EANS-Adhoc: Kapsch TrafficCom AG Kapsch TrafficCom receives order for a
nationwide electronic toll collection system in Belarus - Contract value for
implementation of the system at EUR 267 million
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distribution. The issuer is solely responsible for the content of this
announcement.
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29.02.2012
Vienna/Minsk, 29 February 2011 - Kapsch TrafficCom AG (ISIN AT000KAPSCH9),
listed on the Vienna Stock Exchange in the prime market segment, received the
order for the implementation and operation of a nationwide electronic toll
collection system in Belarus.
The agreement signed by Mr. Erwin Toplak, Chief Operating Officer of Kapsch
TrafficCom AG, and Mr. Ivan I. Shcherbo, Minister for Transportation and
Communication of the Republic of Belarus, today extends over a total road
network of 2,743km and contains both the implementation of a dedicated
short-range communication based system as well as the operation over 20 years.
The total contract value for the implementation of the system reaches
approximately EUR 267 million, out of which EUR 158 million fall upon the first
two phases within the next two years.
The first phase of the system shall start operation on 1 July 2013. Each phase
will be financed and implemented by Kapsch TrafficCom and reimbursed within
three years from the start of the operation.
"The introduction of such advanced toll collection system shows a serious
approach to make a substantial contribution for infrastructure development to
support the growth of economy of the Republic of Belarus.", says Erwin Toplak,
Chief Operating Officer of Kapsch TrafficCom AG
end of ad-hoc-announcement
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Kapsch TrafficCom is an international supplier of superior intelligent
transportation systems (ITS) and primarily supplies electronic toll collection
(ETC) systems. With its end-to-end solution portfolio, Kapsch TrafficCom covers
the entire value creation chain of its customers, from products and systems to
integration and operations, as a one-stop shop. Kapsch TrafficCom also offers
solutions for urban access management as well as for traffic safety and
security. Add-on applications to these solutions complement the offering. With
references in 41 countries in all 5 continents, Kapsch TrafficCom has positioned
itself among the internationally recognized suppliers of intelligent
transportation systems. Kapsch TrafficCom AG is headquartered in Vienna,
Austria, and represented in 27 countries.
Further inquiry note:
Marcus Handl
Investor Relations
Kapsch TrafficCom AG
Tel: +43 (0) 50 811 1120
Am Europlatz 2, A-1120 Vienna, Austria
E-mail: ir.kapschtraffic@kapsch.netwww.kapschtraffic.com
end of announcement euro adhoc
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issuer: Kapsch TrafficCom AG
Am Europlatz 2
A-1121 Wien
phone: +43 1 50811 1122
FAX: +43 1 50811 99 1122
mail: ir.kapschtraffic@kapsch.net
WWW: www.kapschtraffic.com
sector: Technology
ISIN: AT000KAPSCH9
indexes: Prime Market
stockmarkets: official market: Wien
language: English