The ratings on Autobahnen- und Schnellstrassen-Finanzierungs-Aktiengesellschaft (ASFINAG) reflect its monopoly position as constructor and operator of the Austrian motorway and high-speed road network, the strong explicit and implicit government support ensured by the company's strategic importance to its sole shareholder the Republic of Austria (AAA/Stable/A-1+), and a tight legal framework defining the government's role in ASFINAG's operations. ASFINAG is responsible for the financing, construction, maintenance, and operation of the entire Austrian network of motorways and high-speed roads. Although the motorway network remains the property of the republic, ASFINAG has been granted the usufruct over the network. It generates revenues from tolls and usage fees, fines issued, and the operation of service areas. Government support and control of ASFINAG is significant.
