Cooperation Between Kapsch and Asfinag Extended

CompaniesTechnology ♦ Published: October 4, 2011; 15:00 ♦ (Vindobona)

Austrian Kapsch TrafficCom and Asfinag Mautservice GmbH set out a framework agreement on the operations and maintenance contract for the nationwide electronic truck toll collection system in Austria until the end of 2018.

Cooperation Between Kapsch and Asfinag Extended / Picture: © Vindobona.org

Kapsch TrafficCom AG, listed in the Prime Market of the Vienna Stock Exchange, has reached a basic agreement with Asfinag Mautservice GmbH on the extension of the operations and maintenance contract for the nationwide electronic truck toll collection system in Austria which currently terminates at the end of 2013. An annex to the contract now extends the termination of the contract…