1. Group structure and shareholders

1.1 Group structure 

Implenia Ltd. is a holding company, which directly or indirectly controls all the companies within the Implenia Group.

1.1.1 Operational Group structure

During the year under review, Implenia reinforced its country organisation in Norway and Sweden and divided the Scandinavia Business Unit into two separate business units, Norway and Sweden. Since then, Implenia has consisted of nine business units.

Business Unit Infrastructure focuses on international tunnelling and foundation engineering projects. Implenia also operates internationally through Business Units Norway, Sweden and Germany & Austria. The Group remains active in Switzerland with its Modernisation & Development, Construction German-speaking Switzerland and Construction French-speaking Switzerland Business Units. These operational Business Units are supported by the Technical Center and the central Group functions pooled in the Corporate Center.

Implenia reports on the basis of the following segments.

Development Segment

The Development segment brings together Implenia’s expertise in real estate project development, from initial idea to completed building. As a partner for private and institutional property developers, the segment develops and builds sustainable property and sites in Switzerland, often utilising its own land bank.

Switzerland Segment

The Switzerland segment includes the Modernisation, Buildings, Construction Germanspeaking Switzerland and Construction French-speaking Switzerland Business Units. The Modernisation unit brings together the Group’s capabilities in conversion and renovation, from consultancy to implementation. The Buildings unit offers its supra-regional customers in Switzerland integrated services for complex buildings, ranging from planning and coordination to actual construction. Construction German-speaking Switzerland and Construction French-speaking Switzerland are the face of Implenia in the Swiss market for roadbuilding, civil engineering and regional building construction services.

Implenia Group

Infrastructure Segment

The Infrastructure segment focuses on tunnel construction and foundation engineering in Europe. The segment brings together Implenia’s tunnelling, foundation engineering, major projects and design/planning capabilities in its home markets of Switzerland, Germany, Austria, Sweden and Norway. In addition, the Global Projects sub-unit bids for large, complex infrastructure projects outside our home markets and also takes on project management.

International Segment

The International Segment includes Implenia’s activities in its German, Austrian, Norwegian and Swedish home markets, as well as its overseas gravel plants. Implenia Germany & Austria is the provider for regional customers in German-speaking countries outside Switzerland that need services for civil works, general civil engineering, maintenance and repair, and selective building construction.

Miscellaneous/Holding Segment

The Miscellaneous/Holding Segment encompasses the activities that are not assigned to any of the segments described above. This segment includes the Technical Center, the Corporate Center, Human Resources and IT.

The Technical Center works together with the operational units to promote health & safety, environmental management and sustainability. It also works on lean processes and promotes further technical progress as the driving force behind innovation and continuous improvement. It helps reduce technological risks and thereby cut costs. The Technical Center also includes the Machinery & Electrical Engineering (MEE) and Formwork Construction (FC) units, along with the Central Laboratory. 

The Corporate Center supports the operational Business Units by providing central services. These services include Corporate Controlling, Corporate Reporting & Tax, Business Development, Investor Relations & Treasury, Legal, Marketing / Communications, Insurance and Procurement, plus Human Resources and IT.

1.1.2 Listed companies within the Group

Implenia Ltd., with registered office in Dietlikon (Canton Zurich), is a Swiss company that has been listed on the SIX Swiss Exchange AG (security no. 2 386 855, ISIN code CH0023868554, abbreviation IMPN) since 6 March 2006. Its consolidated holdings do not include any listed companies.

1.1.3 Unlisted companies within the Group

The unlisted companies within the Group, including their official names, registered offices, share capital and the stake held by the Group, are shown on pages 292-293 in the Notes to the Financial Report.

1.2 Significant shareholders

Switzerland’s Financial Market Infrastructure Act (Federal Act on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading, FMIA) dictates that shareholders of a listed company in Switzerland whose voting rights reach, exceed or fall below certain thresholds based on their proportion of total share capital must report and disclose these movements.

According to disclosure notifications made to SIX Swiss Exchange, the shareholders listed below held more than 3 percent of Implenia Ltd.’s share capital and voting rights on 31 December 2016.

All reports relating to disclosures pursuant to Art. 120 FMIA published during the year under review and since 1 January 2017 can be found at the Disclosure Office of the SIX Swiss Exchange AG at the following link:
https://www.six-exchange-regulation.com/en/home/publications/significant-shareholders.html

1.3 Cross-shareholdings

There are no cross shareholdings.