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Rail track management company SZDC is prepared to pay to Italian firm Grandi Stazioni the amount of money provably spent on construction work at Prague's main train station (on the photo from October 14), it prefers an off-court settlement, SZDC CEO Pavel Sury said on Sunday but admitted that the dispute will probably end at court. SZDC terminated the lease contract with Grandi Stazioni as of midnight, October 16, because the company failed to reconstruct historic building Fanta on time. Grandi Stazioni, which was to have the railway station leased for another 30 years, earlier said that if SZ

Rail track management company SZDC is prepared to pay to Italian firm Grandi Stazioni the amount of money provably spent on construction work at Prague's main train station (on the photo from October 14), it prefers an off-court settlement, SZDC CEO Pavel Sury said on Sunday but admitted that the dispute will probably end at court. SZDC terminated the lease contract with Grandi Stazioni as of midnight, October 16, because the company failed to reconstruct historic building Fanta on time. Grandi Stazioni, which was to have the railway station leased for another 30 years, earlier said that if SZ Stock Photo
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Image details

Contributor:

CTK / Alamy Stock Photo

Image ID:

H4K2NJ

File size:

46.2 MB (2 MB Compressed download)

Releases:

Model - no | Property - noDo I need a release?

Dimensions:

4928 x 3280 px | 41.7 x 27.8 cm | 16.4 x 10.9 inches | 300dpi

Date taken:

October 14, 2016

Photographer:

CTK

More information:

This image could have imperfections as it’s either historical or reportage.

Rail track management company SZDC is prepared to pay to Italian firm Grandi Stazioni the amount of money provably spent on construction work at Prague's main train station (on the photo from October 14), it prefers an off-court settlement, SZDC CEO Pavel Sury said on Sunday but admitted that the dispute will probably end at court. SZDC terminated the lease contract with Grandi Stazioni as of midnight, October 16, because the company failed to reconstruct historic building Fanta on time. Grandi Stazioni, which was to have the railway station leased for another 30 years, earlier said that if SZDC terminates the contract, it will demand Kc1.2bn for the reconstruction, plus compensation for lost profit from further years of operation. The company is not taking part in Sunday's handing over of the railway station to SZDC. (CTK Photo/Katerina Sulova)

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