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RCS - Kapsch TrafficCom AG - 75% Reduced Travel Time

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RNS Number : 6845J  Kapsch TrafficCom AG  28 April 2022

 Kapsch TrafficCom AG / Key word(s): Miscellaneous

Kapsch TrafficCom AG: 75% Reduced Travel Time: New Colombia Traffic Management
 System Strengthens Regional Economy

28.04.2022

The issuer is solely responsible for the content of this announcement.

 75% Reduced Travel Time: New Colombia Traffic Management System Strengthens
 Regional Economy

 - Intelligent Transport System increases throughput, reduces travel times by
 almost 75%

 - Safer traffic for individuals and better mobility for businesses in
 Antioquia region

 Vienna/Bogotá, April 28, 2022 - Within just a few months the highways and
 tunnels of the Vias del Nus concession have registered over 300,000 vehicles.

 Stretching over 157 kilometers, the Vias del Nus highway network connects
 Colombia's second largest city Medellin and its 2.5 million inhabitants with
 the eastern parts of the Antioquia region. The intelligent transportation
 system used by the concession provides safety and improved mobility for road
 users. This also helps the tourism, agricultural and transportation sectors of
 the surrounding municipalities, as the roadway connects the region to more
 populated areas of the country.

 "From December 4 to date, the operation has been impeccable. More than 300,000
 vehicles have passed through and there have been no incidents, with the
 exception of a couple of stranded vehicles that have been attended to
 immediately, so we are very satisfied," says Ricardo López Lombana, General
 Manager of Vinus.

 It is estimated that vehicle circulation through the concession's La Quiebra
 tunnels has increased by 60% since the system was implemented, positively
 impacting the region's economy.

 "Tourist traffic to previously difficult-to-reach municipalities has
 skyrocketed. What used to be a three-hour drive from Medellin can now be
 reached within 40 to 50 minutes, increasing competitivity and attracting new
 investors to the region," continues the Vinus manager.

 Olga Villegas, Vice President of Kapsch TrafficCom for Colombia and the entire
 Andean Region, adds: "We at Kapsch TrafficCom are proud to provide reliable
 and safe technological solutions in such a strategic project that improves the
 country's transportation network. Our DYNAC solution guarantees the high level
 of security required by this important road corridor that is frequented by
 thousands of vehicles every day."

 The La Quiebra tunnels, 4.3 kilometers each, are the first tunnels in Latin
 America to be equipped with the high performance software suite DYNAC,
 developed and implemented by Kapsch TrafficCom. DYNAC integrates three systems
 that are usually found separately: a SCADA (Supervisory Control and Data
 Acquisition) system for control of electromechanical elements, an incident
 management system and a system for ATMS (Advanced Traffic Management System)
 management. In its modern control center, the system manages and monitors
 traffic, responding to any incident quickly and efficiently to prevent
 congestion.

 

 Kapsch TrafficCom is a globally renowned provider of transportation solutions
 for sustainable mobility. Innovative solutions in the application fields of
 tolling, tolling services, traffic management and demand management contribute
 to a healthy world without congestion.

 Kapsch has brought projects to fruition in more than 50 countries around the
 globe. With one-stop solutions, the company covers the entire value chain of
 customers, from components to design and implementation to the operation of
 systems.

 As part of the Kapsch Group and headquartered in Vienna, Kapsch TrafficCom has
 subsidiaries and branches in more than 25 countries. It has been listed in the
 Prime Market segment of the Vienna Stock Exchange since 2007 (ticker symbol:
 KTCG). In its 2020/21 financial year, around 4,660 employees generated
 revenues of about EUR 500 million.

Press contact:
 Carolin Treichl

Executive Vice President Marketing & Communications

Kapsch TrafficCom AG

Am Europlatz 2, 1120 Vienna, Austria

P +43 50 811 1710
 carolin.treichl@kapsch.net (mailto:carolin.treichl@kapsch.net)
 Veronica Horta

Regional Marketing and Communications - LAM

Kapsch TrafficCom Chile S.A.

Avenida del Valle Norte 857, Piso 3

Ciudad Empresarial, Huechuraba

Santiago, Chile
 veronica.horta@kapsch.net (mailto:veronica.horta@kapsch.net)

 

 Further information: www.kapsch.net/ktc (http://www.kapsch.net/ktc)

 28.04.2022 This Corporate News was distributed by EQS Group AG. www.eqs.com

 

Further information: www.kapsch.net/ktc (http://www.kapsch.net/ktc)

 

 

 

28.04.2022 This Corporate News was distributed by EQS Group AG. www.eqs.com

 

 Language:     English
 Company:      Kapsch TrafficCom AG
               Am Europlatz 2
               1120 Vienna
               Austria
 Phone:        +43 50811 1122
 Fax:          +43 50811 99 1122
 E-mail:       ir.kapschtraffic@kapsch.net
 Internet:     www.kapschtraffic.com
 ISIN:         AT000KAPSCH9
 WKN:          A0MUZU
 Listed:       Vienna Stock Exchange (Official Market)
 EQS News ID:  1337141

 

 End of News  EQS News Service

1337141  28.04.2022

 

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