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

  • Cost drop for Albania’s Thumana-Kashar motorway?
    August 15, 2019
    Albania’s Thumana-Kashar section of the A1 motorway may cost 50% less than planned, according to a recent feasibility study.
  • FIEC calls for greater transport spending for Europe
    October 7, 2019
    The FIEC, which represents Europe’s contracting firms, is calling for greater spending on developing the transportation network. According to the FIEC, a stronger EU budget for transport is of importance for the European economy. An official statement said, “On its own, completing the TEN-T network will create 10 million extra jobs by 2030. State-of-the art transport infrastructure is also an investment in long-term growth and jobs. Investing €750 billion could generate € 4,551 billion additional GDP.” The
  • Queensland agrees Brisbane bridge and motorway deal
    July 17, 2013
    The authorities in Queensland, Australia have agreed a 50-year deal over the tolling rights for the Go Between bridge and the Legacy Way motorway in Brisbane. The agreement was settled by the Queensland Investment Corporation (QIC). Under the terms of the deal, Brisbane City Council will be paid by QIC-owned Queensland Motorways Limited (QML) from A$1.08 billion to A$1.58 billion over a seven year period. Brisbane City Council will retain ownership of the tunnel and bridge and the plan is to use the revenue
  • THG Verk starts Ölfusá Bridge work
    December 9, 2024
    THG Verk - in Icelandic, ÞG Verk – is the main contractor for the 330m-long cable-stayed bridge that will cross the Ölfusá River, Iceland’s biggest.