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Bouygues signs €190m in Swiss contracts

17 Nov 11 Swiss Bouygues Construction subsidiary Losinger Marazzi has signed contracts in Switzerland worth more than €190m (£158m).

In Monthey, in south-western Switzerland, it will build a commercial property development with 6,000m2 of retail premises and 1,300m2 of offices. The complex will also include two apartment buildings, a retirement home and a 450-place car park. Work will start early next year and are scheduled to last 24 months. Roughly 200 employees will be working on site at peak periods.

Losinger Marazzi is to construct two complexes with a combined surface area of 12,400m2 in Thoune, in the canton of Bern. They will incorporate offices, apartments, a retirement home, shops and a multi-screen cinema. The project is being developed with the architect Holzer Kobler. The works will take more than 24 months to complete, and will start in spring 2012.

Both these contracts have been developed by Losinger Marazzi, which will be the lead company.  Losinger Marazzi has also signed a contract worth 31 million Swiss francs (£20.7m) as the main contractor building a shopping centre in Nyon for Migros, the leading supermarket chain in Switzerland.

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