Jump to content

Kapsch: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
No edit summary
 
(44 intermediate revisions by 30 users not shown)
Line 1: Line 1:
{{Short description|International corporation in Vienna, Austria}}
{{Cleanup|date=November 2009}}
{{Infobox company
{{Infobox company
| name = Kapsch AG
| name = Kapsch AG
| logo =
| logo = Logo_Kapsch.svg
| caption =
| caption =
| native_name = <!-- Company's name in home country language -->
| native_name = <!-- Company's name in home country language -->
| native_name_lang = de
| native_name_lang = de
| type =
| type =
| traded_as =
| traded_as =
| ISIN =
⚫
| industry = [[Information technology|IT]]
| ISIN =
| fate =
⚫
| industry = [[Information technology|IT]]
| fate =
| predecessor =
| predecessor =
| successor =
⚫
| foundation = 1892
| successor =
| founder = Johann Kapsch
⚫
| foundation = 1892
| founder =
| defunct =
⚫
| location_city = [[Vienna]], [[Austria]]
| defunct =
⚫
| location_city = [[Vienna]], [[Austria]]
| location_country =
| location_country =
| locations = <!-- Number of locations, stores, offices &c. -->
| locations = <!-- Number of locations, stores, offices &c. -->
| area_served =
| area_served =
| key_people = Georg Kapsch (CEO) <br/> Kari Kapsch (COO) <br/> Franz Semmernegg (CFO)
| key_people = Georg Kapsch (CEO) <br /> Kari Kapsch (COO) <br /> Franz Semmernegg (CFO)
| products = Tolling Systems, IT-Data Networks, IT-System-Integrations
| products = Tolling Systems, IT-Data Networks, IT-System-Integrations
| services =
| services =
| revenue = 908.8 Million. EUR (FY 2014/15) <ref name="Kapsch Group annual report 2014/15"/>
| revenue = 553.4 EUR (FY 2022/23)
| operating_income =
| operating_income =
| net_income =
| net_income =
| assets =
| assets =
| equity =
| equity =
| num_employees = 5,734 (FY 2014/15) <ref name="Kapsch Group annual report 2014/15">''Kapsch Group annual report 2014/15'' http://www.kapsch.net/KapschGroup/downloads/reports/Kapsch_Annual-report_2014-15</ref>
| num_employees = 6,673 (FY 2019/20) <ref name="Kapsch Group annual report 2014/15">{{cite web|title=''Kapsch Group annual report 2014/15''|url=http://www.kapsch.net/KapschGroup/downloads/reports/Kapsch_Annual-report_2014-15|accessdate=2024-07-29}}</ref>
| homepage = [http://www.kapsch.net www.kapsch.net]
| homepage = [http://www.kapsch.net www.kapsch.net]
}}
}}


The '''Kapsch''' Group, headquartered in [[Vienna]], [[Austria]], is an international Road Telematics, Information Technology and Telecommunications Company. The corporate group, with more than 5,000 employees worldwide generated total revenue of € 908.8 million as of March 2015.<ref name="Kapsch Group annual report 2014/15"/>
The '''Kapsch''' Group, headquartered in [[Vienna]], [[Austria]], is an international corporation specializing in [[telematics]], [[information technology]] and [[telecommunication]].


