Q-Free wins frame agreement in Spain

Just two days after announcing that it had been awarded two AutoPass tolling contracts, valued at over US$5 million, by the Norwegian Public Roads Administration, Q-Free yesterday announced that the company has won a frame agreement for deliveries of tolling tags (OBUs) from the Spanish operator, Abertis. The value of the frame agreement is US$5.2 million, with a guaranteed volume of US$2.15 million. Putting this key business win into context, Øyvind Isaksen, Q-Free CEO explained it is very important for
April 19, 2012 Read time: 1 min
Just two days after announcing that it had been awarded two AutoPass tolling contracts, valued at over US$5 million, by the Norwegian Public Roads Administration, 310 Q-Free yesterday announced that the company has won a frame agreement for deliveries of tolling tags (OBUs) from the Spanish operator, Abertis. The value of the frame agreement is US$5.2 million, with a guaranteed volume of US$2.15 million.

Putting this key business win into context, Øyvind Isaksen, Q-Free CEO explained it is very important for the company to be present in the promising Spanish tolling market since it is expected that major tolling investments will materialise in the years to come. “Furthermore, Abertis is an important operator in the global road user charging (RUC) market and represents significant opportunities for the company going forward,” he said
Highway & Network Management

For more information on companies in this article

Related Content

  • CECE Congress focuses on future of construction
    May 8, 2012
    The bi-annual CECE Congress was held in Spain when participants looked forward in a bid to see what will happen in the next ten years. Growth markets such as China, India and Brazil offer big opportunities to European construction equipment manufacturers. As companies, particularly those from China, start to expand outside their own countries the competition for business will increase, and it has been claimed that there is no such thing as 'the global market', rather it is the sum of hundreds, if not thousa
    Read More
  • Developing Brazil's transport infrastructure
    February 16, 2012
    The IRF and ABCR spoke with World Highways about the upcoming 7th Brazilian Congress on Highways and Concessions event
    Read More
  • Asecap Days – Istanbul 2023
    February 16, 2024
    The “vast lakes of data” collected daily by global highway operators are going to waste meaning opportunities to improve services and boost revenue are continually lost. This must change, reports Geoff Hadwick from the ASECAP Days 2023 conference in Istanbul.
    Read More
  • Canada: work officially starts on Montreal’s Champlain Bridge
    June 25, 2015
    Canada’s infrastructure minister, Denis Label, officially broke ground for Montreal’s replacement Champlain Bridge, saying the project will likely cost US$3.42 billion. The 3.4km Champlain Bridge Corridor Project, including spans and highway expansions, is expected to be completed by 2019. SNC-Lavalin, the 50% stakeholder in the winning consortium Signature on the Saint-Lawrence, recently announced it had finalised the deal with new Champlain Bridge owner Infrastructure Canada. Signature on the Saint-
    Read More

Highlighted Content