Do you want to switch the language?

Kapsch Group
Press & Mediacenter

Press Contacts
Carolin Treichl

Executive Vice President Marketing & Communications
Kapsch Aktiengesellschaft
Am Europlatz 2, 1120 Vienna, Austria

+43 50 811 1710carolin.treichl@kapsch.net
28. June 2019
Kapsch TrafficCom to Lead Integration of Connected Vehicle Environment in Ohio.

Vienna, June 28, 2019  – Kapsch TrafficCom (Kapsch) has been selected by the city of Columbus, Ohio, to oversee the infrastructure integration of the city’s Smart Columbus Connected Vehicle Environment (CVE). The CVE is expected to enhance safety and mobility for vehicle operators and improve pedestrian safety in school zones by deploying connected vehicle (CV) infrastructure on the roadside and CV equipment in vehicles. The CVE will also provide sources of high-quality data for traffic management and safety purposes. As the infrastructure prime contractor, Kapsch will supply its roadside unit (RSU) ITS Station 9160 (RIS-9160) at over 100 Columbus intersections to support vehicle-to-infrastructure (V2I) safety and mobility applications. The RIS-9160’s technology is scalable to allow for easy upgrades to device capabilities. In addition, the Kapsch Smart Cities Control Center (SC3) will be used to configure, monitor, and gather live data from the entire environment. This data will be integrated into the Smart Columbus network with the ultimate goal of improving mobility for local residents while improving the safety and efficiency of the transportation network. The CVE project will integrate connected vehicles into the city’s transportation environment by installing in-vehicle and roadside technology, and by deploying CV applications that will enable enhanced safety and mobility features. The CVE will generate the transportation-related data that is needed by the connected vehicle applications. Kapsch will complete the RSU installation by February 2020, and monitor the status of the RSU network through the end of the demo period in March 2021. Partner subcontracters are Econolite, Path Master, and Danlaw. The Connected Vehicle Environment (CVE) project is one of multiple transportation-related projects in the Smart Columbus program. Smart Columbus was founded in 2016 when the city of Columbus won the Smart City Challenge led by the United States Department of Transportation (USDOT). It serves as a model for other cities wishing to incorporate new technologies into their transportation networks. The ambitious Columbus project proves Kapsch´s position as a global leader in smart urban mobility. Smart city and mobility solutions by Kapsch have been implemented in the cities of Madrid, Leon and Málaga (Spain) as well as in Saudi Arabia, the Dominican Republic and Ecuador – just to name a few. 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 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 with headquarters in Vienna, 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‘s about 5,000 employees generated revenues of EUR 738 million in fiscal year 2018/19.

Read the full article
18. June 2019
Kapsch TrafficCom – statement regarding the decision of the European Court.

In today’s judgement, the Court of Justice of the European Union found that the infrastructure use charge, in combination with the relief from motor vehicle tax in Germany, constitutes indirect discrimination on grounds of nationality and is in breach of the principles of the free movement of goods and of the freedom to provide services. On December 30, 2018, the German Federal Ministry of Transport and Digital Infrastructure as the responsible contracting authority commissioned a consortium consisting of Kapsch TrafficCom AG and CTS EVENTIM AG & Co. KGaA with the collection of the German infrastructure use charge (passenger vehicle toll). We and our partner CTS EVENTIM have been working together since the end of last year to ensure that the infrastructure charge can begin on schedule. We have already made good progress in setting up the operating company in recent months. Today’s judgement of the Court of Justice of the European Union is currently being evaluated. Currently it is unclear whether the infrastructure use charge will be implemented by the Federal Republic of Germany in an amended form or not. In coordination with our customer and our project partner we are evaluating the implications of the judgment on our cooperation. The contracts contain protective provisions that guard against pecuniary damages for the operating company and its shareholders. This also applies in the event that the infrastructure charge is not introduced.” 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 5,200 employees, and generated revenue of approximately EUR 693.3 million in fiscal year 2017/18.

Read the full article
18. June 2019
Results for the fiscal year of 2018/19.