==History and operations==
==Company history==
⚫
In September 1892, Johann Kapsch (1845–1921) founded a precision engineering workshop in Vienna, with the state-owned and operated ''Post- und Telegraphenverwaltung'' (Mailing- and Telegraph-Administration) among its first clients. In 1916, the company changed its name to ''Telefon- und Telegrafen-Fabriks-Aktiengesellschaft Kapsch & Söhne in Wien'' ("Telephone and Telegraph Manufacturing Stock Company Kapsch & Sons in Vienna"). During World War I, the company produced night sights for the Austrian Model 1895 rifle and carbine.<ref>* {{cite book| last=Offelli| first=Siro| year=2002|title=Le Armi E Gli Equipaggiamenti Dell'esercito Austro-Ungarico dal 1914 al 1918 volume secundo|editor-first=Gino|editor-last=Rossato|page=86|language=it}}</ref> With the growing number of inventions, Kapsch expanded its product range by adding the manufacturing of capacitors, tin tubes and dry batteries. In 1923, Kapsch started to manufacture radios, with the first TV sets following in 1955. After the Second World War, Kapsch was heavily involved in rebuilding the [[Österreichische Post|Austrian telephone network]].<ref>''Master Thesis: Familiengeschichte der Firma Kapsch, Schöpf, S., 2008, Wien'' http://othes.univie.ac.at/675/1/05-27-2008_9207513.pdf</ref><ref>''Company History of the Kapsch Group'' http://www.kapsch.net/en/aboutus/factsandfigures/Pages/companyhistory.aspx{{Dead link|date=February 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
{{prose|section|date=October 2016}}
⚫
In September 1892, Johann Kapsch (1845–1921) founded a precision engineering workshop in Vienna, with the state-owned and operated ''Post- und Telegraphenverwaltung'' (Mailing- and Telegraph-Administration) among its first clients. In 1916, the company changed its name to ''Telefon- und Telegrafen-Fabriks-Aktiengesellschaft Kapsch & Söhne in Wien'' ("Telephone and Telegraph Manufacturing Stock Company Kapsch & Sons in Vienna"). During World War I, the company produced night sights for the Austrian Model 1895 rifle and carbine.<ref>* {{cite book| last=Offelli| first=Siro| year=2002|title=Le Armi E Gli Equipaggiamenti Dell'esercito Austro-Ungarico dal 1914 al 1918 volume secundo|editor=Gino Rossato|page=86|language=it}}</ref> With the growing number of inventions, Kapsch expanded its product range by adding the manufacturing of capacitors, tin tubes and dry batteries. In 1923, Kapsch started to manufacture radios, with the first TV sets following in 1955.
After the Second World War, Kapsch was heavily involved in rebuilding the [[Österreichische Post|Austrian telephone network]].<ref>''Master Thesis: Familiengeschichte der Firma Kapsch, Schöpf,S., 2008, Wien'' http://othes.univie.ac.at/675/1/05-27-2008_9207513.pdf</ref><ref>''Company History of the Kapsch Group'' http://www.kapsch.net/en/aboutus/factsandfigures/Pages/companyhistory.aspx</ref>


