Czechs sign $494 million highway toll deal with consortium

Kapsch TrafficCom AG

20/09/2018 15:42

PRAGUE, Sept 20 (Reuters) - The Czech transportation
ministry signed a 10-year highway toll contract worth 10.75
billion crowns ($494.28 million) starting in 2020 with a
consortium of CzechToll and SkyToll on Thursday, it said.
    In May, the competition watchdog cancelled the government
tender. A consortium of CzechToll, controlled by the richest
Czech businessman Petr Kellner's PPF group, and SkyToll, which
operates the highway toll system in neighbouring Slovakia, had
won that tender.
    The ministry said on Thursday it was able to complete the
contract after the regulator threw out complaints from the
current operator, Kapsch  KTCG.VI  of Austria.
    ($1 = 21.7490 Czech crowns)

 (Reporting by Jason Hovet and Robert Muller, Editing by Michael
Kahn)
 ((jason.hovet@thomsonreuters.com; +420 224 190 476; Reuters
Messaging: jason.hovet.thomsonreuters.com@reuters.net))