Press Release

11/29/2016 - Company, Investor News

Kapsch TrafficCom awarded contract to modernize the Austrian GO toll collection system

Kapsch TrafficCom and ASFINAG make electronic toll collection fit for the future

Vienna, November 29, 2016 – It has been announced that Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, has been awarded the contract to implement and operate the “GO Maut 2.0 – Mauttechnik” toll collection system (national toll collection system for vehicles over 3.5 metric tons) by Austria’s highway and expressway operator ASFINAG (Autobahnen- und Schnellstraßen-Finanzierungs-Aktiengesellschaft). The contract comprises modernizing roadside infrastructure at around 500 locations, and bringing the corresponding center (RSE proxy) up to the latest technological standards. The contract has been signed and work is due to begin immediately. After the new system has been approved, technical operation of the system will run for a period of ten years, with the option of five one-year extensions.

Modernization of the Austrian system sets new technological standards worldwide

Instead of two gantries, future roadside toll enforcement will only require a single enforcement gantry. This gantry will bear the radio beacons and cameras for number plate recognition as well as an optical vehicle classification system designed for use in a national toll collection system for the first time. Using high-resolution video cameras and stereo video imaging processing technologies, the vehicle class and number of axes on each vehicle subject to tolls can be directly determined in free-flowing traffic. This enables a high degree of precision in enforcing adherence to tariff classes. The control center to be redesigned will apply innovative plausibility algorithms based on database image processing methods. This considerably increases the efficiency of toll enforcement, leading to significant reductions in the cost of enforcement operations. Energy efficiency will also rise: new energy saving components for roadside toll technology will lead to a major reduction in the Austrian toll collection system’s level of energy consumption. Consequently, the newly designed Kapsch toll collection technology contributes to more ecological toll collection.

Implementation with the greatest possible domestic added value

Almost all the core components in the toll collection technology have been developed by Kapsch employees and produced in-house at the Kapsch production site in Vienna. Even when using subcontractors, Kapsch predominantly relies on domestic companies. For example, the steel structures used in erecting the new toll collection and control gantries are supplied by the company Forster based in Waidhofen/Ybbs. Many other small parts suppliers and service providers are also Austrian companies.

Kapsch TrafficCom is a provider of intelligent transportation systems (ITS) in the segments of toll collection, city access control and parking space management, traffic management, traffic monitoring, utility vehicle monitoring, electronic vehicle registration and V2X cooperative systems. The end-to-end solutions of Kapsch TrafficCom cover the entire value creation chain of its customers, from components and design to the installation and operation of systems, all from a single source. The core business comprises the development, installation and operation of electronic toll collection and traffic management systems.
Reference projects in more than 50 countries on all continents have made Kapsch TrafficCom a globally recognized ITS provider. As part of the Kapsch Group, an Austrian family-owned technology group founded in 1892, Kapsch TrafficCom is headquartered in Vienna, Austria, and has subsidiaries and branches in 33 countries. It has also been listed since 2007 on the Vienna Stock Exchange (KTCG) and earned revenues of EUR 526 million in the 2015/16 fiscal year. The company employs over 4,600 employees worldwide.

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Press contact:

Ingrid Lawicka
Spokesperson
Kapsch AG
Am Europlatz 2, 1120 Vienna, Austria
P +43 50 811 1705
ingrid.lawicka@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

 

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