In 1978, the company focused on digital communications systems. This was followed by the entry into the mobile phones market in 1985. That same year, Kapsch was involved in the introduction of the digital telephone infrastructure in Austria and Hungary.
[[File:Mýtná brána Kapsch, Lýsky, Přerov.jpg|thumb|Toll gate Kapsch in the Czech Republic]]
* From 1978: Focus on digital communications systems—own printed circuit board production.
* 1984: Entry into mobile telephones—Kapsch produces C-network mobile telephones.
* 1985: Kapsch is involved in the introduction of the digital telephone infrastructure in Austria and Hungary. First time deployment of Kapsch's Train Telephone at the [[Austrian Federal Railways|Austrian Federal Railway (ÖBB)]].
⚫
* 1989 - 1999: Founding of the company's international subsidiaries and representations in Hungary, Czech Republic, Poland, Slovakia, Ukraine, Russia, Slovenia and Croatia.
* 1989: Involvement in the development and introduction of ISDN and GSM technologies.
* 1994: Europe's trains are equipped with Train Radio Systems from Kapsch.
* 1995: Implementation of Austria's EcoPoint System.
⚫
* 2000: Acquisition of traffic control technology from [[Robert Bosch GmbH|Bosch]] and [[Saab Group|Saab]]. Subsidiaries and interests are founded in Asia, Australia, South America and South Africa.
* 2001: Acquisition of Schrack BusinessCom.
* 2002: The Kapsch Group is organized into three business areas:
**''Kapsch BusinessCom AG'', is a partner for the implementation of communications [[solution]]s for small, medium and large businesses.
** ''[[Kapsch CarrierCom AG]]'', is a global system integrator and supplier of end-to-end telecommunications solutions for public and railway operators, urban transport organizations and companies seeking real-time asset management solutions.
** ''Kapsch TrafficCom AG'', is a service supplier of traffic telematics systems and components for road and rail traffic.
* 2003: ''Kapsch TrafficCom AG'', implements the electronic toll collection system based on microwave technology in Austria.
* 2004: Start of commercial operation of Austria's nationwide truck tolling system. New representative offices in China and a branch office in Croatia are founded.
⚫
* 2005: Foundation of the ''Kapsch Telematic Services GmbH'' with branch offices in Czech Republic and Hungary.
* 2006: ''Kapsch TrafficCom AG'' implements a toll system in Czech Republic.
⚫
* 2009: ''Kapsch TrafficCom AG'' has been awarded the implementation of the Gauteng tolling project in South Africa.<ref>''Kapsch TrafficCom Sweden secures one of the world’s largest toll projects with Gauteng Open Road Tolling in South Africa''
http://www.kapsch.net/en/press/articles/Pages/ktc_090919_pr.aspx</ref>
* 2013: ''Kapsch TrafficCom AG'' implements a toll system in Republic of Belarus.
⚫
* 2014: ''Kapsch TrafficCom'' acquires Advanced Traffic Management Software (ATMS) provider ''Transdyn''. Kapsch now positioned to provide extended end-to-end traffic management solutions.
* 2014: ''Kapsch CarrierCom'' acquires ''Prodata Mobility Systems NV''
* 2015: ''Kapsch CarrierCom'' acquires a controlling stake in ''Streetline, Inc.'', a provider of smart parking solutions based in California
⚫
* 2015: ''Kapsch CarrierCom'' acquires the transport business ''Schneider Electric Industries'', advised by [[Conquest Advisory]]<ref>''Conquest Advisory LLP Successfully Advises Kapsch TrafficCom AG on its Agreement to Acquire the Global Transport Business of Schneider Electric''http://www.prnewswire.com/news-releases/conquest-advisory-llp-successfully-advises-kapsch-trafficcom-ag-on-its-agreement-to-acquire-the-global-transport-business-of-schneider-electric-562610661.html</ref>
⚫
* 2017: ''Kapsch CarrierCom'' acquires a controlling stake in ''Fluidtime Data Services GmbH'' an integrated mobility solutions provider <ref>''Fluidtime and Kapsch TrafficCom join forces''https://www.fluidtime.com/en/article/fluidtime-and-kapsch-trafficcom-join-forces</ref><ref>''Kapsch TrafficCom acquires 75 percent of Fluidtime''https://www.kapsch.net/KapschGroup/press/ktc/ktc_170112_pr</ref>


⚫
Between 1989 and 1999, the company founded international subsidiaries and representations in Hungary, Czech Republic, Poland, Slovakia, Ukraine, Russia, Slovenia, and Croatia.


In 1994, Europe's trains were equipped with train radio systems by Kapsch. In 1995, Austria's EcoPoint System was implemented.
⚫
==Kapsch BusinessCom AG (KBC)==


⚫
In 2000, the company acquired traffic control technology from [[Robert Bosch GmbH|Bosch]] and [[Saab Group|Saab]] and founded subsidiaries and interests in Asia, Australia, South America and South Africa, followed by the acquisition of Schrack BusinessCom a year later.
⚫
In 2001, Kapsch AG bought the majority of former Schrack BusinessCom AG, which was subsequently merged with the Kapsch Enterprise division. As a result of this merger '''Kapsch BusinessCom AG''' was founded and expanded its activities and outreach throughout Central Europe.<ref>http://www.pr-inside.com/de/kapsch-businesscom-kauft-eines-der-sichersten-r660932.htm</ref> Today, the company has subsidiaries in the Czech Republic, Slovakia, Hungary, Romania, Turkey and Poland.


