German government to take over Toll Collect?

The German government is reported to be willing to take over truck toll operator Toll Collect – ending years of dispute over billions of euros in penalty payments and damage claims. A takeover agreement is still said to be possible before the end of 2012, according to a report in a German national media publication. The contract with Toll Collect expires in 2015. The Toll Collect consortium consists of Germany-based Daimler and Deutsche Telekom as well as France-based Cofiroute.
December 13, 2012 Read time: 1 min
The German government is reported to be willing to take over truck toll operator Toll Collect – ending years of dispute over billions of euros in penalty payments and damage claims.

A takeover agreement is still said to be possible before the end of 2012, according to a report in a German national media publication. The contract with Toll Collect expires in 2015. The Toll Collect consortium consists of Germany-based 3992 Daimler and 7017 Deutsche Telekom as well as France-based 6031 Cofiroute.

For more information on companies in this article

Related Content

  • Polish project hits rocky road
    March 5, 2012
    The project to build a section of the A4 highway in Poland between Brzesko and Wierzchoslawice in the South of the country looks set to hit major legal issues.
    Read More
  • US highway bill finally receives approval by government
    September 27, 2012
    After a long series of delays, the US Government has finally managed to agree the latest highway reauthorisation bill. This comes after numerous short term extensions of the previous bill, due to political stalemate. The short term extensions were not sufficient to allow firms to invest and this situation stunted construction activity in the country. With the bill now in place, contractors will be able to look forward to some transport spending, and will likely increase spending on replacing old constructio
    Read More
  • Better road safety reduces Europe’s casualty figures
    October 2, 2014
    Improving road safety in the EU has resulted in a drop in the fatality rate. Official figures just released show that the number of people killed on Europe's roads fell by 8% in 2013. This follows on from the drop in fatalities of between 2011 and 2012 and Europe is on track to halve road deaths in the 2010-2020 period Figures released by the European Commission provide grounds for optimism and Antonio Avenoso, executive director of the European Transport Safety Council (ETSC) said, “We welcome the reductio
    Read More
  • Record attendance for Istanbul’s E&E conference
    June 14, 2012
    The Eurasphalt & Eurobitume 2012 event in Turkey has attracted record attendance figures, although final figures were not available at the time of writing.
    Read More

Highlighted Content