August 18, 2018 / 4:03 PM / a month ago

Autostrade pledges to rebuild collapsed Italy bridge

GENOA, Italy, Aug 18 (Reuters) - 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.

On Tuesday, a 200-metre section of the Morandi viaduct gave way in busy lunchtime traffic, killing at least 38 people and severing the city’s main land link with southern France.

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.

$1 = 0.8744 euros Reporting by Paola Balsomini and Giulia Segreti Editing by Mark Bendeich

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