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8/18/18

ITALY: Autostrade pledges to rebuild collapsed Italy bridge - by Paola Balsomini and Giulia Segreti

Italian toll-road operator Autostrade per l’Italia, which managed a bridge that collapsed in Genoa this week, pledged on Saturday to rebuild the viaduct.

Autostrade Chief Executive Giovanni Castellucci, holding the firm’s first news conference since the disaster, said a new bridge would be built using funds from the roughly 500 million euros ($572 million) it had set aside for disaster recovery.

Chairman Fabio Cerchiai also told the news conference that Castellucci would remain in his position. A government minister had called on Autostrade top managers to quit over the collapse.

Read more: Autostrade pledges to rebuild collapsed Italy bridge | Reuters

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