Skip to main content

Siemens, Allianz said to be interested in Toll Collect

A decision in the dispute between the German government and Toll Collect, the operator of the HGV toll system, over the delayed introduction of the system in Germany is expected to be made by the arbitration court in the first week of October 2013. Experts believe that the German government will waive a part of its damage claims and take over Toll Collect, which is currently owned by Deutsche Telekom (45 per cent), Daimler Financial Services (45 per cent) and Cofiroute (10 per cent).
July 15, 2013 Read time: 2 mins
A decision in the dispute between the German government and 485 Toll Collect, the operator of the HGV toll system, over the delayed introduction of the system in Germany is expected to be made by the arbitration court in the first week of October 2013.

Experts believe that the German government will waive a part of its damage claims and take over Toll Collect, which is currently owned by 4194 Deutsche Telekom (45 per cent), 2069 Daimler Financial Services (45 per cent) and 5938 Cofiroute (10 per cent).

The current contract between the government and Toll Collect will end in 2015 and the government could then search for new operators for the HGV toll system. It is understood that 189 Siemens and 6027 Allianz as well as Austria's 81 Kapsch and Italy's 1813 Autostrade would be interested in taking a stake the operator of the German HGV toll system.

Deutsche Telekom subsidiary 7157 T-Systems allegedly would also like to retain a stake in Toll Collect, while Daimler is said to have no further interest in the German HGV toll billing system.

For more information on companies in this article

Related Content

  • Toyota, BMW, Allianz to partner with autonomous vehicle startup Nauto
    October 11, 2016
    Autonomous vehicle technology company Nauto has entered into strategic agreements with BMW i Ventures and Toyota Research Institute, as well as with Allianz Ventures, part of financial service provider and insurance company Allianz Group. These companies have invested in Nauto and are working with the company on autonomous vehicle development using the Nauto cloud-based data learning platform. Nauto has developed deep learning capabilities that run both in the cloud and on retrofit devices that can be mo
  • Siemens tops ABI Research’s traffic management systems vendor ranking
    February 5, 2015
    Siemens ranks first in ABI Research’s latest competitive assessment, Smart Transportations Market Research, which evaluates traffic management systems hardware, software, solution, and data providers. It performs strongly on innovation criteria across the board, with an extensive portfolio for traffic monitoring and video surveillance, operations and management centres, modelling and planning, intelligent traffic lights, digital signage, and dynamic tolling. It also scores high on implementation criteria
  • Public transport ITS in Europe ‘a billion-dollar market’
    July 27, 2015
    According to a new research report from analysts Berg Insight, the market value for intelligent transport systems (ITS) deployed in public transport operations in Europe was US$1.1 billion in 2014. Growing at a compound annual growth rate of 7.2 percent, the market is expected to reach US$1.6 billion by 2019. Berg Insight says that the European market for ITS for public transport is in a growth phase which will continue throughout the forecasted period. In most countries, the fluctuating economic climat
  • Motorists want roads repaired before smart motorways, says survey
    December 5, 2014
    According to research by Bury-based online car supermarket JamJar Direct, which indicates that 47 per cent of Greater Manchester motorists claim to have been affected by the construction works, communications around the M60 smart motorway improvements are sorely lacking. Almost two thirds of Greater Manchester motorists (62 per cent) are aware that the M60 is being turned into a smart motorway, but over 40 per cent, equivalent to 81,000 vehicles per day using affected stretch of M60 between junctions 8 a