Highlights. Revenues at a record high, increasing for the fourth year in a row Both segments experienced higher revenues, with positive EBIT development The increase in working capital is a testimony to the growing dynamics of the implementation business Stable balance sheet, higher equity ratio Outlook for the fiscal year 2019/20: both revenues and EBIT expected to grow by at least 5% Dividend proposal to the Annual General Meeting: EUR 1.50 per share (as in the previous year) “We have increased revenues for the fourth year in a row, raising them above EUR 700 million for the very first time. Furthermore, we have improved EBIT, in comparison to the previous year. The numerous new projects from the fiscal year 2018/19 provide us with stability and are the basis for further growth“, says Georg Kapsch, CEO of Kapsch TrafficCom. Unless otherwise stated, all values in EUR million Q4 2017/18 Q4 2018/19 +/- FY 2017/18 FY 2018/19 +/- Revenues 186.3  204.7 +9.9 % 693.3 737.8 +6.4 % EBIT 14.7  23.4 + 58.9 % 50.1 57.0 +13.9 % EBIT margin 7.9 %  11.5 % +3.5 %p 7.2 % 7.7 % +0.5 %p Profit for the period 5.1 24.7 +384.8 % 28.0 46.6 +66.1 % Earnings per share (EUR) 0.41 1.91 +370.9 % 2.21 3.68 +66.7 % Vienna, June 18, 2019  – Kapsch TrafficCom has published its final earnings for the fiscal year 2018/19, which hardly deviate from the preliminary revenues and operating result (EBIT) announced on May 17, 2019. Kapsch TrafficCom can look back on a very successful fiscal year 2018/19, despite a weak first half of the year. The company has increased revenues above EUR 700 million – to be precise, up to EUR 737.8 million (+6.4%) – for the very first time. The EBIT reached EUR 57.0 million (+13.9%), corresponding to an EBIT margin of 7.7% (previous year: 7.2%). Tax effects (particularly with regard to input tax) in Brazil totaling EUR -2.0 million prevented an even better result. Both segments contributed towards the growth. In the fourth quarter of 2018/19 the company once again succeeded in surpassing the record revenues of the previous quarter. This was due in particular to higher implementation revenues in the ETC (Electronic Toll Collection) segment and higher operations revenues in the IMS (Intelligent Mobility Solutions) segment. From a regional perspective, the Americas (North, Central and South America) were the revenue driver in the fourth quarter. Increased profitability in implementation projects and lower costs in operations projects led to a strong increase in EBIT. In addition, operating foreign currency gains of EUR 2.1 million and tax effects in Brazil of around EUR 2.0 million had a positive impact on the EBIT in the fourth quarter. As a negative tax effect of EUR -4.0 million was recorded in the previous quarter, the tax impact on the EBIT for the fiscal year 2018/19 was EUR -2.0 million. The financial results in the fiscal year 2018/19 were EUR -1.7 million, EUR 3.5 million better than in the previous year. A positive one-off effect due to the sale of our minority interest in ParkJockey, USA, (EUR 5.1 million) compensated in negative foreign currency effects, particularly in connection with the South African Rand (EUR 5.2 million). Tax expenses amounted to EUR 8.5 million (previous year: EUR 16.2 million). The higher EBIT, an only slightly negative financial result and lower tax expenses, led to significantly better results for the period compared to the previous year. This amounted to EUR 46.6 million (previous year: EUR 28.0 million), which corresponds to earnings per share of EUR 3.68 (previous year: EUR 2.21). The significant increase in working capital in the fiscal year 2018/19 is an important indicator of the growing dynamics in the area of our implementation projects – it is fundamentally a positive development. The associated negative free cash flow of EUR -57.5 million (previous year: EUR 21.8 million) needs to be seen from this point of view as well. Based on the negative free cash flow and since we distributed a dividend in the amount of EUR 19.5 million, net debt expanded to EUR 73.5 million at the end of the fiscal year 2018/19 (on March 31, 2018: a net cash of EUR 16.2 million). This corresponds to a gearing ratio of 28.4%. The equity ratio was again strong at 38.2% (March 31, 2018: 37.0%). Based on the encouraging results for the fiscal year 2018/19 and the robust balance sheet, the Executive Board of Kapsch TrafficCom will propose to the Annual General Meeting that a dividend of EUR 1.50 per share (EUR 19.5 million in total) should be distributed. Segment results. In the fiscal year 2018/19, 75.7% of the revenues were generated by the ETC segment and 24.3% by the IMS segment. 58.4% of the revenues were generated in the region Europe-Middle-East-Africa (EMEA), 34.3% in the region Americas (North, Central and South America) and 7.2 % in the region Asia-Pacific (APAC). ETC (Electronic Toll Collection). Unless otherwise stated,  all values in EUR million Q4 2017/18 Q4 2018/19 +/- FY 2017/18 FY 2018/19 +/- Revenues 134,8  151.5 +12.4 % 521.6 558.4 +7.1 % EBIT 11.7  24.6 + 111.3 % 53.5 64.9 +21.5 % EBIT margin 8.7 %  16.3 % +7.6 %p 10.3 % 11.6 % +1.4 %p Kapsch TrafficCom increased its revenues in the ETC segment to EUR 151.5 million in the fourth quarter of 2018/19, which is +12.4% greater than over the same period in the previous year. The EBIT margin reached 16.3% and was 7.6 percentage points above that of the previous year. In the fiscal year 2018/19, ETC revenues rose to EUR 558.4 million, an increase of 7.1% over the same period in the previous year. The company managed to more than offset a decline in revenue in the EMEA region (-3.6%) by a year-over-year rise in revenue in the Americas (+25.2%) and APAC (+39.9%) regions. ETC EBIT was at EUR 64.9 million and thus EUR 21.5% higher than in the previous year. The EBIT margin reached 11.6% (previous year: 10.3%). Kapsch TrafficCom sold 13.5 million on-board units during the fiscal year 2018/19 (previous year: 12.7 million). IMS (Intelligent Mobility Solutions). unless otherwise stated,  all values in EUR million Q4 2017/18 Q4 2018/19 +/- FY 2017/18 FY 2018/19 +/- Revenues 51.6  53.2 +3.2 % 171.6 179.4 +4.5 % EBIT 3.1  -1.2 n.m. -3.4 -7.9 -131.9 % EBIT margin 6.0 % -2.2 % -8.2 %p -2.0 % -4.4 % -2.4 %p IMS revenues in the fourth quarter of 2018/19 increased by 3.2% year-on-year to EUR 53.2 million. EBIT was negative at EUR -1.2 million (previous year: EUR 3.1 million). After one year in decline, the IMS segment grew again, with revenues achieving EUR 179.4 million (+4.5%) in the fiscal year 2018/19. The Americas (+13.2%) and EMEA (+1.8%) sales regions were responsible for the increase. Revenues only dropped in the APAC region – from EUR 6.8 million to EUR 3.6 million. The IMS-EBIT was at EUR -7.9 million and below the previous year’s value (EUR -3.4 million). The main reasons for this were the devaluation of the Zambian Kwacha, the adjustment of a tax credit in Brazil, and the negative profit contributions in the future areas of “Connected Mobility” and “Smart Urban Mobility.” Outlook. Kapsch TrafficCom plans to increase revenues by at least 5% in the fiscal year 2019/20. This is indeed possible, even though we need to realise that a few lucrative projects will come to an end, and that the project in Poland will generate much lower revenues. The most important growth market in the coming years will be North America (the USA and Canada). Growth rates in the double digits should be possible there (assuming revenues of approx. EUR 200 million in the 2018/19 fiscal year). EBIT is expected to grow by at least 5% (excluding any one-time effects) in the fiscal year 2019/20. The course of the 2019/20 fiscal year will be similar to that of the one before: a weaker first half-year period should be followed by a strong second half. The medium-term outlook remains unchanged. Kapsch TrafficCom plans to grow in both segments. At the same time, the company aims to raise the Group’s EBIT margin to a sustainable level of over 10%. To this end, EBIT in the ETC business is to be maintained well above 10% and EBIT in the IMS business is to be continuously improved. In a good environment, an IMS EBIT of up to 8% appears feasible from today’s perspective. The exit of the United Kingdom from the EU (as a result of Brexit) should have no significant impact on Kapsch TrafficCom's results, as the company’s local revenues there are in the single-digit million range. The report on the fiscal year of 2018/19 along with other materials concerning the results will be available at www.kapsch.net/ktc/ir/downloadcenter . 

Read the full article
13. June 2019
Kapsch TrafficCom equips state-of-the-art motorway Olympia Odos with hybrid tolling system.

Vienna, June 13, 2019  – Kapsch TrafficCom expands its toll management footprint in Europe by equipping the state-of-the-art Olympia Odos Greek motorway with 30 free flow rebate stations. The contract has been awarded by the Canadian IBI Group (who has a contract with the Apion Kleos Construction JV of Olympia Odos) enlisting Kapsch’s ongoing technical support for service and maintenance, based on a yearly agreement. Olympia Odos is one of the most significant motorway concessions in Greece, linking the cities of Athens, Corinth and the port city of Patras on the Peloponnese, via 202 kilometres of motorway. The planned upgrade will offer the first distance-based pricing model in Greece, available to all Electronic Toll Collection (ETC) users of Olympia Odos. The solution is based on the concept of providing a rebate to road users if they don’t travel the totality of the distance corresponding to an average distance charging zone (the current charging model). This new model is considered a ‘hybrid’ or ‘rebate’ system. The new solution involves the development of thirty entry and exit ramps, equipped with full tolling and enforcement stations for detection and classification of passing vehicles. The journeys recorded by the Roadside Systems (RSS) paired with those recorded in conventional toll plazas will calculate the rebate amount. Other motorway concessions in Greece are expected to adopt this hybrid tolling system and rebate model. 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 5,200 employees, and generated revenue of approximately EUR 693.3 million in fiscal year 2017/18.

Read the full article
27. May 2019
Kapsch TrafficCom implements intelligent mobility management solution in Valladolid.

The new system allows citizens to plan their journeys efficiently thanks to accessible recent information. Vienna/Madrid, May 27, 2019 – The city of Valladolid (Spain) has taken the first steps towards becoming a smart city. Kapsch TrafficCom implemented an intelligent mobility solution, which allows different transportation agencies to easily integrate their data and thus offering citizens a single information point on schedules or incidents of various means of transport. This projects’ objective is to offer an integrated traffic control system including parking management and public transport. Citizens will receive reliable information about transport in their city from one single source on the municipal website. Additionally, travelers will find information on variable message panels that the town has installed for this purpose. Based on Kapsch's EcoTrafiX TM software, the system allows users to plan their journeys more rationally and efficiently. The system analyses information and status of the different public transport means in order to propose effective routes and organize traffic in real time. The system optimizes the mobility conditions of collective transport, reduces traffic congestion in the city center, and thus guarantees that people have access to mobility in the best conditions. For the Valladolid City Council's Mobility Department the solution works as a "system of systems", whose main functionalities include event and incident management, asset management, data analysis, report generation, as well as the availability of data on the municipal website. This project is part of a strategy that the Valladolid City Council launched in 2015. Kapsch solutions for intelligent mobility are deployed all over Spain in cities such as Madrid, Malaga, Bilbao, Vitoria, Castellón, Donostia, La Coruña, Palencia and Huelva. 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 5,200 employees, and generated revenue of approximately EUR 693.3 million in fiscal year 2017/18.

Read the full article
2. May 2019
Kapsch TrafficCom installs traffic control system in Avilés (Spain).

Renewing the traffic management system over the next four years Improvements in the control of vehicle access to the old town in order to increase safety Vienna, May 2, 2019  – Kapsch TrafficCom has been awarded by the City Council of Avilés, in the Northern Central area of Spain, to renew the management of the traffic control system over the next four years. The contract, which exceeds EUR 1 million in value, includes the implementation of EcoTrafiX™, a system designed to capture, aggregate, archive and monitor various sources of traffic data. The collected data helps municipal technical management to analyse and manage traffic in real-time. As a result, even smaller municipalities, like Avilés with a population of only 78,000, can examine and identify the causes of congestion and provide effective solutions. Not only does the project enhance mobility efficiency, but also includes improvements in road safety, by controlling access into the historic centre. EcoTrafiX™ will be integrated to suit the current systems of the city of Avilés. However, there is potential to expand the solution by integrating additional functionalities and services. Traffic Management is not only valuable for major cities. “We are focused on diversifying our services and expanding the availability of our solutions”, explains Andrè Laux, COO Kapsch TrafficCom. “This is a great opportunity to demonstrate how the advantages of urban mobility management can be adjusted for municipalities of various sizes.” With the new contract, Kapsch increases its urban mobility management footprint in Spain. EcoTrafiX™ system is already implemented in Madrid, Malaga, Bilbao, Vitoria, Castellón, Donostia, La Coruña, Valladolid, Palencia and Huelva. 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 5,200 employees, and generated revenue of approximately EUR 693.3 million in fiscal year 2017/18.

Read the full article
30. April 2019
Federal Circuit Court Upholds ITC Ruling in Favor of KapschTrafficCom.

Vienna/McLean (USA), April 30, 2019  – Kapsch TrafficCom is pleased to announce an important court decision in the United States regarding the legal dispute with Neology, Inc. The latter claimed a violation of its patents by Kapsch importing electronic tolling products which use the ISO/IEC 18000-6C communications protocol (6C Standard). On April 19, the U.S. Court of Appeals for the Federal Circuit confirmed that the subject patent claims are invalid and, hence, affirmed the International Trade Commission (ITC) decision. Several of Neology’s 6C Standard patent claims were already invalidated by the United States Patent and Trademark Office (USPTO) in 2015, and the ITC had rejected as invalid several more claims in 2017. This important Federal Circuit decision further confirms and solidifies the right of Kapsch and other industry suppliers to operate and compete freely in the 6C Standard tolling marketplace, and to market, sell, and distribute 6C Standard tolling tags and readers to its customers throughout North America. Kapsch is a firm believer in open, non-proprietary protocols and standards to achieve electronic tolling interoperability. 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 5,200 employees, and generated revenue of approximately EUR 693.3 million in fiscal year 2017/18.

Read the full article
25. April 2019
Kapsch TrafficCom – Dr Michael Blum and Volker Schneble named Managing Directors of the operating company to collect German infrastructure charge.

CTS EVENTIM and Kapsch TrafficCom appoint experienced management team to head their joint venture Infrastructure charge to be introduced as of 1 October 2020 Vienna/Berlin, April 25, 2019  – Dr Michael Blum and Volker Schneble will manage the operating company that will collect Germany’s infrastructure charge for passenger vehicles (‘car toll’). They were appointed by the company’s shareholders, CTS EVENTIM and Kapsch TrafficCom. Both Managing Directors have extensive management experience in toll and traffic telematics projects. Dr Michael Blum has worked for over 20 years on innovative solutions in various companies in the mobility, infrastructure, consulting, and IT sectors. Until mid-April, he worked for Toll Collect for seven years, where he was head of corporate and product strategy, sales, and public affairs. Between 2007 and 2011, he headed the Berlin office of Dornier Consulting, a consultancy specializing in mobility, before which he had worked as a management consultant, and as managing partner of a medium-sized family-owned business. Volker Schneble began his career at international technology and consulting companies in Switzerland and the U.S. since 2005, the commercial lawyer and economics graduate has been working on intelligent transport solutions, initially as a research assistant in the German Bundestag. In 2012, he moved to the Austrian company Kapsch TrafficCom, a leading international provider of intelligent traffic systems, where he was head of sales in Germany, the Netherlands and Luxembourg and was most recently Managing Director in charge of the German market. Under his leadership, Kapsch won two of the largest contracts in the company’s history to date: the stationary control/monitoring and collection of the car toll. In the months ahead, Dr Michael Blum and Volker Schneble will press ahead with the development of the operating company. Together with their teams, they will successively take over the tasks that have been carried out since the end of 2018 under the lead management of the joint venture partners, CTS EVENTIM and Kapsch TrafficCom. The project partners seek to make all processes as intuitive, automated, and efficient as possible for both German and foreign users. The operating company’s digital approach is reflected, among other things, in the fact that the vignette for Germany will be a purely electronic solution. The car toll collection commission was finally awarded to the consortium consisting of CTS EVENTIM and Kapsch TrafficCom on December 30, 2018 in the course of an EU-wide tender by the Federal Ministry of Transport and Digital Infrastructure. As Europe’s leading ticketing company, CTS EVENTIM is contributing its expertise to a new business segment on a large scale for the first time. Kapsch TrafficCom has many years of experience with toll projects in more than 50 countries. The collaboration between the German government and the operating company has a term of at least twelve years from the introduction of the infrastructure charge as of 1 October 2020. The principal has the option of extending the contract once for a three-year period or three times for a one-year period (i.e., up to a total term of 15 years). Revenues from the infrastructure charge are specifically designated for investment in the traffic infrastructure. 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 5,200 employees, and generated revenue of approximately EUR 693.3 million in fiscal year 2017/18. CTS EVENTIM is one of the leading international providers of Ticketing and Live Entertainment. In 2018, approx. 250 million tickets were marketed using the company’s systems – through stationary box offices, online or mobile. Its online portals operate under brands such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, and entradas.com. The EVENTIM Group also includes many concert, tour and festival promoter companies for events like ‘Rock am Ring’, ‘Rock im Park’, ‘Hurricane’, ‘Southside’, and ‘Lucca Summer’. In addition, some of Europe’s most renowned venues are operated by CTS EVENTIM, for example the LANXESS arena in Cologne, the Waldbühne in Berlin and the EVENTIM Apollo in London. CTS EVENTIM AG & Co. KGaA (ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is currently a member of the SDAX segment. In 2018, its 3,141-strong workforce generated more than 1.2 billion Euros in revenue in 21 countries.

Read the full article
9. April 2019
Changes in the Executive Board of Kapsch TrafficCom AG.

Vienna, April 9, 2019  – Kapsch TrafficCom AG informs that the company’s Chief Technology Officer (CTO), Mr Alexander Lewald, will leave by mutual agreement by the end of April 2019. His term would have originally ended on October 31, 2019. During his almost four years with Kapsch, Mr. Lewald has contributed essentially to the evolution of the company. Among many other achievements he has substantially redefined the global product and solution portfolio and made it future-proof. The Supervisory Board and the colleagues from the Executive Board thank Mr Lewald for his commitment and contribution to the success of the company and wish him all the best for his private and professional future. Mr Alfredo Escriba will take over the role as CTO for a term of five years. Mr Escriba joined the Group in 2016 when Kapsch acquired Schneider Electric’s global transportation business. Before the acquisition, he had been responsible for the US market covering the important markets of both tolling and traffic management. During his time with Kapsch, Mr Escriba has developed the company’s urban traffic management business and has actively participated in the definition of the overall Kapsch TrafficCom strategy. With all of this, Alfredo Escriba proofed his strategic and operational capabilities as well as his outstanding leadership skills. Furthermore, Kapsch TrafficCom announces that the term of André Laux, Chief Operating Officer (COO) was extended by five years (i.e. until March 31, 2024). 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 5,200 employees, and generated revenue of approximately EUR 693.3 million in fiscal year 2017/18.

Read the full article

Kapsch Group Headquarters

Kapsch Aktiengesellschaft

Kapsch TrafficCom Headquarters

Kapsch TrafficCom AG

Kapsch BusinessCom Headquarters

Kapsch BusinessCom AG
How may I help you?