Webuild Signs $2 Billion Deal for Part of Italy High-Speed Railway
27 Luglio 2023 - 6:13PM
Dow Jones News
By Adria Calatayud
Webuild said Thursday that it has signed a contract worth 1.82
billion euros ($2.02 billion) to build part of high-speed railway
project in Italy.
The Italian construction company said it signed the deal with
Rete Ferroviaria Italiana for the executive design and work of a
so-called construction lot that will be part of a high-speed
railway between Verona and Padua.
Webuild said it leads with a 83% stake contractor Iricav Due,
which is already working on other lots of the high-speed line. The
contractor includes Hitachi Rail STS with a 17% stake, and Lamaro
Appalti and Fintecna as minority partners, Webuild said.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
July 27, 2023 11:58 ET (15:58 GMT)
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