MotelOne". (Source: Implenia)

This is how the facade of the "MotelOne" hotel in Basel will look. The conversion work is scheduled for completion in summer 2016. (Source: monoplan)


Implenia, Switzerland's leading construction and construction services company, also has a strong position in the German, Austrian and Scandinavian infrastructure markets. Established in 2006, Implenia can look back on around 150 years of construction tradition. It brings together the expertise of its highly skilled sectoral and regional units under the single roof of a company active throughout Europe. With its integrated business model and specialists operating in all areas of construction, the Group can manage a building project through its entire lifecycle and deliver work that is economical, integrated and customer-centric. The focus is on striking a sustainable balance between financial success and social and environmental responsibility.

Implenia has its headquarters in Dietlikon near Zurich and employs approximately 8500 people around Europe. In 2014 it posted pro forma turnover (including the former Bilfinger Construction GmbH) of around CHF 3.6 billion. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). For more information, please visit www.implenia.com.