Letzigrund work payment: Zurich High Court rejects appeal for work performed by Implenia
Dietlikon, 15 September 2016 – Implenia takes notice that the Zurich High Court has rejected the appeal filed by Implenia for outstanding claims amounting to around CHF 20 million resulting from work ordered by the city of Zurich and performed by Implenia in connection with the construction of Letzigrund Stadium. Implenia is analysing the ruling and will comment in due time on how it intends to proceed.
Implenia press contact:
Philipp Bircher
Head of Communication Group
Tel.: +41 58 474 74 77
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 the expertise of its highly skilled sectoral and regional units together under the roof 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, with its headquarters in Dietlikon near Zurich, currently employs more than 8,000 people around Europe and posted revenue of around CHF 3.3 billion in 2015. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at www.implenia.com.
