Implenia AG ( (CH:IMPN) ) has shared an update.
Implenia AG, in partnership with HOCHTIEF, has been awarded a significant contract by Deutsche Bahn for the construction of the eastern section of the 2nd S-Bahn main line in Munich. This project, which includes constructing tunnels and connecting structures, aims to enhance Munich’s public transport infrastructure by relieving congestion and improving travel times. The project is set to begin in June 2025 and complete by May 2033, continuing the successful collaboration between Implenia and HOCHTIEF.
More about Implenia AG
Implenia AG is a construction and real estate service provider, focusing on infrastructure projects and urban development. The company brings extensive experience and expertise in tunnel construction, special foundation engineering, and civil engineering.
YTD Price Performance: 38.53%
Technical Sentiment Signal: Sell
Current Market Cap: $858.5M
See more data about IMPN stock on TipRanks’ Stock Analysis page.