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IMPLENIA AG EQS-Adhoc: Implenia wins major contract for the Lysaker-Fornebu tunnel construction in Norway

Transparency directive : regulatory news

17/03/2021 18:30

EQS Group-Ad-hoc: Implenia AG / Key word(s): Incoming Orders
Implenia wins major contract for the Lysaker-Fornebu tunnel construction in Norway

17-March-2021 / 18:30 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.


Fornebubanen has chosen Implenia for tunnel and ground construction from Lysaker to Fornebu | estimated contract value of CHF 131 million

Dietlikon, 17 March 2021 - The contract consists of planning and building a tunnel, including transverse sections, on a stretch of approximately 2.3 kilometers. In addition, construction pits and rock shafts will be established for Flytårnet station and Fornebuporten station. The contract has an estimated value of NOK 1.2 billion (CHF 131 million) and marks the start of the tunnel work for Fornebubanen.

Implenia was chosen for best offer as well as for meeting the contract's environmental and climate protection requirements. Fornebubanen recognized Implenia's implementation plan, its expertise in using BIM, as well as the response to the environmental and climate protection requirements.

'I am happy and proud that Fornebubanen has chosen Implenia for this complex project. It is perfectly aligned with our strategy of large, complex infrastructure projects with a high focus on sustainability and the use of new technologies', says Audun Aaland, Implenia's Head of Tunneling and Country President Norway.

'The bidders who invest most in alternative fuel technology and contribute to the electrification of machinery and facilities, came out best in this competition. The focus on sustainability seems to trigger good solutions, not only concerning environmental and climate protection, but also for the project overall. We look forward to a good collaboration with Implenia on this large and important tunnel contract', says Grete Tvedt, project manager at Fornebubanen.

The contract signing will take place after a ten-day appeal period. The project start is planned in May 2021. Completion of the whole Fornebubanen project is scheduled for 2027, while the tunnel construction Lysaker - Fornebu is planned to be completed by autumn 2023.

Contact for media:
Corporate Communications, T +41 58 474 74 77, communication@implenia.com 

Contact for Investors and Analysts:
Investor Relations, T +41 58 474 35 04, ir@implenia.com 

Investors' diary:
30 March 2021:                   Annual General Meeting
17. August 2021:                Half-year Report 2021


As Switzerland's leading construction and real estate service provider, Implenia develops and builds homes, workplaces and infrastructure for future generations in Switzerland and Germany. It also plans and builds complex infrastructure projects in Austria, France, Sweden and Norway. Formed in 2006, the company can look back on around 150 years of construction tradition. The company brings together the know-how of its highly skilled consulting, planning and execution units under the umbrella of an integrated leading multinational construction and real estate service provider. With its broad offering and the extensive experience of its specialists, the Group can realise complex major projects and provide customer-centric support across the entire life-cycle of a building or structure. It focuses on customer needs and on striking a sustainable balance between commercial success and social and environmental responsibility. Implenia, with its headquarters in Dietlikon near Zurich, employs more than 8,500 people in Europe and posted revenue of almost CHF 4 billion in 2020. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at implenia.com.




End of ad hoc announcement
Language: English
Company: Implenia AG
Industriestrasse 24
8305 Dietlikon
Switzerland
Phone: +41 58 474 74 74
E-mail: info@implenia.com
Internet: www.implenia.com
ISIN: CH0023868554
Valor: A0JEGJ
Listed: SIX Swiss Exchange
EQS News ID: 1176472

 
End of Announcement EQS Group News Service

1176472  17-March-2021 CET/CEST

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