ASFINAG
| Motorway and expressway finance corporation
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|---|---|
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| legal form | Corporation |
| founding | 1982 |
| Seat |
Vienna , Austria
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| management |
Hartwig Hufnagl Josef Fiala ( board members ) |
| Number of employees | 2785 (February 28, 2018) |
| sales | 2.385 billion euros (2016) |
| Branch | Infrastructure |
| Website | www.asfinag.at |
The Autobahn and Schnellstraßen-Finanz-Aktiengesellschaft (ASFINAG) is an Austrian infrastructure company . The shares are wholly owned by the Republic of Austria .
Legal basis and tasks
The legal basis of the company is the ASFINAG law. ASFINAG was founded in 1982 and the purpose of the company is the financing, planning, construction and maintenance of federal highways as well as the collection of time and distance-dependent tolls in accordance with Section 2 (1) of the Act. A usufruct agreement was concluded in 1997 to collect the toll and since then ASFINAG has formally had the usufruct right to the properties and facilities of the high-ranking federal road network owned by the federal government (ASFINAG Authorization Act 1997).
The ASFINAG Act mainly deals with financing rules and entitles ASFINAG to collect tolls. This law does not contain any special rules on the quality of services (road conditions, etc.). However, according to Section 7, ASFINAG is entitled to suggest specially trained persons to be entrusted as road inspection bodies to the responsible authorities. These bodies then have the right to carry out driver or vehicle checks. Toll collection employees have similar rights in accordance with Section 18 of the Federal Road Toll Act.
financing
ASFINAG does not receive any financial resources from the state budget, but is financed through income from the vignette , truck toll and route toll sections as well as through bonds on the capital market . According to Section 10 of the ASFINAG Act, the federal government has to ensure the company's liquidity . The federal government assumes separate liability for individual financing transactions in order to keep financing costs low. If there is an annual surplus , ASFINAG may pay part of it as a dividend to the Republic of Austria.
In 2017, ASFINAG received 1.370 billion euros from the truck and bus toll and 660 million euros from the car toll. With investments amounting to 956 million euros, it generated an annual surplus of 709 million euros, increased equity to 31 percent, reduced debt by 130 million euros, paid corporate income tax of 234 million euros and delivered a divinde of 100 million euros to the Austrian company State off.
A toll is collected from trucks and buses depending on the number of axles and the distance traveled on motorways and expressways via GO-Box . Cars (up to 3.5 t maximum permissible total weight) and motorcycles, on the other hand, make a purely time-dependent contribution to the general use of the high-level road system (10-day, 2-month or annual vignette) via the irreversible vignette that is stuck to the vehicle. Since November 2017 it has been possible for car owners to purchase a digital vignette .
There are also route tolls for tolled, cost-intensive routes. From West to East: Arlberg Road Tunnel , Brenner motorway (only this highway A 13 can be driven without a vignette), the Tauern and Katschberg tunnel , Karawankentunnel , Bosrucktunnel , Gleinalmtunnel . These route tolls are collected using individual tickets or, in addition, inconsistently using time cards (year, month, with route combination and various discounts, e.g. for commuters, people with disabilities, residents), as well as section tickets and multi-trip tickets. Vehicles that have blue lights, various state and international services, such as the armed forces and the judiciary, are permanently exempt from the route toll.
Investments
Investments of EUR 1.2 billion are planned for 2019. Around 700 million will flow into new lines, second tunnels and major expansions for more capacity. 500 million go into the renewal of existing roads and tunnels. The current six-year plan provides eight billion euros in investments in the high-level road network and thus directly in Austria as a business location by 2024.
Group structure
The parent company ASFINAG is based in Vienna and maintains various subsidiaries:
- ASFINAG Bau Management GmbH (BMG), based in Vienna, is responsible for construction projects and the expansion of the route
- ASFINAG Alpenstraßen GmbH, located in Innsbruck , for route maintenance (Vorarlberg and Tyrol)
- ASFINAG Service GmbH (SG), based in Ansfelden , for route maintenance (remaining federal states)
- ASFINAG Maut Service GmbH (MSG), headquartered in Salzburg , is responsible for toll collection, route tolls , vignettes and truck tolls
- ASFINAG International GmbH (AIG) with headquarters in Vienna, for marketing
facts and figures
The company operates a route network of 2223 kilometers in length with 371 junctions , 166 tunnels with 383 kilometers of tube length and 5769 bridges.
The company also operates 54 rest areas, 118 parking spaces and 47 Park & Drive facilities.
The company has 2822 employees. a. employed in 43 motorway maintenance depots, 6 toll stations and 9 traffic management centers.
The annual mileage on the operated motorways and expressways is 31,608 million vehicle kilometers. A total of 27.06 million vignettes were sold in 2017.
