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Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
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Government Contracts/Contracts
Vienna - For a period of five years, Kapsch Traffic Solutions, a consortium of
various Kapsch TrafficCom Group companies, will be in charge of the technical
operation of the passenger vehicle e-vignette system and the electronic truck
toll system in Bulgaria. The award follows a public tender which saw Kapsch
Traffic Solutions as the best bidder. The technical operation comprises the
maintenance of all hardware and software as well as the operation of the data
centers. The total project volume amounts to about EUR 60 million.
Kapsch Traffic Solutions built and implemented the current passenger vehicle e-
vignette system and the electronic truck toll system in Bulgaria. They were
finalized and handed over to the state in 2019 and 2020, respectively.
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Kapsch TrafficCom is a globally renowned provider of transportation solutions
for sustainable mobility. Innovative solutions in the application fields of
tolling, tolling services, traffic management and demand management contribute
to a healthy world without congestion.
Kapsch has brought projects to fruition in more than 50 countries around the
globe. With one-stop solutions, the company covers the entire value chain of
customers, from components to design and implementation to the operation of
systems.
As part of the Kapsch Group and headquartered in Vienna, Kapsch TrafficCom has
subsidiaries and branches in more than 30 countries. It has been listed in the
Prime Market segment of the Vienna Stock Exchange since 2007 (ticker symbol:
KTCG). In its 2019/20 financial year, around 5,100 employees generated revenues
of EUR 731 million.
Further inquiry note:
Investor contact:
Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
T +43 50 811 1122
IR.kapschtraffic@kapsch.net
Press contact:
Carolin Treichl
Executive Vice President Marketing & Communications
Kapsch Aktiengesellschaft
Am Europlatz 2, 1120 Vienna, Austria
T +43 50 811 1710
carolin.treichl@kapsch.net
Mohamed Thaler-Youssef
Public Relations
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
T +43 50 811 1705
mohamed.thaler-youssef@kapsch.net
end of announcement euro adhoc
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Attachments with Announcement:
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http://resources.euroadhoc.com/documents/2235/5/10650721/1/CN_KTC_210118_technical_operation_Bulgaria.pdf
(END) Dow Jones Newswires
January 18, 2021 08:00 ET (13:00 GMT)