(Alliance News) - Webuild Spa on Tuesday announced that the new ashlar factory in La Chapelle, France, serving Lot 2 of the base tunnel of the AC/AV Turin-Lyon railway line, will be operational in June.

Work on the tunnel is being carried out by Webuild in a joint venture with the grouping of companies that won the tender issued by TELT, the public promoter contracted by Italy and France to build the cross-border section of the Turin-Lyon.

"The testing activities of the factory, destined to produce 100,000 prefabricated ashlars, which will line the tunnels of the line under construction between Italy and France, are proceeding apace," the company wrote in the note released.

Webuild Spa on Tuesday trades in the red by 0.9 percent at EUR2.33 per share.

By Maurizio Carta, Alliance News reporter

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