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21st Austria weekly - Strabag, KapschTrafficCom (07/10/2020)

11.10.2020

Strabag: The European-based construction group Strabag, in a consortium with Czech construction company Eurovia CS, has been awarded the contract to build a new section of the D55 motorway in the Zlín Region. The contract is worth the equivalent of around Euro 105.5 mn, with Strabag's share amounting to 50 % of the total. Works on the 8.4 km long Babice-Staré Mesto section will last 42 months.
Strabag: weekly performance: 3.35%

KapschTrafficCom: Kapsch TrafficCom has been holding a stake of 65% in tolltickets (Germany). Effective as of October 1, 2020, Kapsch TrafficCom acquired the remaining 35% stake for a low single-digit million price. Tolltickets is a registered provider of the European Electronic Toll Service (EETS). This service allows the payment of tolls in Europe through a single contractor and with only one on-board unit. Kapsch TrafficCom already markets such devices. Tolltickets is currently working on its certification as an EETS provider with various toll chargers. With its toll services, the company already covers the highway networks in France, Spain and Portugal as well as in Austria, Hungary and Bulgaria. The full acquisition of tolltickets emphasizes the strategic relevance of the toll service business for Kapsch TrafficCom, the company emphasized.
Kapsch TrafficCom: weekly performance: 6.84%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (07/10/2020)


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21st Austria weekly - Strabag, KapschTrafficCom (07/10/2020)


11.10.2020, 1417 Zeichen



Strabag: The European-based construction group Strabag, in a consortium with Czech construction company Eurovia CS, has been awarded the contract to build a new section of the D55 motorway in the Zlín Region. The contract is worth the equivalent of around Euro 105.5 mn, with Strabag's share amounting to 50 % of the total. Works on the 8.4 km long Babice-Staré Mesto section will last 42 months.
Strabag: weekly performance: 3.35%

KapschTrafficCom: Kapsch TrafficCom has been holding a stake of 65% in tolltickets (Germany). Effective as of October 1, 2020, Kapsch TrafficCom acquired the remaining 35% stake for a low single-digit million price. Tolltickets is a registered provider of the European Electronic Toll Service (EETS). This service allows the payment of tolls in Europe through a single contractor and with only one on-board unit. Kapsch TrafficCom already markets such devices. Tolltickets is currently working on its certification as an EETS provider with various toll chargers. With its toll services, the company already covers the highway networks in France, Spain and Portugal as well as in Austria, Hungary and Bulgaria. The full acquisition of tolltickets emphasizes the strategic relevance of the toll service business for Kapsch TrafficCom, the company emphasized.
Kapsch TrafficCom: weekly performance: 6.84%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (07/10/2020)



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