Q-FREE – CONTRACT WINS IN THAILAND AND SPAIN
Q-Free has recently won two tolling contracts with a combined order value of approximately 35 MNOK.
Tag contract in Thailand
Q-Free Thailand has won a contract for tags to EXAT. The contract ensures that Q-Free will have the most tags in circulation in Thailand.
- With all the planned expressway and motorway projects Thailand will undoubtedly become one of Q-Free's most important markets going forward, comments CEO Håkon Volldal.
Multilane Free Flow contract in Spain
Q-Free will deliver its single gantry Multilane Free Flow solution in Gipuzkoa, close to the French border. This will be the first Multilane Free Flow System in Spain and will be operational in the beginning of 2018. The project initially consists of 8 charging points with options for extensions and service and maintenance.
- Q-Free hopes this will be the first of several other MLFF opportunities happening in Spain in the coming years, comments CEO Håkon Volldal.
For further information, please contact:
President & CEO, Håkon Volldal: +47 977 19 973
Q-Free is a leading global supplier of ITS (Intelligent Transportation Systems) products and solutions. The company has approximately 420 employees, offices in 20 countries, and presence on all continents. Headquartered in Trondheim, Norway, Q-Free is listed on the Oslo Stock Exchange under the ticker QFR.