Skip to main content

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.

Related Content

  • Graphene-enhanced pavements join UK Live Labs programme
    September 1, 2020
    While some parts of the world are on pause, road construction and new technology trials are still underway, as these stories demonstrate - Kristina Smith reports
  • Another tunnel for Australia’s WestConnex toll road project?
    July 21, 2016
    The size of Australia’s largest infrastructure project could get bigger with the addition of another tunnel, according to media reports. The New South Wales state government is considering another tunnel, around 1km long, in the inner west, expanding the size of Sydney's WestConnex toll road project, according to the Sydney Motorway Corporation, which along with its state government client, Roads and Maritime Services, is in charge or the US$12.74 billion project. Sydney Motorway was set up in 2014 an
  • S&P highlights success of Californian managed lanes project
    August 11, 2014
    Standard & Poor (S&P) has given Orange County Transportation Agency’s (OCTA) SR91 link one of the highest ratings for managed highway lanes in the world. S&P’s upgraded the SR91 Express Lanes Toll Revenue Bonds to AA-. The bonds were issued last year to refund bonds that were issued in 2003 when OCTA acquired the SR91 Express Lanes project from the private consortium that developed the project under California’s prior P3 law. The 91 Express Lanes is a four-lane, 16km toll road built in the median of Califor
  • Strabag thinks positive despite drop in half year group revenue
    September 2, 2016
    Publicly listed construction company Strabag reports “a very positive development” in the first six months of 2016, despite lower group revenue. Consolidated group revenue fell back 8% to €5,312.15 million.