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

  • Canadian PM Trudeau warned of costs rises for Gordie Howe Bridge
    January 11, 2016
    A devaluing Canadian dollar has pushed up the cost for building a signature Windsor-Detroit bridge by around US$2.5 billion, according to Canadian media reports. The increase more than doubles what was believed needed by the Canadian government to construct the Gordie Howe Bridge, named after a Canadian ice hockey player who played most of his career for the Detroit Red Wings. The toll bridge, to be built under a public private partnership, will link the US city of Detroit, in the state of Michigan, w
    Read More
  • Poland pushes ahead with major new roads programme
    September 11, 2015
    The Polish government will spend around US$28.3 billion over the next eight years in one on the country’s largest new-road investment programmes. Nearly 4,000km of motorways and dual carriageways will be constructed as well as 50 ring roads around urban centres. More than 1,000 sections of roads deemed dangerous will be rebuilt, according to a report in the Polish newspaper Gazeta Prawna. The announcement comes after the Poland’s road and motorways authority GDDKiA said in June that it plans to awa
    Read More
  • ASECAP: maintenance mindshift turns spending into investment
    August 4, 2017
    With an estimated value of €8 trillion, the road infrastructure is probably the European Union’s largest single asset. It accounts for 83% of passenger journeys and more than 70% of freight movement. Despite this importance, global investment in roads - especially maintenance - has fallen, said Christophe Nicodeme, European Road Federation secretary general. There are grave consequences, noted Nicodeme in his opening keynote address to the recent Study and Information Days gathering, an annual event for mem
    Read More
  • Kapsch wins Financier of the Year award in Poland
    March 19, 2012
    At this year’s "Financier of the Year" gala event in Warsaw, Poland, Kapsch was given an award for the efficiency of its fully electronic toll system viaTOLL in bringing in higher revenues than expected last year.
    Read More

Highlighted Content