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

  • New northern relief road for Moscow
    August 20, 2015
    New Concession Company to build northern relief road of Moscow Kutuzov Avenue – Eugene Gerden writes New Concession Company has won a tender for the building of the Northern relief road of Kutuzovsky Avenue, a major radial avenue in the Russian capital Moscow. The firm is part of Leader company (one of Russia's largest management companies), owned by Yuri Kovalchuk, a well-known Russian businessman, who is reportedly close to Russia’s president Vladimir Putin. It is planned that the building of the n
    Read More
  • VDMA reports steady German equipment sector
    February 14, 2013
    Steady financial performance is claimed for the German equipment producers in 2012, according to the manufacturing association VDMA. The German construction equipment and building material machinery industry generated €12.5 billion in turnover during 2012 according to the latest results. Of this, construction equipment accounted for €7.9 billion, while €4.6 billion of business came from the building material, glass and ceramics machinery sector. This is a nominal decrease of around 1% compared to 2011. Afte
    Read More
  • Weighty matters for developing countries
    November 6, 2012
    One leading Weigh in Motion technology manufacturer is helping governments in developing countries reduce excessive road damage, while several others have seen their latest WIM systems recently used on the highways of Eastern Europe. Guy Woodford reports Recent Central Weighing WIM installations in Bangladesh are helping its national government reduce the financial burden of excessive road damage, while also protecting many bridges that are vital to transport and trade. The need for such installations was e
    Read More
  • Fehmarn Belt tunnel work to start in January
    April 29, 2020
    Construction of the large-scale tunnel element factory at Rødbyhavn can now start soon.
    Read More

Highlighted Content