Germany cancels road toll contracts with companies after EU court ruling

Kapsch TrafficCom AG

19/06/2019 09:05

BERLIN, June 19 (Reuters) - Germany has cancelled its
contracts with the companies charged with setting up a highway
toll systems for cars, a transport ministry spokesman said on
Wednesday after the EU's highest court ruled that the plan
breached European Union law.
    German ticket operator CTS Eventim  EVDG.DE  and Austrian
road systems specialist Kapsch TrafficCom  KTCG.VI  were awarded
a 2-billion-euro ($2.24 billion) contract in December to operate
the toll.  urn:newsml:reuters.com:*:nL8N23P1KJ
    Asked about possible damage for German taxpayers, the
transport ministry spokesman said he had no immediate comment.

 (Reporting by Michael Nienaber, editing by Riham Alkousaa)
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