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Kapsch TrafficCom wins IRF award for satellite-tolling project

Kapsch TrafficCom wins IRF award for satellite-tolling project
   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

   ══════════════════════════════════════════════════════════════════════════

   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

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