Vegamot
From Wikipedia, the free encyclopedia
 | |
| Company type | Municipal owned |
|---|---|
| Industry | Toll roads in Norway |
| Founded | 1983 |
| Headquarters | , |
Area served | Trøndelag and Møre og Romsdal |
| NOK 953 981' kr (2017) | |
| Owner | Trøndelag and Møre og Romsdal |
Number of employees | 32 |
| Website | vegamot.no |
Vegamot AS is a Norwegian toll company owned by Trøndelag and Møre og Romsdal counties. The company was created in 1983 and is headquartered in Trondheim.[1] All toll roads in Norway have a toll road operator responsible for the financing of the road project. The right to demand payment of toll charges is granted when a toll charge agreement is entered into with the Norwegian Public Roads Administration.[2]
Vegamot is one of the regional toll companies created following the Government’s decision to merge the toll companies into five regional companies. The Government signed a new toll charge agreement with the company on 18 August 2017.[3] The reform was proposed by Prime minister Solberg's cabinet and has four parts – a reduction of toll road operators, separation of the toll service provision for tolls and ferry tickets from the toll road companies, an interest compensation scheme for toll road loans, and a simplification of the price and discount schemes.[4]