In 2002, the Kapsch Group was into three business areas, namely ''Kapsch BusinessCom AG, [[Kapsch CarrierCom AG|Kapsch CarrierCom A]]G'' and ''Kapsch TrafficCom AG''. The latter implements the electronic toll collection system based on microwave technology in Austria in 2003. A year later, the commercial operation of Austria's nationwide truck tolling system was going operational and new representative offices in China and a branch office in Croatia are founded.
⚫
The company is a regional reseller and integration partner to technology companies in the IT, network and telecommunications sector: [[Cisco]] Gold Certified Partner, [[Microsoft]] Gold Partner, [[Aastra]] Training Provider.


⚫
In 2005, the ''Kapsch Telematic Services GmbH'' was founded with branch offices in Czech Republic and Hungary.
⚫
''Kapsch BusinessCom AG'' produces the Card Reader and GINA Box for the Austrian e-Card system, which is placed in doctors’ offices.


⚫
In 2006, ''Kapsch TrafficCom AG'' implemented a toll system in Czech Republic. Three years later, the firm was awarded the implementation of the Gauteng tolling project in South Africa<ref>''Kapsch TrafficCom Sweden secures one of the world’s largest toll projects with Gauteng Open Road Tolling in South Africa''
⚫
==Kapsch CarrierCom AG (KCC)==
http://www.kapsch.net/en/press/articles/Pages/ktc_090919_pr.aspx{{Dead link|date=February 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> and implemented a toll system in Republic of Belarus in 2013.
{{buzzword}}
'''[[Kapsch CarrierCom AG]]''' is a global system integrator and supplier of end-to-end telecommunications solutions for public and railway operators, urban transport organizations and companies seeking real-time asset management solutions.


⚫
In 2014, ''Kapsch TrafficCom'' acquired Advanced Traffic Management Software (ATMS) provider ''Transdyn''. That same year, ''Kapsch CarrierCom'' acquired ''Prodata Mobility Systems NV.''
==Kapsch TrafficCom AG (KTC)==


In fiscal year 2014/15, the Kapsch corporate group generated a total revenue of €908.8 million, with more than 5,700 employees worldwide.<ref name="Kapsch Group annual report 2014/15"/>
⚫
'''Kapsch TrafficCom AG''' is an international supplier of "intelligent road traffic telematic solutions".{{what|date=February 2012}} The company develops and sells products, systems and services primarily for [[Electronic toll collection|electronic toll collection (ETC) systems]] and specializes in [[solution]]s for open road tolling (ORT), multi-lane free-flow (MLFF) and high occupancy tolling (HOT).

⚫
In 2015, ''Kapsch CarrierCom'' acquired a controlling stake in ''Streetline, Inc.'', a provider of smart parking solutions based in California. Also in 2015, the company bought the transport business ''Schneider Electric Industries'', advised by [[Conquest Advisory]].<ref>''Conquest Advisory LLP Successfully Advises Kapsch TrafficCom AG on its Agreement to Acquire the Global Transport Business of Schneider Electric''http://www.prnewswire.com/news-releases/conquest-advisory-llp-successfully-advises-kapsch-trafficcom-ag-on-its-agreement-to-acquire-the-global-transport-business-of-schneider-electric-562610661.html</ref>

⚫
In 2017, ''Kapsch TrafficCom'' acquired a controlling stake in Fluidtime Data Services GmbH, an Austrian IT company for Integrated Mobility and Mobility-as-a-Service.<ref>''Kapsch TrafficCom acquires 75 percent of Fluidtime' 'https://www.kapsch.net/KapschGroup/press/ktc/ktc_170112_pr</ref>

In the fiscal year 2019/20, the company generated a turnover of €1,137.9 million.<ref>{{Cite web|last=|first=|date=|title=Three-Year Review of Key Financial Data.|url=https://kapsch.net/kapsch/about-us/company|archive-url=|archive-date=|access-date=2020-10-29|website=kapsch.net|language=en}}</ref>

===Allegations of irregular payments to South African and Zambian politicians===
In 2019, Kapsch, and its South African operation, Electronic Toll Collection Pty, were accused of paying kickbacks to a South African company, "ProAsh".<ref name=ProAsh>{{Cite episode |title=For Whom the e-tolls |series=Carte Blanche |series-link=Carte Blanche (TV series)}}</ref> The payments were revealed by the former CEO of the Electronic Toll Collection, who subsequently testified to [[The Judicial Commission of Inquiry into Allegations of State Capture]]. An investigation was promised by the Minister of Transport, [[Fikile Mbalula]], but had not led to action as of February 2021. Kapsch was also accused of using the Electronic Toll Collection Pty to launder bribes for Zambian politicians.<ref name=ProAsh />

