June 12, 2018

Itinera takes over Danish rail project as partners face corruption charges

Written by  Denis Bowers
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The Storstrøms Bridge is planned to connect Zealand and the island Falster via Masnedø. The Storstrøms Bridge is planned to connect Zealand and the island Falster via Masnedø.

ITALIAN construction firm Itinera has announced that it has taken over sole responsibility for the new Storstrøms Bridge on the Copenhagen - Femern railway line, as the two firms it won the contract with are involved in corruption charges in Italy and are in economic difficulty.


Grandi Lavori Fincosit (GLF) and Condotte were part of the three-firm consortium which won the contract for the bridge, but for judicial reasons have had their share in the consortium reduced to 0.01% each so as not to violate the tendering rules.

Itinera has continued work on the project under the assumption that the two firms will not be actively returning to the project and has followed the time plan for the project as agreed.

Mr Silvio Fascio, CEO for Itinera’s European division, said the withdrawal of GLF and Condotte will not have any influence on the completion of the project.

The total price of the new bridge, including landworks and demolition of the present bridge from the 1930s, is DKr 4.1bn ($US 648.7m) at 2017 prices.

It will be opened in 2023.

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