EQS-News: Kapsch TrafficCom to set up of one of the largest urban Multi-Lane Free-Flow systems worldwide in Gothenburg
EQS-News: 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 / 08:00
The issuer is solely responsible for the content of this announcement.
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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: [1]Press (kapsch.net)
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 & Head of Corporate Communications
Communications Kapsch TrafficCom AG
Kapsch TrafficCom AG P +43 50 811 1724
P +43 50 811 1710 [3]ingrid.riegler@kapsch.net
[2]carolin.treichl@kapsch.net
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14.07.2022 This Corporate News was distributed by EQS Group AG.
www.eqs.com
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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
References
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1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=c14a707d0a1e95f94b67ece424afe335&application_id=1397433&site_id=apa_ots_austria&application_name=news
2. carolin.treichl@kapsch.net
3. ingrid.riegler@kapsch.net
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