Increase the toll… in three installments

“Hercat” and divided over the next 3 years, the deferred increase will be paid for the year 2023, based on the agreement that the Ministry of Infrastructure reportedly reached with the road axle concessionaires.

The meeting that took place between the two sides took place in a completely different atmosphere than the atmosphere of last September, when the companies that manage highways seemed insisting on increases, which… It could exceed 14% and has announced an increase as of September 1which was withdrawn due to theomenia in Thessaly.

The Ministry refrained from announcing the slightest details about the meeting, while the franchise companies also adhered to “radio silence.”

However, according to the information, it appears that the increases will be distributed over 3 years, with the nominal increase for 2023 reduced to 10%. The first increase will take effect from the beginning of the new year, and it remains to be announced how it will be shared.

The scenario calls for an annual adjustment of 6%, which would likely include a 1.6% increase in inflation and indicates the expected indexation of tolls in 2024. From 2% plus inflation each year, the increase in fees borne by users for the years 2025 and 2026 will be formed.

However, it cannot be ruled out that the distribution could be different. The amounts will be finalized through roundings made by the companies for each station and vehicle categoryThis is based on what is stipulated in each contract and will be announced to the Ministry within the next few days.

As stipulated in the concession contracts, toll prices for each year are indexed based on the September Consumer Price Index of the previous year. This is the maximum margin of increase.

The increases for each class of vehicle will be announced in detail by franchisees after mid-December, to take effect from 1 January 2024.

The chapter that, according to information, is closed by the agreement reached with the Ministry is the claim of the companies that operate the highways (Olympia Odos, Attiki Odos, Ionia Odos, Nea Odos, Aegean Highway, Moria) for the losses resulting from the increases that they did not make in 2023.

As for the actual crossings, it was estimated at 40-45 million euros.