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Press Release

10/10/2017

Kapsch TrafficCom awarded contract for nationwide tolling system in Bulgaria

Vienna, October 10, 2017 – Kapsch TrafficCom, a listed company, has been awarded the contract to implement a nationwide tolling system in Bulgaria for trucks over 3.5 tons, including technical configuration and provision of technical support. The contract also extends to introduction of an electronic vignette for passenger cars. The project will run for 19 months and comprises the delivery and setup of 500 terminals for registering and issuing electronic vignettes, 100 enforcement vehicles, 100 weigh-in-motion facilities, and 100 tolling gantries as well as a data center and a back office. Kapsch TrafficCom has seven months in which to complete the infrastructure.

For the Bulgarian contract, Kapsch TrafficCom will be implementing the company’s proprietary, satellite-supported vehicle identification and toll collection system. The system makes use of on-board tracking devices which employ satellite technology to determine the position of the trucks and automatically collect the tolls.

The advantage of this solution lies in its flexibility, which allows tolls to be calculated on the basis of distance driven, vehicle weight, road category, time of day, and current traffic situation. Tolls will be collected on all class I, II, and III roads, i.e. on all paved roads. That encompasses 16,000 to 18,000 kilometers, or approximately 80% of the road network. “Bulgaria is a key market for us in an extremely promising regional environment,” according to André Laux, COO of Kapsch TrafficCom. “We are quite pleased to be able to commence implementation after a very time-intensive bidding phase,” he adds.

Kapsch TrafficCom fulfilled 100% of the technical criteria for award of the contract, and also proved to be the lowest-priced bidder with a project volume of just under EUR 75 million. Bulgaria is the sixth European country in which Kapsch TrafficCom has been given responsibility for implementing a nationwide toll collection system, after Austria, Switzerland, Poland, the Czech Republic, and Belarus.


Kapsch TrafficCom is a supplier of Intelligent Transport Systems applied to toll collection, traffic management, intelligent urban mobility, safety as well as traffic protection and connected vehicles. As a unique solutions supplier, Kapsch TrafficCom offers complete solutions covering the entire supply chain of its customers, from components and design, to system implementation and commissioning. In addition to reducing contamination, the Kapsch TrafficCom mobility solutions turn traffic safer, more reliable and comfortable in any urban street or highway.

Kapsch TrafficCom is a recognised international supplier of intelligent transport systems thanks to the many successfully completed projects in over 50 countries worldwide. The family company, with headquarters in Vienna, Austria, celebrated this year 2017, 125 years of success developing and implementing new technologies to help its customers. As part of the Kapsch Group, Kapsch TrafficCom has affiliates and branches in over 30 countries. Since 2007, the company is listed in the Vienna Stock Exchange (KTCG). Today, Kapsch TrafficCom employs over 4,800 employees. The turnover of the company in fiscal year 2016/17 was approximately 648.5 million Euros.

 

Press contact:

Alf Netek
Chief Marketing Officer & Press Officer
Kapsch Aktiengesellschaft
Am Europlatz 2, 1120 Vienna, Austria
P +43 50 811 1700
alf.netek@kapsch.net
Alexandra Vieh
Head of Marketing and PR, Global
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
P +43 50811 1728
alexandra.vieh@kapsch.net

Investor contact:

Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
P +43 50 811 1122
ir.kapschtraffic@kapsch.net