Q-Free awarded exclusive toll tag contract in Portugal

Q-Free is to supply toll tags to Portuguese tag service provider Via Verde, part of the BRISA Group, under an exclusive three-year frame agreement valued at around US$9-11 million (NOK75-90 million). Delivery will begin immediately. Via Verde is the leading DSRC tag service provider in Portugal with more than three million active customers. Q-Free, which has delivered approximately four million tags to Portugal over the years and expects demand to be significant in the coming
August 3, 2016 Read time: 1 min
108 Q-Free is to supply toll tags to Portuguese tag service provider 3843 Via Verde, part of the 2051 BRISA Group, under an exclusive three-year frame agreement valued at around US$9-11 million (NOK75-90 million). Delivery will begin immediately.

Via Verde is the leading DSRC tag service provider in Portugal with more than three million active customers.

Q-Free, which has delivered approximately four million tags to Portugal over the years and expects demand to be significant in the coming years, sees the Portuguese market as highly important.
Charging, Tolling & RUC

Related Content

  • May 19, 2014
    Electronic toll collection system market projected to grow $9.5 billion by 2020
    According to a new market research report by MarketsandMarkets, Electronic Toll Collection System Market by Products, Technology Applications and Geography - Analysis & Forecast 2013-2020, the market for electronic toll collection (ETC) is expected to grow at a CAGR of 11.1 per cent from 2013 to 2020, and reach US$9.5 billion in 2020. The overall global electronic toll collection system market is segmented into four major areas: products, technologies, applications and geography. All the major segments a
    Read More
  • February 2, 2012
    Q-Free wins Australian toll tag order
    Norwegian tolling systems supplier Q-Free has been awarded a US$2.5 million order for toll tags from the Australian Roads and Traffic Authority (RTA).
    Read More
  • July 30, 2013
    Financing agreed for Q-Free Jakarta contract
    Q-Free has confirmed that a loan agreement has been signed between Export Credit Norway and PT Rin Indonesia Jaya, a subsidiary of PT Inovisi Infracom Tbk, for part financing of the contract signed in 2011 for an electronic law enforcement (ELE) project. As part of the financing agreement, PT Inovisi Infracom Tbk has signed a parent company guarantee for the loan. The loan will be released upon initial payment of US$6 million to Q-Free, which will also mark the start-up of the project. The loan from Expor
    Read More
  • March 1, 2018
    Q-Free wins two US tolling contracts
    Norwegian supplier of ITS products Q-Free Open Roads (Q-Free) has been chosen as a sub- contractor for two US tolling projects in Washington and San Diego, valued $4.4m (£3.1m). These deals also include five year maintenance agreements and work will begin immediately. Håkon Volldal, president and CEO of Q-Free Asa, said: "We are pleased to see continued growth of our industry-leading image based solutions in North America. These two contracts clearly demonstrate our competitiveness in the market and build
    Read More

Highlighted Content