(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 … Read the full press release
Posted in Austria, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, Transportation & Logistics
Tagged Belarus tolling, deconsolidation, economic entitlement, Kapsch Telematic Services IOOO, Kapsch TrafficCom AG, KTCG, partnership, prime market, revenues 2023/24, sustainability, sustainable mobility, tolling solutions, traffic management, Vienna Stock Exchange
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