== Group organisation ==
⚫
===Kapsch BusinessCom AG (KBC)===
⚫
In 2001, Kapsch AG bought the majority of former Schrack BusinessCom AG, which was subsequently merged with the Kapsch Enterprise division. As a result of this merger '''Kapsch BusinessCom AG''' was founded and expanded its activities and outreach throughout Central Europe.<ref>{{Cite web |url=http://www.pr-inside.com/de/kapsch-businesscom-kauft-eines-der-sichersten-r660932.htm |title=Kapsch BusinessCom kauft eines der sichersten Rechenzentren Europas |access-date=2009-03-31 |archive-date=2012-02-29 |archive-url=https://web.archive.org/web/20120229092851/http://www.pr-inside.com/de/kapsch-businesscom-kauft-eines-der-sichersten-r660932.htm |url-status=dead }}</ref> Today, the company has subsidiaries in the Czech Republic, Slovakia, Hungary, Romania, Turkey and Poland.

⚫
The company is a regional reseller and integration partner to technology companies in the IT, network and telecommunications sector: [[Cisco]] Gold Certified Partner, [[Microsoft]] Gold Partner, [[Aastra]] Training Provider.

⚫
''Kapsch BusinessCom AG'' produces the Card Reader and GINA Box for the Austrian e-Card system, which is placed in doctors’ offices.

⚫
===Kapsch TrafficCom AG (KTC)===
⚫
'''Kapsch TrafficCom AG''' is an international supplier of "intelligent road traffic telematic solutions".{{clarify|date=February 2012}} The company develops and sells products, systems and services primarily for [[Electronic toll collection|electronic toll collection (ETC) systems]] and specializes in solutions for open road tolling (ORT), multi-lane free-flow (MLFF) and high occupancy tolling (HOT).


In addition, the company supplies traffic management systems, with a focus on road safety and traffic control, and electronic access systems and parking management.
In addition, the company supplies traffic management systems, with a focus on road safety and traffic control, and electronic access systems and parking management.


The company, with headquarters in Vienna, has subsidiaries and interests in 23 countries.<ref>''Press-Release: Results of General Meeting'' http://www.kapsch.net/en/ktc/press/articles/Pages/ktc_090624_pr.aspx</ref> The company has performed 210 installations in 35 countries (as of March/2009) in Europe, Australia, North America, Latin America, Middle East, Asia Pacific and in South Africa, and about 13 million on-board units (OBUs) and over 11,300 equipped lanes.
The company, with headquarters in Vienna, has subsidiaries and interests in 23 countries.<ref>''Press-Release: Results of General Meeting'' http://www.kapsch.net/en/ktc/press/articles/Pages/ktc_090624_pr.aspx</ref> The company had performed 210 installations in 35 countries (as of March/2009) in Europe, Australia, North America, Latin America, Middle East, Asia Pacific and in South Africa, and about 13 million on-board units (OBUs) and over 11,300 equipped lanes.


''Kapsch TrafficCom AG'' built the Austrian Truck Tolling System, which went on stream in 2004.
''Kapsch TrafficCom AG'' built the Austrian Truck Tolling System, which went on stream in 2004.


Since 2004 the company established subsidiaries in Moscow, Russia and Slovenia and has entered into a joint venture agreement with Busi Impianti S.p.A., Italy, creating Kapsch-Busi S.p.A.
Since 2004, the company has established subsidiaries in Moscow, Russia and Slovenia and has entered into a joint venture agreement with Busi Impianti S.p.A., Italy, creating Kapsch-Busi S.p.A.

