Successful acquisitions in Germany
Dietlikon, 9 August 2013 – The city of Hamburg overhauls its wastewater network. New wastewater drains are being laid to relieve the existing sewers and allow their refurbishment. The responsible authority – Hamburger Stadtentwässerung – has awarded the contract for section 2 of the “Transportsiel Isebek” sewer to a consortium in which Implenia and German company Michel Bau GmbH each have a 50 percent stake. The contract includes construction of a 1,430 meter long drainage pipe approximately 20 meters beneath the ground, as well as five shaft structures and various inspection shafts. Work on the CHF 25 million project (around EUR 20 million) starts this month and is scheduled for completion in August 2016.
Worth around CHF 42 million (around EUR 34 million), the Park Tower in Karlsruhe is the largest building construction project undertaken by Implenia in Germany. In the middle of Karlsruhe’s City Park, around 200 homes will be created to differing specifications – ranging from student accommodation to the exclusive penthouse apartment. The ground floor will include space for commercial use. Implenia is providing combined general contracting and site management services from a single source. It will hand over Park Tower ready for occupancy to the client Göbelbecker Bauträger und Beteiligungs-GmbH by the end of 2014. Implenia already has a track record with Göbelbecker Bauträger und Beteiligungs-GmbH, having recently completed another successful project with this client in Karlsruhe.
Implenia press contact:
Philipp Bircher
Head of Communications
Phone: +41 44 805 45 23
The Park Tower in Karlsruhe is the largest building construction project undertaken in Germany by Implenia
Implenia is Switzerland's leading construction and construction services company. Formed in 2006 from the merger between Zschokke and Batigroup, Implenia can look back on around 150 years of history in the construction industry. The company brings the expertise of its highly skilled Modernisation & Development, Buildings and Tunnelling & Civil Engineering Sectors, and its Switzerland and Norway Regions under the single roof of a nationally and internationally active company. With its integrated business model and specialists operating in all its divisions, Implenia 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, employs more than 6500 people and posted turnover of around CHF 2.7 billion in 2012. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at www.implenia.com.
