Q-Free awarded toll tag contract in Russia

Q-Free has recently signed a three-year framework agreement to supply toll tags to Northern Capital Highway, a toll operator in St. Petersburg, Russia. The agreement has a total value of approximately US$1.4 million (NOK11 million) over the period.

According to Q-Free, the tag market in Russia has been picking up over the last years and the company has received orders from several customers, although the framework agreement with Northern Capital Highway is the largest single agreement for Q-Free in Russia to date.