Girish Mahajan

ASFiNAG

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Type  Aktiengesellschaft
Number of employees  2,700
Headquarters  Vienna, Austria
Revenue  2.011 Mio. EUR (2008)
Website  www.asfinag.at
Founded  1982
ASFiNAG httpsuploadwikimediaorgwikipediacommons66
Key people  Alois Schedl Klaus Schierhackl
CEO  Gernot Brandtner (1 Mar 2008–)

The ASFiNAG (short for "Autobahnen- und Schnellstraßen-Finanzierungs-Aktiengesellschaft" which is German for "Autobahn and high way financing stock corporation") is an Austrian publicly owned corporation which plans, finances, builds, maintains and collects tolls for the Austrian autobahns. The ASFiNAG is fully owned by the Austrian Republic.

Contents

Purpose

ASFiNAG was founded in 1982. In 1997 the company were awarded a new contract whereby more tasks were given to them by the Federal Government. ASFiNAG enforces legislative tolls commissioned by the government. ASFiNAG has the formal Usufruct/right of properties and facilities of the highly ranked street network, which still belongs to the government. ASFiNAG does not receive any money from the state's budget, but pays a dividend to the Republic of Austria.

Fare Structure and Funding

For 2015, ASFiNAG is expecting 1.25 billion Euro (£885 Million) from tolls, which are paid by lorries and buses depending on the number of axles and distance travelled on motorways based on tachographs.

Cars (up to 3.5 t Hz. total weight) and motorbikes contribute a tax called a Vignette, which has to be stuck permanently to the vehicle, to the general high-ranking street network's usage in the amount of 440 million Euros (£311 million) and also 170 million Euros (£120 million) of special tolls for more expensive high maintenance roads, from West to East: Arlberg Road Tunnel, the Brennerautobahn (from Innsbruck to Modena, Italy, and only the A13 motorway may be used without a Vignette), Tauern Road Tunnel, Karawanks Tunnel, Bosruck Tunnel and the Gleinalm Tunnel. The collection of these special tolls is completed by single tickets or season tickets which vary in usage (such as a year, month, with route combinations and different discounts for commuters, disabled people and residents), or even tickets for specific roads and multiple journeys. Vehicles, which have blue lights, different stately and international services, such as Bundesheer (the Austrian Army) and the Justizwache (a section of the Ministry of Justice in Austria) are permanently exempt from the special tolls.

(The mountain roads through the Felbertauern Tunnel and over the Grossglockner High Alpine Road are tolled by private parties.)

In 2015, ASFiNAG alone will invest from the money it has collected in tolls, 500 million Euros (£353 million) on the building of new roads, 485 Million Euros (£343 million) for maintaining existing roads, finance the toll collection along with the buying Vignettes from places that sell tobacco and pay back their 11.5 billion Euro high (£8.2 billion) debt in 20 years time.

Traffic experts are recommending that instead of time tolls they should collect a higher mineral oil tax because frequent usage, exhaust fumes and also street wear and tear of heavy vehicles, such as SUVs as opposed to city cars can be presented more appropriately.

References

ASFiNAG Wikipedia


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