Letzigrund work payment case: Implenia to appeal to the Zurich High Court
Dietlikon, 9 November 2015 – Implenia is to appeal against the verdict of the Zurich District Court in the case relating to outstanding payments for the construction of the Letzigrund Stadium. After assessment of the decision by the court of first instance, Implenia is reducing its claim by some CHF 3 million to around CHF 20 million. Implenia remains convinced that the City of Zurich must pay for the project modifications it requested and that were carried out.
Implenia press contact:
Philipp Bircher
Head of Communications Group
Tel.: +41 58 474 74 77
Implenia is Switzerland's leading construction and construction services company and has a strong position in the German, Austrian and Scandinavian infrastructure markets. Founded in 2006, Implenia looks back on a 150-year tradition in the building industry. It brings expertise from highly qualified sectoral and regional units under a single roof to create a company that conducts business throughout Europe. With its integrated business model and specialists operating in all areas of the building sector, the Group is able to manage a building project through its entire life cycle 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 head office in Dietlikon near Zurich, employs about 8,100 people and generated pro forma revenues of around CHF 3.6 billion in 2014 (including the former Bilfinger Construction). The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). Further information at www.implenia.com.
