EANS-News: Kapsch TrafficCom AG
Kapsch TrafficCom supports the further
operation of the nation-wide toll system in Poland during a transition phase.
18.10.2018 – 08:37
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Government Contracts/Contracts Vienna - As a consequence of the Polish Government's efforts to have the nation-wide toll system operated by a government agency, Kapsch TrafficCom's current contract to operate the toll system is going to expire on November 2, 2018. Kapsch will support the further operation of the system throughout a transition phase of 27 months (starting as of November 3, 2018) with the option for the customer of an early termination six months before the scheduled end date, i.e. after 21 months. For its support, Kapsch TrafficCom will receive a monthly remuneration of about EUR 2.4 million. Further inquiry note: Alf Netek Chief Marketing Officer & Press Officer Kapsch Aktiengesellschaft Am Europlatz 2, 1120 Vienna, Austria Phone: +43 50811 1700 alf.netek@kapsch.net Alexandra Vieh Head of Marketing and PR, Global Kapsch TrafficCom AG Am Europlatz 2, 1120 Vienna, Austria Phone: +43 50 811 1728 alexandra.vieh@kapsch.net Hans Lang Investor Relations Officer Kapsch TrafficCom AG Am Europlatz 2, 1120 Vienna, Austria Phone: +43 50 811 1122 ir.kapschtraffic@kapsch.net end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Kapsch TrafficCom AG Am Europlatz 2 A-1120 Wien phone: +43 1 50811 1122 FAX: +43 1 50811 99 1122 mail: ir.kapschtraffic@kapsch.net WWW: www.kapschtraffic.com ISIN: AT000KAPSCH9 indexes: stockmarkets: Wien language: English