Dispute over megaproject

“Bolzano allowed itself to be seduced by René Benko”

Will the insolvency of René Benko's Signa Group also put the South Tyrolean capital of Bolzano in trouble? The worries in the Holy Land of Tyrol are enormous.(Bild: Alexander Tuma, zVg, Krone KREATIV)

René Benko's empire is in ruins, his large-scale real estate projects around the world are at a standstill. Only in Bolzano are they still working on the 500 million euro "WaltherPark". For how much longer? Krone+ met Heinz Peter Hager, Benko's representative in South Tyrol. While the Signa Italy boss emphasizes that he is "still sleeping well", critics fear financial collapse. 

500 million euros in costs. Shopping center, offices, apartments, restaurants and a luxury hotel: the "WaltherPark" in Bolzano is the flagship project of the South Tyrolean capital - and threatens to turn into a fiasco due to the bankruptcy of real estate investor René Benko.