Motorway toll revenues up 6.5% to HRK 2.4bn

Motorway operators in Croatia in 2015 earned HRK 2.4 billion from toll collection without VAT, which was 6.5% more than in 2014, according to figures provided by the Croatian Association of Toll Motorways Concessionaires (HUKA).

Most motorway operators recorded an increase in revenues from toll collection. HAC earned HRK 1.48 billion, an increase of 5.9% compared with 2014; ARZ's toll revenues rose by 6.8% to HRK 540 million, Bina-Istra recorded revenues of HRK 186.3 million, up 13.2%, while AZM earned 4% more than in 2014, or HRK 203.2 million.

Last year, 24.4 kilometres of new motorways were opened to traffic, increasing the length of the motorways network by 1.9%. A further 23.1 kilometres of new motorways is planned to be opened this year.

Investment in the construction of new motorways in 2015 reached HRK 349 million and in the reconstruction of existing sections HRK 136.2 million. This year, the plan is to invest HRK 778 million, of which 492 million in new sections and the rest in the existing ones.

The number of vehicles using the Croatian motorways increased by 7.2% to 70.4 million. All the concessionaires recorded increases of between 4.3% and 8.9% in the number of vehicles.

(EUR 1 = HRK 7.51)

Last update: Thu, 05/05/2016 - 12:12
Author: 

Related

Income from road toll HRK 1.02 bln, up 8%

Croatia

Tuesday, July 26, 2016 - 11:41

More from Business

ECB meets overshadowed by threat of crisis in Italy

The European Central Bank met on Thursday to consider launching another round of monetary stimulus but the meeting...

Vipnet taking over Metronet

Vipnet, a mobile network operator company, has acquired a controlling share in the company "Metronet...

UniCredit sells stake in Polish bank Pekao to strengthen capital

Italy's biggest bank by assets, UniCredit, said Thursday it was going to sell a 32.8-per-cent stake in Polish...

BAT factory in Kanfanar exports to 19 markets

British American Tobacco (BAT) is satisfied with the results achieved in its first year of doing business in Croatia...

Reports: AC Milan sale to Chinese group postponed to March

AC Milan's controlling company Fininvest and Sino-Europe Sports have agreed on moving the sale of the Serie A club...