A Kapsch TrafficCom AG (Kapsch) affiliate is raking in a one-digit million-Euro sum by equipping a federal railway agency in North Africa with a radio system.Kapsch CarrierCom said today (Tues) it has been assigned to deliver and set up the system on a 110-kilometre route in Algeria. The firm refused to reveal any figures, but […]
An Austrian delegation has met with Azerbaijani businessmen and the country’s political elite to discuss opportunities to do with the countries economic relationship.Azerbaijani business newspaper Trend reports that a group of entrepreneurs headed by Federation of Austrian Industries (IV) boss Veit Sorger travelled to the Eurasian countrys capital Baku to debate key topics with their […]
Viennese technology company Kapsch TrafficCom AG (Kapsch) has bagged a major assignment in Poland.The road toll systems specialist said today (Thurs) it will set up a digital radio system on 84 kilometres of railway network in the country. The company, which is headed by Georg Kapsch, added the contract was worth 11 million Euros.Kapsch official […]
Georg Kapsch is rumoured to follow Veit Sorger as president of the Federation of Austrian Industries (IV).Business newspapers report today (Weds) that the head of IT firm Kapsch TrafficCom AG has the best chances of heading the body. Sorgers term only ends in around two years, but the institution is allegedly interested in clarifying the […]
Austrian IT firm Kapsch TrafficCom AG has reported a rise in earnings.The road toll specialist said today (Fri) net earnings soared from 16.4 million Euros to 36.5 million Euros year on year in the 2009/2010 business year.The company which is listed on the Vienna Stock Exchange (WBAG) also said turnover improved by eight […]
Kapsch TrafficCom Sweden, a 100-per-cent subsidiary of Austrian IT firm Kapsch TrafficCom AG, has won a big assignment in Bangkok.Company officials announced today (Tues) that they will equip the Thai capitals Bang NaBangpakong expressway with a road toll system.The order was worth seven million Euros, they said, adding that they will set the system up […]