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Kapsch TrafficCom AG

EANS-News: Kapsch TrafficCom AG
Czech Ministry of Transport does not consider the offer of Kapsch TrafficCom for the new country-wide tolling system as the cheapest.

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Kapsch TrafficCom evaluates legal steps.

Government Contracts

Wien - Kapsch TrafficCom has been informed by the Czech Ministry of Transport
that it does not consider the company's offer for design, build and operation of
the new country-wide tolling system as the cheapest. This comes somewhat
surprising as according to the tender documents a competitive dialogue should
have taken place with the bidders following the opening of the preliminary
financial quotes for the project. As this has not happened and for a number of
other reasons Kapsch TrafficCom evaluates legal steps against this decision of
the Ministry of Transport.



Further inquiry note:
Alf Netek
Chief Marketing Officer & Press Officer
Kapsch Aktiengesellschaft
Am Europlatz 2
1120 Vienna
Austria
T +43 50 811 1700
alf.netek@kapsch.net

Investor Contact:
Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2
1120 Vienna
Austria
T +43 50 811 1122
ir.kapschtraffic@kapsch.net

end of announcement                         euro adhoc
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issuer:       Kapsch TrafficCom AG
              Am Europlatz  2
              A-1120 Wien
phone:        +43 1 50811 1122
FAX:          +43 1 50811 99 1122
mail:      ir.kapschtraffic@kapsch.net
WWW:       www.kapschtraffic.com
ISIN:         AT000KAPSCH9
indexes:      
stockmarkets: Wien
language:     English
 

Original content of: Kapsch TrafficCom AG, transmitted by news aktuell

Additional press releases: Kapsch TrafficCom AG

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