Brief: Kapsch Trafficcom Wins Extension Of Projects And Additional Contract

Kapsch TrafficCom AG

11/01/2021 09:06

Jan 11 (Reuters) - KAPSCH TRAFFICCOM AG  KTCG.VI :
    * TWO MAJOR PROJECTS EXTENDED AND AN ADDITIONAL CONTRACT
    * SOUTH AFRICAN NATIONAL ROADS AGENCY (SANRAL) REQUESTED AN
EXTENSION OF CONTRACT BY 12 MONTHS, I.E., UNTIL DECEMBER 2021
    * HAS BEEN AWARDED A FURTHER EXTENSION OF CONTRACT TO
SUPPORT
OPERATION OF NATION-WIDE ELECTRONIC TOLL SYSTEM IN POLAND BY
FIVE MONTHS, E.G., UNTIL EARLY JULY 2021
    * SOUTH AFRICAN NATIONAL ROADS AGENCY (SANRAL) EXTENSION OF
CONTRACT: REVENUES PER MONTHS WILL BE AT AROUND EUR 3.7 MILLION
    * EXTENSION OF SUPPORT OPERATION OF ELECTRONIC TOLL SYSTEM
IN
POLAND: REVENUES PER MONTH WILL BE STABLE AT AROUND EUR 2.4
MILLION
    * IN POLAND, KAPSCH TRAFFICCOM HAS ALSO BEEN AWARDED
PROVISION OF
DIRECT DISTRIBUTION SERVICES WITH REGARD TO NEW SATELLITE-BASED
TOLL SYSTEM
    * CONTRACT FOR PROVISION OF DIRECT DISTRIBUTION SERVICES IN
POLAND
HAS A TERM OF 24 MONTHS AND VOLUME OF UP TO ABOUT EUR 30 MILLION

Source text for Eikon:  ID:nAPA1kKs8V 
Further company coverage:  KTCG.VI 

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