Skip to main content

Q-Free awarded toll tag contract in Russia

Q-Free has recently signed a three-year framework agreement to supply toll tags to Northern Capital Highway, a toll operator in St. Petersburg, Russia. The agreement has a total value of approximately US$1.4 million (NOK11 million) over the period. According to Q-Free, the tag market in Russia has been picking up over the last years and the company has received orders from several customers, although the framework agreement with Northern Capital Highway is the largest single agreement for Q-Free in Russi
August 23, 2017 Read time: 1 min

Q-Free has recently signed a three-year framework agreement to supply toll tags to Northern Capital Highway, a toll operator in St. Petersburg, Russia. The agreement has a total value of approximately US$1.4 million (NOK11 million) over the period.

According to Q-Free, the tag market in Russia has been picking up over the last years and the company has received orders from several customers, although the framework agreement with Northern Capital Highway is the largest single agreement for Q-Free in Russia to date.

Related Content

  • Tolling is a ‘powerful tool to maintain and manage an infrastructure network’
    August 15, 2017
    Officials have recently moved to scrap tolls on several highways for the first time in 40 years, bucking a national trend toward more tolls on mostly urban roadways to shift the costs of transportation to those who use the roads, writes Associated Press. A regional authority voted this week to eliminate tolls on the Cesar Chavez Border Highway in El Paso. On the same day, Dallas city council rejected plans to build a toll road along the Trinity River. The council's action appears to be the death knell for a
  • ‘Need for sustainable transportation infrastructure drives the ITS market’
    October 30, 2012
    According to a new report by Global Industry Analysts (GIA), the global Intelligent Transportation Systems market is projected to reach US$22.7 billion by the year 2018, driven primarily by the need to enhance road safety by efficiently managing traffic, enforcing speed limits and easing traffic congestion. Rising demand from developing nations to incorporate ITS solutions also bodes well for the future of the market. The report provides a comprehensive review of trends, product developments, mergers, acqu
  • Atlantia bids to buy Spanish toll operator Abertis
    May 16, 2017
    Italian infrastructure company has launched a bid to buy Spanish toll roads operator Abertis, in a deal valued at US$17.9 million (€16.34 million), with the aim of becoming a world leader in transport infrastructure. The company is offering US$18.1 (€16.5 per share for each share tendered. Abertis owns Italy’s largest toll road manager and Rome’s two airports, as well as having a stake in Nice airport. It says the aim of the offer is to create a world leader in transport infrastructure with a diversified po
  • Global ITS market expected to reach US$38.7 billion by 2020
    March 24, 2014
    The global market for intelligent transportation systems is expected to reach US$38.7 billion by 2020, according to a new study by Grand View Research. Growing demand for optimising fuel consumption and reducing emissions is expected to be the key driving force for the market. ITS aids in reducing incidents such as road accidents and boost safety, which is estimated to positively impact demand over the next six years. Increasing need for enhancing existing transportation networks coupled with demand for