(PRESS RELEASE) MILAN, 17-Mar-2022 — /EuropaWire/ — Webuild, an Italian industrial group specialised in the construction and civil engineering, formerly Salini Impregilo, has announced that its subsidiary Cossi Costruzioni, a construction company with focus on infrastructure projects, will perform extraordinary maintenance work and upgrade the safety and acoustic barriers on sections of motorway in Genoa, Milan, and between Bologna, Florence and Fiano Romano. The work is part of three contracts worth EUR 189 million that highlight the Group’s interest and expertise in the road maintenance sector.
Cossi Costruzioni and partner MGA Manutenzioni Generali Autostrade Srl (owned by Reway Group, the largest Italian operator in road and highway infrastructure maintenance), who had together been identified as the preferred bidders for the contracts in August 2021, won Lot 2 on the Ligurian network worth €49 million, Lot 6 worth €58 million in Milan, and Lot 9 worth €82 million in Lazio and Toscana. Cossi Costruzioni has a 71.5% share in Lot 2, 76.3% in Lot 6 and 83.2% in Lot 9.
Webuild is using Cossi’s expertise to expand into the road and highway maintenance and rehabilitation business as Italy looks to improve the quality of its motorways. The country’s network is one of the most articulated in the world, with the motorways alone exceeding 7,000 kilometres, and regional and provincial roads more than 15,000 kilometres. There are also 16,000 bridges and viaducts, most of which are more than 50 years of age.
A global leader in the infrastructure sector, Webuild has a track record that includes the construction of more than 80,200 kilometres of roads and motorways, and the excavation of more than 2,300 kilometres of tunnels.