(Alliance News) - Reway Group Spa on Monday announced that it has won an order from its subsidiary M.G.A. S.r.l. - Manutenzioni Generali Autostrade. The job order was fully awarded by ANAS S.p.A. to MGA at the end of a European tender and concerns the design and construction of a new tunnel located along the Amatrice - Montereale - L'Aquila ridge, part of the SS 260 "Picente" highway.

The work, worth about EUR62.2 million, will be totally carried out by MGA and will lead to the construction of a work of about 1.3 kilometers that fits into the state highway connecting the Cermone locality (L'Aquila) with S. Giusta (Rieti).

Reway Monday trades in the red over 11 percent at EUR4.40 per share

By Maurizio Carta, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.