June 25, 2021
Italian prosecutors investigating the deadly collapse of a bridge in 2018 have asked for 59 people, including former Atlantia CEO Giovanni Castellucci, to be sent for trial, two judicial sources told Reuters. The road bridge, operated by Atlantia’s motorway unit …
September 19, 2019
Atlantia SpA Chief Executive Officer Giovanni Castellucci resigned as leader of the Benetton family infrastructure unit, 13 months after a fatal bridge collapse in Genoa sparked an investigation into maintenance practices. Castellucci, who spearheaded Atlantia’s transformation into the world’s biggest …
September 17, 2019
The long-standing head of Italian infrastructure group Atlantia is ready to step down as a probe into a deadly bridge collapse snowballs, prompting its top shareholder, the Benetton family, to pull support, sources said on Monday. Giovanni Castellucci, who masterminded …
November 12, 2018
Italian infrastructure group Atlantia has set aside 350 million euros ($400 million) to cover the estimated cost of rebuilding the Genoa bridge which collapsed in August and compensating the families of those killed. The viaduct disaster claimed 43 lives, sparking …
October 9, 2018
Italian freight forwarders who say their business has been affected by a deadly bridge collapse in Genoa are taking legal advice and considering whether to sue toll-road operator Atlantia if the group is found responsible. The government has blamed an …
August 24, 2018
People living under the Italian bridge that collapsed last week with the loss of 43 lives had known for years it was crumbling: pieces kept falling on their homes and cars. A month earlier, residents met officials in charge of …
August 23, 2018
The board of the private company that controls the bridge that collapsed in Genoa approved on Tuesday an initial 500 million euros ($576 million) in funding to help victims and finance a new steel bridge that it says can be …
August 22, 2018
Engineering experts determined in February that corrosion of the metal cables supporting the Genoa highway bridge had reduced the bridge’s strength by 20 percent – a finding that came months before it collapsed last week, Italian media reported Monday. Despite …
August 21, 2018
The bridge that collapsed in the Italian port city of Genoa was considered a feat of engineering innovation when it was built five decades ago, but it came to require constant maintenance over the years. Its design is now being …
August 21, 2018
Fallout from the Genoa bridge disaster has erased about $2 billion of net worth from one of Italy’s richest families. The billionaire Benettons control 30.25 percent of Atlantia SpA, the construction company and toll-road owner that operated the Morandi Bridge …