Q-Free wins NOK30 million tolling contract in Chile

Tolling specialist Q-Free has been selected by road infrastructure operator Sociedad Concesionaria Vespucio Norte Express to service and maintain roadside equipment in Chile. The seven-year year contract is approximately valued NOK30 million (£2.7 million). Håkon Volldal, president and CEO of Q-Free, says: “We are pleased to continue our services to Vespucio Norte and strengthen our presence in the growing Chilean tolling market.”
October 5, 2018 Read time: 1 min

Tolling specialist 108 Q-Free has been selected by road infrastructure operator Sociedad Concesionaria 7095 Vespucio Norte Express to service and maintain roadside equipment in Chile. The seven-year year contract is approximately valued NOK30 million (£2.7 million).

Håkon Volldal, president and CEO of Q-Free, says: “We are pleased to continue our services to Vespucio Norte and strengthen our presence in the growing Chilean tolling market.”

Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Iteris awarded Middle East contract
    February 3, 2012
    Iteris has been selected to help develop uniform and standardised engineering and planning manuals, guidelines, and procedures tailored to the particular needs of the Abu Dhabi Department of Transport, based on best practices from around the world.
    Read More
  • Australian tag order for Q-Free
    January 8, 2014
    Australia’s Roads and Maritime Services (RMS) has awarded Q-Free an order for its OBU610 tags valued at US$2.4 million. This latest generation toll transponder is claimed by the company to be the smallest of its kind, yet powerful enough to support both single and multiple protocol applications. With a battery life of more than seven years, the transponder supports any application from single lane to full multi-lane free-flow and open-road tolling.
    Read More
  • Positive outlook for Q-Free
    August 15, 2013
    Q-Free reported revenue of US$25 million for the second quarter 2013, an increase of 29 per cent from the same quarter last year. Operating profit (EBIT) improved to a positive US$51,000 from an operating loss of US$3.8 million in the same period last year. Loss before tax was reduced to US$391,000 from a loss of US$3.9 in the second quarter 2012. The improved earnings mainly reflect changes in the revenue composition, with higher product and service and maintenance revenue.
    Read More
  • Kapsch initiates tolling project in Bulgaria
    January 17, 2018
    Kapch has been selected by the Bulgarian Roads Infrastructure Agency, in a contract valued лв.149.9m (£68m), to implement a nationwide tolling system. It will set up technical configuration and support of the system for trucks over 3.5 tons, as well as the introduce an electronic vignette for passenger cars during the 19-month project. Over the course of seven months, Kapsch will implement 500 terminals for registering and issuing electronic vignettes, 100 enforcement vehicles, 100 weigh-in-motion
    Read More

Highlighted Content