DUESSELDORF, Oct 30 (Reuters) - The chief executive of
Germany's Bilfinger has promised full transparency in
investigating the collapse of a boat dock in the U.S. state of
Georgia in which seven people were killed.
"This will be analysed in full with all that this entails,"
Thomas Schulz said at a press event in Duesseldorf, in comments
scheduled for publication on Wednesday.
The accident, which also caused multiple injuries, happened
on Oct. 19 during a celebration of Sapelo Island's tiny
Gullah-Geechee community of Black slave descendants.
Centennial Contractors Enterprises, a Bilfinger company,
served as the general contractor for the dock and gangway's
construction, working in partnership with local subcontractors
and vendors, according to the company.
The cause of the collapse remains unclear, Schulz told
reporters, adding, "We don't know much. There is no indictment
or anything else."
Bilfinger's share price plummeted by as much as 15%
following the accident.
Asked how the German industrial services provider might
reassure investors, Schulz said: "You can only reduce
uncertainty if you know exactly what has happened, what the
consequences are."
He pushed back against estimates of how much the accident
might cost the company, calling them "purely speculative".