The toll income in 2017 was:
- Truck toll: 1.37 billion euros
- Vignette: 492 million euros
- Route toll: 168 million euros
Source: ASFINAG
Management and Supervisory Board
The management consists of the two board members of ASFINAG, board director Hartwig Hufnagl and board director Josef Fiala, as well as the individual managing directors of the subsidiaries. On February 1, 2019, Hartwig Hufnagl was appointed as the successor to Karin Zipperer as director of the board of ASFINAG for the areas of operation and maintenance, planning and construction, technical coordination, strategy, innovation, research and development and cooperate services. In mid-January 2019, CFO Klaus Schierhackl's withdrawal was announced at the end of January 2019. On April 3, 2019, Josef Fiala, previously Managing Director of ASFINAG Service GmbH, was appointed Chief Financial Officer by the Supervisory Board.
The supervisory board consists of the chairman Peter Franzmayr, Kornelia Waitz-Ramsauer, Andreas Reichhardt , Martha Schultz and Michael Höllerer. Employee representatives on the supervisory board are Roman Grünerbl as chairman of the group representation, Uschi Zortea-Ehrenbrandtner as chairwoman of the works council of ASFINAG AG and Gabriele Strassnigg as chairman of the works council of ASFINAG Maut Service GmbH.
history
The company was founded on September 11, 1982. From this point on, the credit operations were managed centrally for all project companies in Austria. In 1992 the ÖSAG (Österreichische Autobahn und Schnellstraßen AG) and ASG (Alpen Straßen AG) were founded, a merger of the six operating motorway companies in Austria to become ASG in the west, ÖSAG for the rest of Austria.
From 1997 the company took over overall responsibility for the network and liabilities. A legally regulated outsourcing of accumulated liabilities amounting to 5.66 billion euros gave ASFINAG new tasks: planning, building, maintaining, operating and financing the high-level road network in Austria. The right to collect tolls and user fees in one's own name (usufructuary right) led to the introduction of a time-based toll for vehicles with a maximum gross vehicle weight of less than twelve tons, in addition to the income from the special toll routes . A route-dependent toll has been collected for vehicles over 3.5 tons since 2004.
In 2005 there was a change in the group structure through the merger of ASG and ÖSAG with the group parent ASFINAG. In mid-2005 ASFINAG took over the Italian Autostrade subsidiary Europpass and founded ASFINAG International.
In 2006 the company took over road operations by terminating the work contracts with the federal states. Also in 2006 the PPP Ostregion , the first public-private partnership project , was commissioned to build the north A 5 motorway .
In 2009, the three ASFINAG service companies were merged under the "ASFINAG Servicegesellschaft" and a representation of ASFINAG in Brussels was established in cooperation with ASECAP.
After almost six years of construction, the two new tubes of the Pfänder Tunnel were opened to traffic on the night of July 4, 2013 . At the same time as the traffic opening, the validity of the Vorarlberg corridor vignette for driving between the state border and Hohenems on the Rheintal A14 motorway ended by law .
The company is involved in the PPP project which, together with the construction company Porr, built part of the Hungarian Autópálya M6 in 2009 and 2010 and is to operate it for 30 years.
See also
Web links
- asfinag.at , website of the parent company
- The motorway network in Austria - 30 years of ASFINAG , January 2012
- The most important construction projects at a glance , at asfinag.at
Individual evidence
- ↑ a b ASFINAG: Board members . Retrieved April 4, 2019.
- ↑ a b Annual Report 2016 , on asfinag.at. Retrieved June 20, 2017
- ↑ ASFINAG law , on ris.bka.gv.at, accessed November 2, 2017
- ↑ Federal Road Toll Act 2002 - BStMG , accessed on November 27, 2017
- ↑ Infrastructure supplement October 2016, page 5, accessed on November 27, 2017
- ↑ ASFINAG generates annual net income of 709 million euros in 2017. In: asfinag.at. April 27, 2018, accessed July 26, 2020 .
- ↑ New vignette available from Thursday. In: ORF Vorarlberg. November 22, 2017. Retrieved November 27, 2017 .
- ↑ Special and video tolls. asfinag.at, accessed on February 12, 2015 .
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↑ See:
- ASFINAG is investing more than one billion euros in motorways and expressways in 2017. OTS.at, February 6, 2017, accessed on November 27, 2017 .
- Asfinag is investing 1.2 billion euros in new and expanded buildings this year. In: The press. February 6, 2017. Retrieved November 27, 2017 .
- ↑ a b ASFINAG in figures , at asfinag.at, accessed on November 27, 2017
- ↑ Outsourcing and participations by the federal government at bmf.gv.at, October 2016, p. 123.
- ↑ [1] , she leases a total of 87 rest stops. There are a total of 7,350 truck parking spaces on the entire network
- ↑ sn.at: Josef Fiala's new Asfinag CFO . Article dated April 3, 2019, accessed April 3, 2019.
- ↑ Supervisory Board , at asfinag.at, accessed on November 27, 2017
- ↑ ASFINAG law, Federal Law Gazette No. 591/1982 .
- ↑ ASFINAG: Tonight the first vehicles will drive through the two-tube Pfänder tunnel. ASFINAG sends out the opening of the two new tubes in the Pfänder tunnel.
- ↑ The standard : ASFINAG and Porr complete section of the motorway. dated March 31, 2010, accessed January 22, 2013
