The demands of striking carriers would cost half a billion euros

Fulfilling the requirements of the Union of Road Carriers of Slovakia (UNAS) in the case of tolls would cause immediate damage amounting to almost half a billion euros.

Only the loss of revenue from toll collection in 2021 and 2022 would amounted to EUR 442.5 million if the current toll system were abolished, as requested by UNAS. The National Highway told it on Thursday spoločnosť, as (NDS) with the proviso that this would mean its immediate initial insolvency and secondary effects on the financial situation of suppliers and the Slovak economy in employment and solvency.

According to highways, stopping the toll system would also cause it inability to fulfill contractual obligations from already concluded contracts and from that resulting contractual sanctions, breach of binding covenants investment loans and impending cross default NDS with immediate repayment investment loan balances of EUR 112 million. Plus, it would led to a breach of the terms of the operating loans and immediate repayment operating loan frameworks for EUR 150 million.

“NDS also recalls that the changes in the toll system caused requirements of road hauliers in 2014 and 2016 mean for the years 2014 to 2022 loss of EUR 388.8 million on the toll collection side and vice versa profit or savings of hauliers of EUR 364 million, “ said NDS spokeswoman Michaela Michalová. Still NDS with carriers discussed further discounts in the toll system, which, however, UNAS he refused.

Failure to apply valorisation this year by hauliers by the end of the year 2020, they will receive another 6.2 million euros. “Car carriers with vehicles over 3.5 tonnes will be able to benefit from volume discounts from toll rates from the first kilometer driven in a calendar year. For carriers it will save 12.61 million euros by 2022, “ Michalová pointed out. “Non-application of valorisation and new discounts on tolls carriers will save EUR 32.81 million by 2022, exactly that amount less will be collected in the NDS toll, “the spokeswoman added.

Truck protest

UNAS announced that it is planning in Bratislava on Friday, February 7 organize a protest drive of cars and commercial vehicles with a subsequent protest rally in front of the Office of the Government of the Slovak Republic. The goal is according to the Union, the opening of the toll system contract and its amendments, as well as inference of criminal liability.

UNAS ended the blocking of border crossings on January 29, stating that remains on standby. The hauliers resumed the strike the day before, resp. protest for meeting their demands for a reduction in tax rates from motor vehicles by 50 percent and a significant increase in toll rebates from current 3% to 11% to 18% to 27%.

A European directive allows the Member States of the European Union apply a maximum discount of 13% of the charge for the use of transport infrastructure by lorries. Ministries of Finance and Transport and UNAS demands were unrealistic. Both resorts are finally agreed with the Association of Road Carriers of the Slovak Republic ČESMAD Slovakia on discounts from motor vehicle tax rates of around € 30 million per year, and on toll rebates from the first kilometer driven for almost EUR 8.5 million per year.

Fulfilling the requirements of the Union of Road Carriers of Slovakia (UNAS) in the case of tolls would cause immediate damage amounting to almost half a billion euros.

Only the loss of revenue from toll collection in 2021 and 2022 would amounted to EUR 442.5 million if the current toll system were abolished, as requested by UNAS. The National Highway told it on Thursday spoločnosť, as (NDS) with the proviso that this would mean its immediate initial insolvency and secondary effects on the financial situation of suppliers and the Slovak economy in employment and solvency.

According to highways, stopping the toll system would also cause it inability to fulfill contractual obligations from already concluded contracts and from that resulting contractual sanctions, breach of binding covenants investment loans and impending cross default NDS with immediate repayment investment loan balances of EUR 112 million. Plus, it would led to a breach of the terms of the operating loans and immediate repayment operating loan frameworks for EUR 150 million.

“NDS also recalls that the changes in the toll system caused requirements of road hauliers in 2014 and 2016 mean for the years 2014 to 2022 loss of EUR 388.8 million on the toll collection side and vice versa profit or savings of hauliers of EUR 364 million, “ said NDS spokeswoman Michaela Michalová. Still NDS with carriers discussed further discounts in the toll system, which, however, UNAS he refused.

Failure to apply valorisation this year by hauliers by the end of the year 2020, they will receive another 6.2 million euros. “Car carriers with vehicles over 3.5 tonnes will be able to benefit from volume discounts from toll rates from the first kilometer driven in a calendar year. For carriers it will save 12.61 million euros by 2022, “ Michalová pointed out. “Non-application of valorisation and new discounts on tolls carriers will save EUR 32.81 million by 2022, exactly that amount less will be collected in the NDS toll, “the spokeswoman added.

Truck protest

UNAS announced that it is planning in Bratislava on Friday, February 7 organize a protest drive of cars and commercial vehicles with a subsequent protest rally in front of the Office of the Government of the Slovak Republic. The goal is according to the Union, the opening of the toll system contract and its amendments, as well as inference of criminal liability.

UNAS ended the blocking of border crossings on January 29, stating that remains on standby. The hauliers resumed the strike the day before, resp. protest for meeting their demands for a reduction in tax rates from motor vehicles by 50 percent and a significant increase in toll rebates from current 3% to 11% to 18% to 27%.

A European directive allows the Member States of the European Union apply a maximum discount of 13% of the charge for the use of transport infrastructure by lorries. Ministries of Finance and Transport and UNAS demands were unrealistic. Both resorts are finally agreed with the Association of Road Carriers of the Slovak Republic ČESMAD Slovakia on discounts from motor vehicle tax rates of around € 30 million per year, and on toll rebates from the first kilometer driven for almost EUR 8.5 million per year.