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Press release

6/5/2018

Kapsch TrafficCom is growing its presence in the Spanish Market.

The Austrian technology company strengthens its footprint in Sourthern Europe with new projects in Spain. Latest mobility solutions will be implemented in León, Irun and Bilbao.

Vienna, June 5, 2018 – Kapsch is strengthening its position as a leader for urban mobility. After the acquisition and integration of Telvent, the transportation business of Schneider Electric in 2016, the company has been growing its footprint in the market ever since. In 2018, Kapsch already sealed three new contracts in Spain and is now offering its solutions in over 20 cities all over the country. "These new contracts reinforce Kapsch's position in the country and demonstrate our capabilities in both our core business tolling as well as in the field of urban mobility. Our long standing experience in these fields spans across an increasing numbers of countries,” says André Laux, COO Kapsch TrafficCom.

León, managing city traffic: Kapsch will implement an Access Control System for the Historic Centre with the aim of preserving the historic monuments and improving traffic flow through number plate recognition systems. This initiative has the objective of taking better care of the city’s heritage, enhancing the quality of life for residents and significantly improving transport links for local traders. In a nutshell, it should improve mobility and reduce harmful emissions. Through this six-year contract, Kapsch will also be responsible for the operations of the Traffic Control Room, as well as the renovation of the IT systems and the overall improvement of communications in the City of León.

Irun, increasing tolling capacity: As part of a joint venture, Kapsch and Construcciones Amenàbar will renew the Irun-Barrera toll, managed by the public entity Bidegi. The new system will provide users with more choice over payment methods, through the incorporation of electronic payments and on-board units. Used by over 14,200 vehicles each day, the implementation of Kapsch’s state-of-the-art technology will considerably increase toll capacity allowing it to manage up to 1,000 vehicles to pass each hour without stopping. This will speed up traffic by using both manual and automatic card/cash payment systems. The project, which shall be carried out in the next 16 months, comprises the supply, installation and commissioning of 20 toll stations.

Bilbao, improving railway ticketing: In collaboration with the company INSITEL, Kapsch has been awarded the maintenance of Bilbao railway and tram ticketing systems over the upcoming four years. This was granted by the Basque company Eusko Trenbideak-Ferrocarriles Vascos, part of the Department of Transportation and Public Works of the Basque Government. Kapsch will be responsible for equipment and systems’ maintenance of the Euskotren rail and tram ticketing network: in total 145 self-sale ticketing machines, 156 cancellation posts and 204 automatic station cancelling machines with flaps installed in the network. The objective of the project is to reduce daily incidents by as much as 50%.


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