EQS-Media / 30.09.2024 / 03:15 CET/CEST
• Award-winning GNSS tolling system covers 16,000 km of roads
• System was awarded for design, implementation and positive impact
Vienna, Austria, September 30, 2024 – Kapsch TrafficCom is proud to
announce that the Bulgarian "Nationwide Tolling & E-Vignette System" was
awarded the prestigious Road Finance Excellence Award by the International
Road Federation (IRF).
This recognition underscores the innovative design, exceptional
implementation, and the positive impact of the GNSS (Global Navigation
Satellite System)-based tolling system on the country’s transportation
infrastructure. The award ceremony took place on September 26, 2024,
during the IRF Europe & Central Asia Congress Gala Dinner in Plovdiv,
Bulgaria.
Georg Kapsch, CEO of Kapsch TrafficCom, explains: “The award highlights
the capabilities of our GNSS technology to cover thousands of kilometers
of road. We are bringing together our extensive global experience with the
local market expertise of our partners. This allows us to deploy our
solution in a way that fits local needs while delivering a flexible,
scalable, future-proof and sustainable system for financing infrastructure
while at the same time reducing CO₂ emissions by optimizing traffic flow.”
The Bulgarian Nationwide Tolling System
Launched in 2019 in partnership with Bulgaria’s Road Infrastructure Agency
(RIA), this project transitioned the country’s tolling system from
time-based vignettes to a distance-based model for heavy goods vehicles
(HGV) using cutting-edge satellite tolling technology. The system covers
over 16,000 kilometers of roads, managing electronic tolls for trucks and
e-vignettes for passenger vehicles. By 2020, GNSS tolling for all HGVs was
introduced, generating a 10% revenue increase from e-vignettes and
additional gains from enhanced enforcement measures.
Kapsch worked closely with the RIA and consulting teams, coordinating
seven specialized working groups for road infrastructure, data centers,
tolling, enforcement, and payment systems. Over 500 authority staff were
trained, and the project’s scope includes 24/7 technical support and
maintenance. The system also integrates various sales channels, including
web platforms, mobile apps, and self-service terminals.
The International Road Federation (IRF) is a global, not-for-profit
organization dedicated to promoting safe, sustainable, and efficient road
networks worldwide. The recognition by the IRF marks another milestone in
the successful deployment of tolling systems by Kapsch TrafficCom around
the globe.
More information: (1)Press | Kapsch TrafficCom
Press Contact:
Sandra Bijelic
Head of Corporate Communications
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
P +43664628 1720
(2)sandra.bijelic@kapsch.net
End of Media Release
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Issuer: Kapsch TrafficCom AG
Key word(s): Traffic
30.09.2024 CET/CEST This Press Release 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: 1997575
End of News EQS Media
1997575 30.09.2024 CET/CEST
References
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2. mailto:sandra.bijelic@kapsch.net
