(Alliance News) - Salcef Group Spa on Monday reported that its subsidiaries Salcef Spa, Euro Ferroviaria Srl and Coget Impianti Srl are first on the list and in some cases have already been awarded contracts, totaling EUR364 million, with domestic and European customers in the electric traction, substations, railway signaling and transmission lines sectors.

In addition, Coget Impianti has been awarded three framework agreements from Terna Spa for the maintenance of overhead power lines and cable laying with related civil works, and from Austrian client Tiroler Wasserkraft AG two contracts for the construction of power lines.

The contracts will generate increased capacity for the group's Energy business unit, which generated EUR76.4 million in revenues in the first nine months of 2023.

On Friday, Salcef Group is up 2.6 percent to EUR23.50 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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