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WBD WeBuild SpA

2.326
0.02 (0.87%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
WeBuild SpA BIT:WBD Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 0.87% 2.326 2.314 2.36 2.368 2.318 2.34 1,206,905 17:00:00

Webuild Signs $2 Billion Deal for Part of Italy High-Speed Railway

27/07/2023 5:13pm

Dow Jones News


WeBuild (BIT:WBD)
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   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)

Copyright (c) 2023 Dow Jones & Company, Inc.

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