Skip to main content

Vinci Autoroutes increases volume of Q-Free frame agreement

French Highway company and tag issuer Vinci Autoroutes has placed extension orders for Q-Free tags valued 25 MNOK. The additional volumes follow a frame agreement made in December 2016. Håkon Volldal, chief executive officer of Q-Free, said: “These extension orders confirm the high technical performance of Q-Free’s tags and our ability to supply significant volumes on short notice. We are grateful for Vinci’s continued confidence in Q-Free and look forward to continuing our partnership.”
December 6, 2017 Read time: 1 min

French Highway company and tag issuer 5973 Vinci Autoroutes has placed extension orders for Q-Free tags valued 25 MNOK. The additional volumes follow a frame agreement made in December 2016.

Håkon Volldal, chief executive officer of Q-Free, said: “These extension orders confirm the high technical performance of Q-Free’s tags and our ability to supply significant volumes on short notice. We are grateful for Vinci’s continued confidence in Q-Free and look forward to continuing our partnership.”

Related Content

  • September 6, 2017
    Rating agency Standard and Poor Tolling sees a bright future for tolling
    Few disruptions appear on the horizon for global toll road operators, with the US poised to become a better bet for major investment, according to ratings agency Standard and Poor’s (S&P’s) Global Ratings’ 2017 report, which rates toll road operators according to their ability to raise capital. The outlook is generally stable for business conditions and credit quality for toll roads worldwide. One positive exception is the US where the overall outlook is ‘positive’ as S&P expects traffic growth to increase
  • September 4, 2018
    ASECAP examines tolling’s trials, tribulations and triumphs
    If you want to get up to speed on the main issues facing the transport sector and tolling companies, ASECAP Study Days event in Ljubljana was a good place to start. Colin Sowman reports (Photographs: Louis David). Increasing populations, ever-higher technical and safety requirements, and electric and hybrid vehicles will provide both challenges and opportunities for tolling companies. The annual Study Days event organised by ASECAP (the European association for tolling companies) examined all of these aspec
  • April 26, 2019
    Turas to manage free-flow transactions in Dublin
    Turas, a joint venture comprising Vinci Highways and business process management provider Abtran, is to manage free-flow transactions services in Dublin, Ireland. The 11-year contract, valued at £321 million, is for the Irish capital’s ring road (M50 motorway) as part of an agreement with state agency Transport Infrastructure Ireland (TII). Vinci, a subsidiary of Vinci Concessions, and Abtran will combine resources to deliver a service which covers the technology, systems and operations to support free-fl
  • November 27, 2017
    ITS Australia appoints new president and board of directors
    ITS Australia has announced Dean Zabrieszach will be replacing Brian Negus as its new president, supported by Dennis Walsh as vice president, and has also confirmed a new board of directors. New and re-elected board members include Dale Andrea – VicRoads, Chen Cai – Data61/ The Commonwealth Scientific and Industrial Research Organisation, James Hurnall – Federal Chambers of Automotive Industries, Mark Jackman – Robert Bosch Australia, Mark Jackman – Robert Bosch Australia and Jeff McCarthy