EANS-Adhoc: Kapsch TrafficCom AG
Kapsch TrafficCom receives order for a
nationwide electronic toll collection system in Belarus - Contract value for
implementation of the system at EUR 267 million
29.02.2012 – 16:51
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 29.02.2012 Vienna/Minsk, 29 February 2011 - Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, received the order for the implementation and operation of a nationwide electronic toll collection system in Belarus. The agreement signed by Mr. Erwin Toplak, Chief Operating Officer of Kapsch TrafficCom AG, and Mr. Ivan I. Shcherbo, Minister for Transportation and Communication of the Republic of Belarus, today extends over a total road network of 2,743km and contains both the implementation of a dedicated short-range communication based system as well as the operation over 20 years. The total contract value for the implementation of the system reaches approximately EUR 267 million, out of which EUR 158 million fall upon the first two phases within the next two years. The first phase of the system shall start operation on 1 July 2013. Each phase will be financed and implemented by Kapsch TrafficCom and reimbursed within three years from the start of the operation. "The introduction of such advanced toll collection system shows a serious approach to make a substantial contribution for infrastructure development to support the growth of economy of the Republic of Belarus.", says Erwin Toplak, Chief Operating Officer of Kapsch TrafficCom AG end of ad-hoc-announcement ================================================================================ Kapsch TrafficCom is an international supplier of superior intelligent transportation systems (ITS) and primarily supplies electronic toll collection (ETC) systems. With its end-to-end solution portfolio, Kapsch TrafficCom covers the entire value creation chain of its customers, from products and systems to integration and operations, as a one-stop shop. Kapsch TrafficCom also offers solutions for urban access management as well as for traffic safety and security. Add-on applications to these solutions complement the offering. With references in 41 countries in all 5 continents, Kapsch TrafficCom has positioned itself among the internationally recognized suppliers of intelligent transportation systems. Kapsch TrafficCom AG is headquartered in Vienna, Austria, and represented in 27 countries. Further inquiry note: Marcus Handl Investor Relations Kapsch TrafficCom AG Tel: +43 (0) 50 811 1120 Am Europlatz 2, A-1120 Vienna, Austria E-mail: ir.kapschtraffic@kapsch.net www.kapschtraffic.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Kapsch TrafficCom AG Am Europlatz 2 A-1121 Wien phone: +43 1 50811 1122 FAX: +43 1 50811 99 1122 mail: ir.kapschtraffic@kapsch.net WWW: www.kapschtraffic.com sector: Technology ISIN: AT000KAPSCH9 indexes: Prime Market stockmarkets: official market: Wien language: English