Vegfinans is a regional toll road company servicing the eastern part of Norway. The parent company, Vegfinans AS, is owned by the seven counties Akershus, Buskerud, Hedmark, Oppland, Telemark, Vestfold and Østfold.
Vegfinans AS consists of 20 wholly owned subsidiaries located in the counties mentioned above. Furthermore, Vegfinans provides administrative duties for an additional four companies that exist both within and outside the parent company.
All the administrative tasks and employees are a part of the parent company Vegfinans AS.
Through its ownership model, Vegfinans AS have streamlined its administrative duties and the management of the various toll road projects that the company operate. Vegfinans AS is an integral part of the entire lifecycle of the toll road projects, beginning with the planning phase all the way through to the closing of the projects when the toll road has been fully funded, and the various loans have been repaid.
The services provided by the Group include functions relating to daily management, owner contact, accounting services, operating of the stations, collection, financial management, reporting, customer service for the AutoPASS scheme, and other administrative follow-up of the toll road companies.
Vegfinans achieves efficient toll road management through a standardization of the tasks. Through its size, Vegfinans is also able to enter in to larger and more extensive joint agreements.