Stadler and HIAG Celebrate Groundbreaking in St. Margrethen

Published: 05. July 2018

Media Release

St. Gallen Councillor Benedikt W├╝rth, Stadler Group Chairman Peter Spuhler, Reto Friedauer, mayor of the municipality of St. Margrethen, and Thorsten Eberle, site developer and member of HIAG's Extended Executive Board, symbolically opened the building phase for the new production plant, scheduled to last until 2020. The approximately 70'000 m2 site situated directly at the St. Margrethen train station provides ideal conditions for Stadler's production facility and centre of excellence for double-decker train sets, located to date in Altenrhein (SG). The new plant is a clear commitment to the Swiss workplace and to the location at the meeting point of Switzerland, Austria and Germany.

 

For HIAG, regeneration of the historical timber industry site sustains the region's further economic development, buttressed by cooperation with a reliable partner.

 

Pictures (provided by Stadler Rail AG) regarding the event are available on: https://goo.gl/CY5HQW

 

Contact

Martin Durchschlag

Chief Executive Officer

T +41 61 606 55 00

martin.durchschlag@hiag.com

Laurent Spindler

Chief Financial Officer

T +41 61 606 55 00

laurent.spindler@hiag.com

 

HIAG Immobilien Holding AG

Aeschenplatz 7

4052 Basel

T +41 61 606 55 00

investor.relations@hiag.com

www.hiag.com