18-07-2025
Germany's Top-Performing Smallcap Surges Again on Contract Win
A breakneck rally in the shares of a German pipeline builder accelerated this week after the company won a role plugging LNG terminals on the coast into the nation's gas grid.
Friedrich Vorwerk Group SE 's stock is up 24% since last Friday's close, the biggest gain on Germany's small-cap SDAX index. The bulk of the advance came after it secured a contract valued in the hundreds of millions of euros to build a 86km-long pipeline with a consortium of companies.