CZECHTOLL STATEMENT ON SIGNING THE CONTRACT WITH THE MINISTRY OF TRANSPORT OF THE CZECH REPUBLIC

CzechToll and SkyToll confirm that today they have signed a contract with the Ministry of Transport to build a satellite toll system in the Czech Republic.

The tender won by CzechToll – a part of the PPF Group – with a price CZK 2.7 billion lower than the one offered by Kapsch was carried out in a fair manner and under comparable conditions like a similar tender in Germany where PPF is also a participant. It is therefore pleasing that the Czech government succeeded in bringing the tender to a successful conclusion despite the strenuous efforts of competitors to ruin the entire procedure.

CzechToll and SkyToll will immediately start building the satellite toll system. They will be informed about the schedule and details of the construction in about two months in a special press briefing.