Article Tools

Increase of Debts Slows Down at Asfinag

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…

This article includes a total of 226 words.

or Log In

Fast News Search
Related News
Austrian Official Debt Level Rises (December 21, 2010)
Extra-budgetary Debts Grow Unabated (November 30, 2010)
Infrastructure Development: Investing in the Future or Incurring Debt? (November 15, 2010)
Asfinag: Toll Revenues for 1.63 Bllion Euro in 2010 (October 8, 2010)
Asfinag Bond: The Motorway Operator Picked Up 1.3 Billion Euro (September 14, 2010)
OIAG to become an infrastructure holding (July 23, 2010)
Read More
Infrastructure, Asfinag, Public Debt, Transport Industry, Ministry of Infrastructure
Featured
Updated Directory of Foreign Ambassadors in Austria 2018
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter