EANS-News: Kapsch TrafficCom AG Czech Ministry of Transport does not consider
the offer of Kapsch TrafficCom for the new country-wide tolling system as the
cheapest.
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Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
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Kapsch TrafficCom evaluates legal steps.
Government Contracts
Wien - Kapsch TrafficCom has been informed by the Czech Ministry of Transport
that it does not consider the company's offer for design, build and operation of
the new country-wide tolling system as the cheapest. This comes somewhat
surprising as according to the tender documents a competitive dialogue should
have taken place with the bidders following the opening of the preliminary
financial quotes for the project. As this has not happened and for a number of
other reasons Kapsch TrafficCom evaluates legal steps against this decision of
the Ministry of Transport.
Further inquiry note:
Alf Netek
Chief Marketing Officer & Press Officer
Kapsch Aktiengesellschaft
Am Europlatz 2
1120 Vienna
Austria
T +43 50 811 1700
alf.netek@kapsch.net
Investor Contact:
Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2
1120 Vienna
Austria
T +43 50 811 1122
ir.kapschtraffic@kapsch.net
end of announcement euro adhoc
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issuer: Kapsch TrafficCom AG
Am Europlatz 2
A-1120 Wien
phone: +43 1 50811 1122
FAX: +43 1 50811 99 1122
mail: ir.kapschtraffic@kapsch.net
WWW: www.kapschtraffic.com
ISIN: AT000KAPSCH9
indexes:
stockmarkets: Wien
language: English