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Somec’s Fabbrica Wins $30M Nokia HQ Facade Contract

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Somec S.p.A. ( (IT:SOM) ) has shared an update.

Somec’s US subsidiary, Fabbrica LLC, has secured a $30 million contract to construct the facade of Nokia’s new research headquarters in New Brunswick, New Jersey. This project, part of the HELIX NJ innovation hub, reinforces Somec’s strong positioning in the North American market and highlights its capability to deliver high-value engineering projects.

More about Somec S.p.A.

Somec S.p.A. is a company specializing in the engineering, design, and realization of complex turnkey projects in the civil and naval sectors. It operates through three divisions: Horizons, Talenta, and Mestieri, focusing on naval architectures, professional kitchen systems, and customized interiors, respectively. The group is known for its quality and reliability, with a global presence in 12 countries and a workforce of about 1000 employees.

Average Trading Volume: 8,639

Technical Sentiment Signal: Sell

Current Market Cap: €79.01M

Find detailed analytics on SOM stock on TipRanks’ Stock Analysis page.

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