EANS-News: Electronic Tolling System from Kapsch in Belarus starts with
Technical Operations on 1 July 2013, Commercial Operations starts on 1 August
2013
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Government Contracts/Company Information
Minsk/Vienna (euro adhoc) - 28 June 2013 - The Electronic Tolling System
implemented by Kapsch TrafficCom in Belarus will start technical operations on 1
July 2013. This will be followed by the electronic charging, the commercial
operations, on 1 August 2013. Until that date, the existing system will remain.
Kapsch and the Belarusian Ministry of Transport and Communications agreed that
road users will be able to obtain registration and the required on-board unit at
the designated customer service points within this period of time. This will
avoid long queues and congestions at the border stations.
Kapsch TrafficCom received the order for the implementation and operation of a
nationwide electronic toll collection system in Belarus in February 2012. The
system is based on dedicated short-range communication and operations are
scheduled for a period of 20 years.
Kapsch TrafficCom is a provider of intelligent transportation systems (ITS) in
the application fields of road user charging, urban access and parking, road
safety enforcement, commercial vehicle operations, electronic vehicle
registration, traffic management and V2X cooperative systems. Kapsch TrafficCom
covers with end-to-end solutions the entire value creation chain of its
customers as a one-stop shop, from components and subsystems to their
integration and operation. The solutions of Kapsch TrafficCom help to provide
funding for infrastructure projects, to increase traffic safety, to optimize
traffic flow, and to reduce environmental pollution from traffic. The core
business is to design, build and operate electronic toll collection systems for
multi-lane free-flow traffic. References in 43 countries on all continents make
Kapsch TrafficCom a recognized supplier of electronic toll collection worldwide.
As part of the Kapsch Group, a family-owned Austrian technology group founded in
1892, Kapsch TrafficCom, headquartered in Vienna, Austria, has subsidiaries and
representative offices in 33 countries, has been listed on the Vienna Stock
Exchange (KTCG) since 2007, and generated with more than 3,000 employees
revenues of EUR 488.9 million in fiscal year 2012/13.
For additional information: www.kapsch.net and www.kapschtraffic.com
Follow us on Twitter: twitter.com/kapschnet.
Further inquiry note:
Katharina Riedl
Spokesperson
Kapsch AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50 811 1705
Email katharina.riedl@kapsch.net
Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50 811 1120
Email ir.kapschtraffic@kapsch.net
end of announcement euro adhoc
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company: 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