In 2014, Kapsch acquired Atlanta-based Transdyn Inc from Powell Industries, establishing Kapsch TrafficCom NA in the [[United States]].<ref>''Press-Release: Kapsch Acquires Transdyn Strengthening Portfolio in Intelligent Transportation Systems (ITS) [16-Jan-2014]'' https://www.kapsch.net/us/ktc/Press/ktc_140116_pr</ref>


Since June 26, 2007, 30.3% of ''Kapsch TrafficCom AG'' has been listed in the Prime Market on the [[Wiener Börse|Vienna Stock Exchange]]. Kapsch Group Beteiligungs GmbH retains possession of 69.7%. Overall 2.2 million new and 1.16 million old shares were brought to the market. The IPO was 14 times over-subscribed.<ref>''Prime Market of the Vienna Stock Exchange'' http://en.wienerborse.at/marketplace_products/segmentation/equitymarket/teilnehmer.html</ref>
Since June 26, 2007, 30.3% of ''Kapsch TrafficCom AG'' has been listed in the Prime Market on the [[Wiener Börse|Vienna Stock Exchange]]. Kapsch Group Beteiligungs GmbH retains possession of 69.7%. Overall 2.2 million new and 1.16 million old shares were brought to the market. The IPO was 14 times over-subscribed.<ref>''Prime Market of the Vienna Stock Exchange'' http://en.wienerborse.at/marketplace_products/segmentation/equitymarket/teilnehmer.html</ref>
In the fiscal year 2013/14, ''Kapsch TrafficCom AG'' generated a turnover of € 465.4 million and an EBIT of € 32.7 million.<ref name="Kapsch Group annual report 2014/15"/>
In the fiscal year 2019/20, ''Kapsch TrafficCom AG'' generated a turnover of €731.2 million.<ref>{{Cite web|last=|first=|date=|title=Kapsch TrafficCom – Results for financial year 2019/20|url=https://kapsch.net/ktc/press/ktc_200616_pr|archive-url=|archive-date=|access-date=2020-10-29|website=kapsch.net|language=en}}</ref>


==References==
==References==
{{reflist}}
{{Reflist}}


==External links==
==External links==
* [http://www.kapsch.net/ Homepage of the Kapsch AG]
* [http://www.kapsch.net/ Homepage of the Kapsch AG]
* [http://www.fotcp.com/fot/future-transportation-mobility-kapsch/ Future of transportation and mobility by Kapsch at Intertraffic Amsterdam]
* [http://www.fluidtime.com/ Homepage of Fluidtime, a Kapsch Group company]

{{Authority control}}


[[Category:Companies based in Vienna]]
[[Category:Technology companies of Austria]]
[[Category:Technology companies of Austria]]
[[Category:Technology companies established in 1892]]
[[Category:Technology companies established in 1892]]
[[Category:1892 establishments in Austria]]
[[Category:1892 establishments in Austria-Hungary]]
[[Category:Austrian brands]]

Latest revision as of 13:42, 29 July 2024

Kapsch AG
IndustryIT
Founded1892
FounderJohann Kapsch
Headquarters
Vienna, Austria
Key people
Georg Kapsch (CEO)
Kari Kapsch (COO)
Franz Semmernegg (CFO)
ProductsTolling Systems, IT-Data Networks, IT-System-Integrations
Revenue553.4 EUR (FY 2022/23)
Number of employees
6,673 (FY 2019/20) [1]
Websitewww.kapsch.net

The Kapsch Group, headquartered in Vienna, Austria, is an international corporation specializing in telematics, information technology and telecommunication.

History and operations

[edit]

In September 1892, Johann Kapsch (1845–1921) founded a precision engineering workshop in Vienna, with the state-owned and operated Post- und Telegraphenverwaltung (Mailing- and Telegraph-Administration) among its first clients. In 1916, the company changed its name to Telefon- und Telegrafen-Fabriks-Aktiengesellschaft Kapsch & Söhne in Wien ("Telephone and Telegraph Manufacturing Stock Company Kapsch & Sons in Vienna"). During World War I, the company produced night sights for the Austrian Model 1895 rifle and carbine.[2] With the growing number of inventions, Kapsch expanded its product range by adding the manufacturing of capacitors, tin tubes and dry batteries. In 1923, Kapsch started to manufacture radios, with the first TV sets following in 1955. After the Second World War, Kapsch was heavily involved in rebuilding the Austrian telephone network.[3][4]

In 1978, the company focused on digital communications systems. This was followed by the entry into the mobile phones market in 1985. That same year, Kapsch was involved in the introduction of the digital telephone infrastructure in Austria and Hungary.

