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

  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More
  • German bridge repairs required
    August 24, 2021
    Germany needs to invest in bridge repairs.
    Read More
  • Germany’s Hessen state to invest €640 million to revamp motorways
    May 12, 2017
    Hessen will spend around €640 million renovating and expanding six motorway interchanges. According to media reports, around €126 million will go toward construction of new parking areas for trucks. Hesse state has one of Germany’s most dense road networks that includes 24 motorways. The internationally important motorway routes through Hesse are the A3, A5, and A7. Close to the airport of Frankfurt is the Frankfurter Kreuz, Germany's busiest and one of Europe's busiest motorway junctions, where the motorwa
    Read More
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More

Highlighted Content