RCS - Kapsch TrafficCom AG - Kapsch TrafficCom to set up a MLFF in Gothenburg
14/07/2022 08:45
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RNS Number : 4648S Kapsch TrafficCom AG 14 July 2022
Kapsch TrafficCom AG / Key word(s): Miscellaneous
Kapsch TrafficCom to set up of one of the largest urban Multi-Lane Free-Flow
systems worldwide in Gothenburg
14.07.2022
The issuer is solely responsible for the content of this announcement.
Kapsch TrafficCom to set up of one of the largest urban Multi-Lane Free-Flow
systems worldwide in Gothenburg
· Kapsch to design, build and run operations for 10 years
Vienna/Gothenburg, July 14 2022 - The Swedish Transport Administration
(Trafikverket) has assigned Kapsch TrafficCom to build a new Multi-Lane
Free-Flow system (MLFF) in Gothenburg, Sweden. The contract was signed on
July, 5 2022.
The MLFF scheme covers a complex city area passed through by approximately 150
million vehicles each year. In terms of tolling stations and charging points,
the Swedish project ranks among the biggest urban congestion charging projects
in the world.
"We are proud to have won this large-scale contract and look forward to
implementing a reliable and high-performing system in Gothenburg. Our system
will capture vehicle data in a quality which is the best-in-class within the
tolling industry. We will provide the best possible information to enable the
authority to make the correct taxation decisions of the vehicles using the
infrastructure." says Mikael Hejel, responsible Area Sales Manager for the
Nordic countries.
In the city of Gothenburg, the existing system supplied by two different
providers is reaching its end of life. Therefore the 42 existing tolling
stations consisting of 85 charging and checkpoints will be fully replaced,
covering a total of 138 lanes. The new Multi-Lane Free-Flow System allows
vehicles to be identified automatically at the free-flow tolling stations,
under any traffic and climatic conditions. The information captured is
transmitted to the back-office of the Swedish Transport Agency
(Transportstyrelsen) for processing and invoicing taxation decisions to the
vehicle owners. The scheme generates approximately 90 million Euros in tax
revenue per year.
The contract covers both the replacement of all existing charging points and
checkpoints by the new MLFF system provided by Kapsch TrafficCom, as well as
the technical operation 24/7/365 for 10 years. The contract also includes
options of extension of the technical operation and options for supply of
additional charging points and checkpoints.
Please find the full release at: Press (kapsch.net)
(https://www.kapsch.net/en/press/releases/ktc-20220714-pr-en)
Kapsch TrafficCom is a globally renowned provider of transportation solutions
for sustainable mobility with successful projects in more than 50 countries.
Innovative solutions in the application fields of tolling, tolling services,
traffic management and demand management contribute to a healthy world without
congestion.
With one-stop-shop solutions, the company covers the entire value chain of
customers, from components to design and implementation to the operation of
systems.
Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in
more than 25 countries and is listed in the Prime Market segment of the
Vienna Stock Exchange (ticker symbol: KTCG). In its 2021/22 financial year,
4,220 employees generated revenues of about EUR 520 million.
Press Contact:
Carolin Treichl Ingrid Riegler
Executive Vice President Marketing & Communications
Head of Corporate Communications
Kapsch TrafficCom AG
Kapsch TrafficCom AG
P +43 50 811 1710
P +43 50 811 1724
carolin.treichl@kapsch.net (mailto:carolin.treichl@kapsch.net) ingrid.riegler@kapsch.net (mailto:ingrid.riegler@kapsch.net)
14.07.2022 This Corporate News was distributed by EQS Group AG. www.eqs.com
14.07.2022 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: 1397433
End of News EQS News Service
1397433 14.07.2022
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