• Bridge Tragedy May Loosen Atlantia's Grip on Toll Roads

    11 monthes ago - By Washington Post

    The collapse of a bridge in Genoa on Tuesday killing dozens, has cast a shadow over the dominance of Italy's road infrastructure by Atlantia SpA, an infrastructure firm that manages highways and airports. Engineers have yet to establish what caused the disaster but senior members of Italy's populist coalition government have warned they are looking at stripping Atlantia's highways arm Autostrade d'Italia of key operating concessions if it's found responsible. One minister raised the prospect of
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  • Italy bridge operator in spotlight as collapse death toll rises

    11 monthes ago - By Reuters

    Rescuers hunted for survivors among towering slabs of wreckage on Wednesday after a bridge collapse that killed 39, as furious government ministers rounded on the viaduct's operator, saying it should pay fines and compensation and lose its concession. As Francis Maguire reports, shares in Atlantia, which owns Autostrade per I'Italia, have fallen more than 5 percent.
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  • Italy Says Highway Managers Must Go After Deadly Bridge Collapse

    11 monthes ago - By Fortune

    The Italian government called on managers at Atlantia Spa's highway-operator unit to resign following the collapse of a bridge in the northern city of Genoa that killed at least 39 people.
    "Autostrade per l'Italia's top management must resign," Transport Minister Danilo Toninelli said Wednesday in a post on Facebook. "And given that there have been serious breaches, I announce that we have activated the procedures for the possible withdrawal of the concessions and for sanctions of up to 150 million euros ," he said.
    "If they are not able manage our highways, the state will do it...
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