Increase of Debts Slows Down at Asfinag

Politics ♦ Published: January 3, 2011; 15:22 ♦ (Vindobona)

According to the Austrian motorway company Asfinag, austerity is slowly starting to show results.

Increase of Debts Slows Down at Asfinag / Picture: © Asfinag

The debts of Asfinag are still increasing, but only slightly, and not nearly as much as originally planned. Within 25 years Asfinag could even end up debt free, according to the long-term prognosis. The restructuring program is made possible by higher revenues and stopping various projects.

Toll revenues increased from € 1.4bn (2009) to € 1.5bn (2010). This year the proceeds…