(IN BRIEF) Kapsch TrafficCom has achieved a milestone with the successful opening of the initial phase of the Moravski corridor and Ruma-Šabac highway tolling project in Serbia. The completed first stage, linking Ruma and Šabac near Belgrade, was executed in a remarkable timeframe of less than six months, amounting to a project volume of EUR 4.3 million. The tolling plazas, constructed by local partner Orion, feature Kapsch SmartTOLL technology, ensuring efficient and seamless toll transactions. Phases two and three, covering the new Moravski corridor highway, are poised to go live in the coming months, expanding the tolling system to over 100 lanes and 12 plazas. Kapsch TrafficCom’s ongoing commitment to sustainable mobility and efficient tolling solutions in Serbia is reinforced by recent contract awards and hardware deals in the region.
(PRESS RELEASE) VIENNA, 4-Jan-2024 — /EuropaWire/ — Kapsch TrafficCom announces the successful opening of the first stage of the Moravski corridor and Ruma-Šabac highway tolling project in Serbia.
The first stage of the project, between Ruma and Šabac in the greater Belgrade area, was completed in less than 6 months – a record time for tolling projects of this kind. The project has a volume of EUR 4.3 million.
Phases two and three, for the new highway in the Moravski corridor, are on track to come go live within the coming months. Once completed, Kapsch TrafficCom technology will be used for over 100 lanes and 12 plazas.
Carolin Treichl, EVP EMENA at Kapsch TrafficCom, comments: “It is a testament to both the cooperation with our local partner Orion as well as to our own team that managed to complete the first phase of the toll system in record time. With SmartTOLL, the new highways will benefit from an efficient and robust tolling solution.”
The tolling plazas, which were erected by local partner Orion, are equipped with the tried and trusted Kapsch SmartTOLL technology for easy and comfortable tolling transactions.
Tolling technology sales
In addition to the SmartTOLL system, in January of 2023 Kapsch TrafficCom was awarded the contract for nationwide tolling operations in Serbia for EUR 1 million. Also, it has concluded hardware deals in Serbia, North Macedonia and Republika Srpska for a total of EUR 1.85 million. The deals will bring the TÜV-certified and EU taxonomy-aligned On-Board Unit TRP-4010, the most sustainable On-Board Unit in its class, to local operators and partners.
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 2022/23 financial year, about 4,000 employees generated revenues of EUR 553 million.
Media Contacts:
Carolin Treichl
Executive Vice President Marketing & Communications
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
carolin.treichl@kapsch.net
Sandra Bijelic
Head of Corporate Communications
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
sandra.bijelic@kapsch.net
SOURCE: Kapsch TrafficCom AG
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