Between 1989 and 1999, the company founded international subsidiaries and representations in Hungary, Czech Republic, Poland, Slovakia, Ukraine, Russia, Slovenia, and Croatia.

In 1994, Europe's trains were equipped with train radio systems by Kapsch. In 1995, Austria's EcoPoint System was implemented.

In 2000, the company acquired traffic control technology from Bosch and Saab and founded subsidiaries and interests in Asia, Australia, South America and South Africa, followed by the acquisition of Schrack BusinessCom a year later.

In 2002, the Kapsch Group was into three business areas, namely Kapsch BusinessCom AG, Kapsch CarrierCom AG and Kapsch TrafficCom AG. The latter implements the electronic toll collection system based on microwave technology in Austria in 2003. A year later, the commercial operation of Austria's nationwide truck tolling system was going operational and new representative offices in China and a branch office in Croatia are founded.

In 2005, the Kapsch Telematic Services GmbH was founded with branch offices in Czech Republic and Hungary.

In 2006, Kapsch TrafficCom AG implemented a toll system in Czech Republic. Three years later, the firm was awarded the implementation of the Gauteng tolling project in South Africa[5] and implemented a toll system in Republic of Belarus in 2013.

In 2014, Kapsch TrafficCom acquired Advanced Traffic Management Software (ATMS) provider Transdyn. That same year, Kapsch CarrierCom acquired Prodata Mobility Systems NV.

In fiscal year 2014/15, the Kapsch corporate group generated a total revenue of €908.8 million, with more than 5,700 employees worldwide.[1]

In 2015, Kapsch CarrierCom acquired a controlling stake in Streetline, Inc., a provider of smart parking solutions based in California. Also in 2015, the company bought the transport business Schneider Electric Industries, advised by Conquest Advisory.[6]

In 2017, Kapsch TrafficCom acquired a controlling stake in Fluidtime Data Services GmbH, an Austrian IT company for Integrated Mobility and Mobility-as-a-Service.[7]

In the fiscal year 2019/20, the company generated a turnover of €1,137.9 million.[8]

Allegations of irregular payments to South African and Zambian politicians

[edit]

In 2019, Kapsch, and its South African operation, Electronic Toll Collection Pty, were accused of paying kickbacks to a South African company, "ProAsh".[9] The payments were revealed by the former CEO of the Electronic Toll Collection, who subsequently testified to The Judicial Commission of Inquiry into Allegations of State Capture. An investigation was promised by the Minister of Transport, Fikile Mbalula, but had not led to action as of February 2021. Kapsch was also accused of using the Electronic Toll Collection Pty to launder bribes for Zambian politicians.[9]

Group organisation

[edit]

Kapsch BusinessCom AG (KBC)

[edit]

In 2001, Kapsch AG bought the majority of former Schrack BusinessCom AG, which was subsequently merged with the Kapsch Enterprise division. As a result of this merger Kapsch BusinessCom AG was founded and expanded its activities and outreach throughout Central Europe.[10] Today, the company has subsidiaries in the Czech Republic, Slovakia, Hungary, Romania, Turkey and Poland.

The company is a regional reseller and integration partner to technology companies in the IT, network and telecommunications sector: Cisco Gold Certified Partner, Microsoft Gold Partner, Aastra Training Provider.

Kapsch BusinessCom AG produces the Card Reader and GINA Box for the Austrian e-Card system, which is placed in doctors’ offices.

Kapsch TrafficCom AG (KTC)

[edit]

Kapsch TrafficCom AG is an international supplier of "intelligent road traffic telematic solutions".[clarification needed] The company develops and sells products, systems and services primarily for electronic toll collection (ETC) systems and specializes in solutions for open road tolling (ORT), multi-lane free-flow (MLFF) and high occupancy tolling (HOT).

