(Finance) – Reway Groupa group listed on Euronext Growth Milan and specialized in the maintenance and rehabilitation of road and motorway infrastructures, announced the readmission of the subsidiary Gema (ex Se.Gi.) in RFI supplier portalputting an end to the precautionary suspension of the same issued on 12 January.
Following the suspension, Reway Group has promptly provided all documentation demonstrating the total absence of elements justifying this measure, we read in a note.
At a business level, the precautionary suspension period did not lead to interruptions to activities in the railway yards by Gema. The company also continued to evaluate new opportunities on the market in compliance with planned activities.
Reway Group highlights that during the suspension period there were no tenders or procurement procedures announced by RFI in which the company could have participated. Therefore, the suspension period did not have a negative impact on the possibility of acquiring new works in the portfolio.