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

  • ST Electronics wins info-secruity and ITS contracts
    April 23, 2012
    ST Electronics of Singapore has been awarded contracts valued at a total of SGD 58 million (US$46.84 million) to carry out infomation-security and ITS projects. Under the info-security projects, which are worth SGD 28mn, ST Electronics will implement solutions and devices for a national infrastructure project, as well as event management and security incident systems.
  • Mediamobile signs contract with Trafficmaster to enlarge its European coverage
    June 27, 2012
    Mediamobile and UK based traffic service provider Trafficmaster has signed an agreement which will enable Mediamobile to enhance its European traffic information service for carmakers, navigation system and PND manufacturers, telco's and media companies. The agreement will allow Mediamobile to offer as part of its multi-country service portfolio, traffic related data such as traffic events and traffic flow data over the UK territory produced by Trafficmaster. Whilst operating its own traffic and travel info
  • Quarterhill announces shift in strategy driving revenue growth
    August 11, 2017
    Quarterhill has announced its financial results for the three- and six-month periods ended 30 June 2017, during which it announced a new acquisition-oriented growth strategy and changed the name of the public company to Quarterhill. The company posted revenue of US$18.6 million and adjusted EBITDA of US$4.8 million, Net income was US$3.6 million and cash from operations was US$3.1 million. It also acquired International Road Dynamics (IRD), a highway traffic management technology company specialising in sup
  • MBTA chooses Cubic to deliver next-generation fare payment system
    November 22, 2017
    Cubic Transportation Systems (CTS) has been selected by the Massachusetts Bay Transportation Authority (MBTA) to install a fare payment system for the region’s multi-modal transit system to allow payment flexibility for customers. The base contract award includes an approximate $575 million (£433 million) for implementation with ten years of operations and maintenance as well two five-year extension options. The agreement also involves a public-private partnership, in which Cubic and John Laing will