Rescued Spanish motorways generate income for Seittsa agency

The eight motorways taken over by the Spanish government management agency Seittsa generated nearly €37 million in profit last year, according to national media. Seittsa said the money will be used for maintenance of the formerly private motorways. Among the revenues collected was around €3.8 in tolls from vehicles on the M-12 connecting Madrid to the airport.
May 2, 2019 Read time: 1 min
The eight motorways taken over by the Spanish government management agency Seittsa generated nearly €37 million in profit last year, according to national media.


Seittsa said the money will be used for maintenance of the formerly private motorways.

Among the revenues collected was around €3.8 in tolls from vehicles on the M-12 connecting Madrid to the airport.

Finance & Funding

Related Content

  • Germany: Foreign users to pay toll
    June 23, 2015
    Foreign road users could be paying up to €130 (US$147) a year for using Germany's autobahn motorways starting in 2016. The plan was given the go-ahead by the German government last October but implementation could be delayed if it faces a legal challenge by European member states. Bavarian state transport minister Alexander Dobrindt said he was convinced that the draft law does not discriminate against foreign motorists, an issue if the law were to be challenged in any European court. He called the infras
    Read More
  • Kazakhstan’s London road show woos consortia for Almaty ring road
    March 2, 2015
    Kazak and EBRD officials visited London to highlight the possibility of a public-private partnership under the country’s revised PPP legal framework. David Arminas reports. To build a road, you go on the road, and that is what Kazakhstan did in London in mid-December. Representatives of more than 100 organisations, a mix of construction companies and financial institutions, attended the roadshow-style presentation to attract foreign capital for BAKAD, the Almaty Ring Road Concession. The message was that Ka
    Read More
  • Wacker Neuson reports strong financial performance
    August 9, 2018
    Munich-based Wacker Neuson is reporting a substantial increase in revenue and profitability for the first six months of 2018. According to the firm’s latest results, revenue is at a record high and there has been a marked improvement in profit before interest and tax. However bottlenecks among suppliers as well as currency developments have had a dampening effect on the results. Revenue for the first half of 2018 rose 8% to a new record high of €825 million, compared with €764 million for the same period i
    Read More
  • Work starts on Banja Luka-Prijedor highway
    November 18, 2021
    The highway in Republika Srpska is part of the Banja Luka-Novi Grad motorway.
    Read More

Highlighted Content