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18.10.2018 – 08:37

Kapsch TrafficCom AG

EANS-News: Kapsch TrafficCom AG
Kapsch TrafficCom supports the further operation of the nation-wide toll system in Poland during a transition phase.

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  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is responsible for the content of this announcement.
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Government Contracts/Contracts

Vienna -
As a consequence of the Polish Government's efforts to have the nation-wide toll
system operated by a government agency, Kapsch TrafficCom's current contract to
operate the toll system is going to expire on November 2, 2018. Kapsch will
support the further operation of the system throughout a transition phase of 27
months (starting as of November 3, 2018) with the option for the customer of an
early termination six months before the scheduled end date, i.e. after 21
months. For its support, Kapsch TrafficCom will receive a monthly remuneration
of about EUR 2.4 million.



Further inquiry note:
Alf Netek
Chief Marketing Officer & Press Officer
Kapsch Aktiengesellschaft
Am Europlatz 2, 1120 Vienna, Austria
Phone: +43 50811 1700
alf.netek@kapsch.net

Alexandra Vieh
Head of Marketing and PR, Global
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone: +43 50 811 1728
alexandra.vieh@kapsch.net

Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG	
Am Europlatz 2, 1120 Vienna, Austria
Phone: +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

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