Brief: Implenia-Led Joint Venture Wins CHF 86.6 Million Contract

Implenia AG

18/03/2021 17:02

March 18 (Reuters) - IMPLENIA AG  IMPN.S :
    * IMPLENIA-LED JOINT VENTURE WINS CONTRACT TO BUILD NORTHERN
ACCESS SHAFT ON THE GOTTHARD
    * SWISS FEDERAL ROADS OFFICE (FEDRO) HAS AWARDED CHF 86.6
MILLION
CONTRACT TO BUILD A 4 KM ACCESS SHAFT FOR SECOND GOTTHARD TUBE
    * SUCCESSFUL TENDER IS SUBJECT TO A 20-DAY APPEAL PERIOD.
CONSTRUCTION IS SCHEDULED TO BEGIN THIS SPRING AND SHOULD TAKE
AROUND 2.5 YEARS TO COMPLETE
    * IMPLENIA HAS A 40% SHARE, WEBUILD GROUP / CSC HAS ANOTHER
40%
AND FRUTIGER HAS 20%

Source text for Eikon:  ID:nEQ4FPP0Ka 
Further company coverage:  IMPN.S 

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