Kapsch TrafficCom AG Relinquishes Control of Belarus Toll Operator, Retains Economic Stake

Kapsch TrafficCom AG Relinquishes Control of Belarus Toll Operator, Retains Economic Stake

(IN BRIEF) Kapsch TrafficCom AG has reduced its stake in Kapsch Telematic Services IOOO (Belarus) to below 50%, deconsolidating the toll-system operator and ceasing revenue recognition from its results. Although control has been relinquished, the transaction’s structure ensures Kapsch TrafficCom remains economically exposed to future profits. Transaction details remain confidential. Kapsch TrafficCom delivers comprehensive tolling and traffic-management solutions across 50+ countries and reported EUR 539 million in 2023/24 revenues.

(PRESS RELEASE) VIENNA, 12-Jun-2025 — /EuropaWire/ — Kapsch TrafficCom AG (ISIN: AT000KAPSCH9) has relinquished its controlling stake and majority voting rights in Belarus-based Kapsch Telematic Services IOOO, the operator of the country’s national tolling network. Following this transaction, Kapsch TrafficCom’s ownership falls below 50%, and Kapsch Telematic Services IOOO has been deconsolidated from the Group—meaning no further revenue will be recognised from its operations.

Despite surrendering formal control, Kapsch TrafficCom retains substantial economic interest in Kapsch Telematic Services IOOO through a purchase price structure and arrangements that secure future earnings. The parties have agreed to keep transaction specifics confidential.

Kapsch TrafficCom, headquartered in Vienna, is a world-leading provider of sustainable mobility solutions, spanning tolling, traffic management, and demand management. With end-to-end systems—from components and design to implementation and operation—the company serves customers in over 50 countries, employs around 4,000 staff, and reported EUR 539 million in revenues in the 2023/24 financial year. Kapsch TrafficCom AG is listed on the Vienna Stock Exchange (Prime Market: KTCG).

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 2023/24 financial year, about 4,000 employees generated revenues of EUR 539 million.

Media Contact:

Sandra Bijelic
Head of Corporate Communications
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
sandra.bijelic@kapsch.net

SOURCE: Kapsch TrafficCom