(Alliance News) - Reway Group Spa on Friday disclosed that its subsidiary MGA Srl - Manutenzioni Generali Autostrade, which specializes in the renovation and rehabilitation of tunnels, bridges and highway viaducts - has been awarded, as part of a consortium led by Webuild Spa Group, a job order worth a share of EUR33 million for the structural rehabilitation of highway viaducts in central Italy.

The company explained that the work will be carried out as part of the order for the seismic safety of four viaducts on the A25 Torano - Pescara highway, awarded to the consortium led by the Webuild group and participated by MGA and SPIC.

The order, worth a total of EUR131 million, will be divided among the consortium members, providing for MGA to have a 25 percent share, lead contractor Cossi Costruzioni, belonging to the Webuild Group, a 60 percent share and partner SPIC a 15 percent share.

Reway Group trades in the red by 0.4 percent at EUR4.64 per share.

By Claudia Cavaliere, Alliance News reporter

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