Landscape orientation is not supported!
Please turn your device to portrait mode.

We use cookies on our website to ensure that we give you the best experience and to improve our website constantly, for statistical analyses and to adapt the content to your needs. To learn more about how we use cookies and how you can change your settings please click here! If you continue your session on kapsch.net, you consent to the use of cookies.
Loading

Press release

1/16/2018

Kapsch TrafficCom begins implementing tolling project in Bulgaria

Vienna/Sofia, January 16, 2018 – With yesterday´s signing of the contract to set up a nationwide tolling system in Bulgaria by Doncho Atanasov, Chairman of the Bulgarian Roads Infrastructure Agency, and Michael Weber on behalf of the Kapsch Traffic Solutions consortium, implementation of the project has begun immediately. Kapsch TrafficCom, a listed company, is responsible for the setup, technical configuration, and technical support of the nationwide tolling system for trucks over 3.5 tons, as well as the introduction of an electronic vignette for passenger cars in Bulgaria.

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. The infrastructure must be installed within seven months. The value of the contract is BGN 149.9 million (approximately EUR 76.7 million).

The contract was signed in the presence of Nikolay Nankov, the Bulgarian Minister of Regional Development and Public Works, and André F. Laux, Chief Operating Officer of Kapsch TrafficCom. 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 provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles. As a one-stop solutions provider, Kapsch TrafficCom offers end-to-end solutions covering the entire value creation chain of its customers, from components and design to the implementation and operation of systems. The mobility solutions supplied by Kapsch TrafficCom help make road traffic safer and more reliable, efficient, and comfortable in urban areas and on highways alike while helping to reduce pollution.

Kapsch TrafficCom is an internationally renowned provider of intelligent transportation systems thanks to the many projects it has brought to successful fruition in more than 50 countries around the globe. As part of the Kapsch Group, Kapsch TrafficCom has subsidiaries and branches in more than 30 countries. It has been listed in the Prime Market of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). Kapsch TrafficCom currently has more than 4,800 employees, and generated revenue of approximately EUR 648 million in fiscal year 2016/17.

 

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