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MAIRE — Maire SpA News Story

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Maire rises after unit wins gas, LNG contracts worth €110 million

BUZZ-Maire rises after unit wins gas, LNG contracts worth €110 million

** Shares in Italy's Maire MTCM.MI rise around 2% after the engineering company said subsidiary Tecnimont won gas and LNG contracts for about €110 million ($128 million)

** The contracts won by the Engineering & Construction unit include a large-scale gas monetization project in South America and a Front-End Engineering Design for an LNG plant in Asia

** Brokerage Equita says the contracts confirm Maire's "solid commercial momentum and its positioning in the gas/LNG segment"

($1 = 0.8581 euros)


(Reporting by Mirko Miorelli)

((Mirko.Miorelli@thomsonreuters.com))

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