For a period of five years, Kapsch Traffic Solutions, a consortium of various Kapsch TrafficCom Group companies, will be in charge of the technical operation of the passenger vehicle e-vignette system and the electronic truck toll system in Bulgaria. The award follows a public tender which saw Kapsch Traffic Solutions as the best bidder. The technical operation comprises the maintenance of all hardware and software as well as the operation of the data centres. The total project volume amounts to about EUR 60 million.

Kapsch Traffic Solutions built and implemented the current passenger vehicle e- vignette system and the electronic truck toll system in Bulgaria. They were finalized and handed over to the state in 2019 and 2020, respectively.

Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility. Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion.

Kapsch has brought projects to fruition in more than 50 countries around the globe. With one-stop solutions, the company covers the entire value chain of customers, from components to design and implementation to the operation of systems.

As part of the Kapsch Group and headquartered in Vienna, Kapsch TrafficCom has subsidiaries and branches in more than 30 countries. It has been listed in the Prime Market segment of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). In its 2019/20 financial year, around 5,100 employees generated revenues of EUR 731 million.

Source: https://www.marketscreener.com/quote/stock/KAPSCH-TRAFFICCOM-AG-6499702/news/EANS-News-Kapsch-TrafficCom-Group-has-been-awarded-the-technical-operation-of-Bulgaria-s-toll-syst-32219339/