In addition, the company supplies traffic management systems, with a focus on road safety and traffic control, and electronic access systems and parking management.

The company, with headquarters in Vienna, has subsidiaries and interests in 23 countries.[11] The company had performed 210 installations in 35 countries (as of March/2009) in Europe, Australia, North America, Latin America, Middle East, Asia Pacific and in South Africa, and about 13 million on-board units (OBUs) and over 11,300 equipped lanes.

Kapsch TrafficCom AG built the Austrian Truck Tolling System, which went on stream in 2004.

Since 2004, the company has established subsidiaries in Moscow, Russia and Slovenia and has entered into a joint venture agreement with Busi Impianti S.p.A., Italy, creating Kapsch-Busi S.p.A.

In 2014, Kapsch acquired Atlanta-based Transdyn Inc from Powell Industries, establishing Kapsch TrafficCom NA in the United States.[12]

Since June 26, 2007, 30.3% of Kapsch TrafficCom AG has been listed in the Prime Market on the Vienna Stock Exchange. Kapsch Group Beteiligungs GmbH retains possession of 69.7%. Overall 2.2 million new and 1.16 million old shares were brought to the market. The IPO was 14 times over-subscribed.[13] In the fiscal year 2019/20, Kapsch TrafficCom AG generated a turnover of €731.2 million.[14]

References

[edit]
  1. ^ a b "Kapsch Group annual report 2014/15". Retrieved 2024-07-29.
  2. ^ * Offelli, Siro (2002). Rossato, Gino (ed.). Le Armi E Gli Equipaggiamenti Dell'esercito Austro-Ungarico dal 1914 al 1918 volume secundo (in Italian). p. 86.
  3. ^ Master Thesis: Familiengeschichte der Firma Kapsch, Schöpf, S., 2008, Wien http://othes.univie.ac.at/675/1/05-27-2008_9207513.pdf
  4. ^ Company History of the Kapsch Group http://www.kapsch.net/en/aboutus/factsandfigures/Pages/companyhistory.aspx[permanent dead link‍]
  5. ^ Kapsch TrafficCom Sweden secures one of the world’s largest toll projects with Gauteng Open Road Tolling in South Africa http://www.kapsch.net/en/press/articles/Pages/ktc_090919_pr.aspx[permanent dead link‍]
  6. ^ Conquest Advisory LLP Successfully Advises Kapsch TrafficCom AG on its Agreement to Acquire the Global Transport Business of Schneider Electrichttp://www.prnewswire.com/news-releases/conquest-advisory-llp-successfully-advises-kapsch-trafficcom-ag-on-its-agreement-to-acquire-the-global-transport-business-of-schneider-electric-562610661.html
  7. ^ Kapsch TrafficCom acquires 75 percent of Fluidtime' 'https://www.kapsch.net/KapschGroup/press/ktc/ktc_170112_pr
  8. ^ "Three-Year Review of Key Financial Data". kapsch.net. Retrieved 2020-10-29.
  9. ^ a b "For Whom the e-tolls". Carte Blanche.
  10. ^ "Kapsch BusinessCom kauft eines der sichersten Rechenzentren Europas". Archived from the original on 2012-02-29. Retrieved 2009-03-31.
  11. ^ Press-Release: Results of General Meeting http://www.kapsch.net/en/ktc/press/articles/Pages/ktc_090624_pr.aspx
  12. ^ Press-Release: Kapsch Acquires Transdyn Strengthening Portfolio in Intelligent Transportation Systems (ITS) [16-Jan-2014] https://www.kapsch.net/us/ktc/Press/ktc_140116_pr
  13. ^ Prime Market of the Vienna Stock Exchange http://en.wienerborse.at/marketplace_products/segmentation/equitymarket/teilnehmer.html
  14. ^ "Kapsch TrafficCom – Results for financial year 2019/20". kapsch.net. Retrieved 2020-10-29.
[edit]
Retrieved from "https://en.wikipedia.org/enwiki/w/index.php?title=Kapsch&oldid=1237376922"