Reway Group S.p.A.
8/03/2023
On 6 March 2023 Reway Group S.p.A. announces that it has received from Borsa Italiana the order for the admission of the Company’s Ordinary Shares and Warrants on “Euronext Growth Milan”, a multilateral negotiations system organized and managed by Borsa Italiana. Negotiations began on 8 March 2023.
The total equivalent of the resources collected through the placement is equal to Euro 20 millions.
The enterprise Reway Group S.p.A. società a capo del più grande Gruppo italiano specializzato nelle opere di risanamento e manutenzione di infrastrutture stradali e autostradali, opera per numerose realtà tra cui i tre principali operatori autostradali italiani (A.N.A.S, Autostrade per l’Italia e Gruppo ASTM).
Last research Reway Group S.p.A.
BREAKING NEWS| In the press release dated February 13th, 2026, Reway Group SpA, the leading Italian operator in the road and motorway infrastructure rehabilitation sector, announced that its subsidiaries MGA and Gema, respectively specialised in the structural restoration of viaducts, bridges and tunnels and in the maintenance of civil works in the railway sector, have been awarded a new contract worth € 53.90 million for the construction of the bypass to the S.S. 12 dell’Abetone e del Brennero along the section between Buttapietra and the Verona’s South Tangential. The contract forms part of a broader tender with a total value of € 179.60 million awarded by Anas to a Temporary Grouping of Companies (ATI), in which MGA and Gema hold stakes of 20.0% and 10.0%, respectively, alongside Consorzio Europeo Costruttori (57.0%) and GI.MA.CO COSTRUZIONI (13.0%). In particular, Gema and MGA have been entrusted with the full management of the construction site along a 14 km route, including the execution of major civil works, hydraulic arrangements, service roads, as well as excavation and earthworks. Following an initial detailed design phase carried out by Vega Engineering, a road design engineering company controlled by Reway, works are expected to commence by the end of 2026. The project will involve approximately 120 specialised workers and 25 high-performance machines, with an estimated duration of four years. From a strategic standpoint, the project, given its size and nature, strengthens the Group’s positioning within the broader road infrastructure perimeter, not limited solely to rehabilitation and maintenance activities but also encompassing the construction of new road works. This is consistent with a progressive expansion of the Group’s scope of operations already visible in other initiatives, including the design and construction of a tunnel along the Amatrice–Montereale–L’Aquila backbone. Moreover, the project itself holds significant infrastructural relevance, as it concerns a key transport node of considerable territorial importance, located in an area characterised by particularly intense traffic flows in proximity to major motorway corridors (the A4 and the A22). This contract further enhances the Group’s already solid order backlog and consolidates its industrial credibility in the execution of complex public projects with high infrastructural relevance. In light of the information disclosed in the press release, we confirm our recommendation: target price € 12.85, rating BUY, risk Medium. |
