Strukton Rail is to expand its interest in the Italian railway contractor CLF

Strukton Rail has been a shareholder of CLF since 1998 and will increase its share from 40% to 60%. Unieco will remain the co-shareholder with a 40% stake.

Strukton Rail said that this was an important step in realising its ambition to strengthen and expand its position as a full-service provider of rail systems in six European countries.

CLF Group – Construzioni Linee Feroviarie – maintains, renews and builts rail systems. With its subsidiary companies Sifel and Arfer, it operates in railway construction, electrification, signalling and telecommunications. CLF Group has some 500 employees and a turnover of €121m (£102m) in 2012.

The company recently completed the railway construction of the high-speed line Milan-Bologna, major railway renewal projects on the main lines in Northern and Mid Italy and the Alp Transit. Additionally, CLF is involved in various tram and metro projects in Italy and railway projects abroad in Algeria, Morocco, Venezuela and Bulgaria.

Strukton_Rail

Source : TheConstructionIndex

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