EANS-News: Consortium of Kapsch TrafficCom and CTS EVENTIM to be commissioned to collect German passenger vehicle toll CNE

Mittwoch, 19. Dezember 2018 15:10
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(LONG VERSION)

Government Contracts

Vienna/Berlin/Munich -

* Bidding consortium wins federal government's EU-wide call for tenders
* Service to be operated as a joint venture
* Complementary areas of expertise will ensure efficient collection of passenger
  vehicle toll
* Digital, user-centred solution
* Contract period of 12 to 15 years from introduction of the toll
* Total contract value of almost EUR 2 billion over the minimum contract period

Vienna/Berlin/Munich, December 19, 2018 - The German Federal Ministry of
Transport as the contracting authority has informed Kapsch TrafficCom AG and CTS
EVENTIM AG & Co. KGaA that their joint consortium is to be awarded the contract
for collecting the German infrastructure charge ("passenger vehicle toll"). CTS
EVENTIM is an international leader in the ticketing and live entertainment
sector, while Kapsch TrafficCom is a globally recognized provider of intelligent
transportation systems. The operating company will be a joint venture between
Kapsch TrafficCom and CTS EVENTIM, with each party holding 50 percent of shares.

Kapsch TrafficCom and CTS EVENTIM had participated in the federal government's
EU-wide call for tenders as a bidding consortium to combine complementary areas
of expertise for the future joint venture. While Kapsch TrafficCom has extensive
experience in the deployment and operation of toll collection systems, CTS
EVENTIM, as one of Europe'slargest e-commerce players, will contribute its
expertise gained from the sale of over 250 million tickets per year, handling
transactions across multiple countries, languages, and currencies.

"Germany's network of highways is among the large and complex networks in
Europe. This means that toll collection will naturally present challenges on
many different levels," explains André F. Laux, Chief Operating Officer at
Kapsch TrafficCom. "Our technical knowledge and extensive experience in
operations and implementation coupled with CTS EVENTIM's expertise in sales and
payment processing, means we have all the essential components to ensure a
frictionless and convenient process for all concerned."

Projects in over 50 countries worldwide have given Kapsch TrafficCom
comprehensive experience in the design, installation, and operation of
intelligent toll collection systems. The company's core technology has been
tested in a wide range of regulatory environments and types of infrastructure,
and is ideally suited to provide an efficient and frictionless collection of the
passenger vehicle toll. In a separate tender process, Kapsch TrafficCom was
already contracted several weeks ago as the sole operator of the passenger
vehicle toll monitoring system.

By collecting the passenger vehicle toll, CTS EVENTIM will for the first time be
making its expertise fully available for a purpose beyond the ticketing sector.
As Europe's leading provider in this market, CTS EVENTIM has for many years been
formative in its industry's transformation to digital. A key prerequisite for
this is system-stable online solutions focused on the user experience - from
targeted marketing on all relevant channels, state-of-the-art customer service
and CRM solutions, through to secure payment processing. Internationally tried
and tested in transactions with hundreds of millions of ticket purchasers, these
processes will help ensure that the passenger vehicle toll will be charged in
the most intuitive, speedy, and automated manner possible for everyone subject
to the toll.

Klaus-Peter Schulenberg, CEO of CTS EVENTIM, said: "We thank the federal
government for its confidence in our digital, customer-centred approach. At the
same time, we greatly look forward to working with Kapsch TrafficCom to make
this exciting project a success. We want to make the collection of the passenger
vehicle toll as simple as possible for everyone."

The contract can only be formally awarded to CTS EVENTIM and Kapsch TrafficCom
once unsuccessful bidders have been informed of the outcome as scheduled - i.e.
on December 30, 2018, at the earliest. In the event that any of the unsuccessful
bidders initiates an objection to the award of contract by asserting their
rights of protection in accordance with public procurement law, the outcome of
any such proceedings must first be resolved.

The contract between the Federal Republic of Germany and the operating company
commences with the binding award of the contract, and has a base term of twelve
years from the start of the passenger vehicle toll collection. The principal has
the option of extending the contract once for a three-year period or three times
for a one-year period (i.e., up to a total term of 15 years). Revenues from the
passenger vehicle toll are specifically designated for investment in the federal
highway network.

The total contract volume for the operating consortium over the minimum contract
period totals almost EUR 2 billion (including VAT). Both companies are expected
to report their holdings in the joint venture in their respective consolidated
financial statements using the equity method.

Kapsch TrafficCom is a provider of intelligent transportation systems in the
fields of tolling, traffic management, smart urban mobility, traffic safety and
security, and connected vehicles. As a one-stop solutions provider, Kapsch
TrafficCom offers end-to-end solutions covering the entire value creation chain
of its customers, from components and design to the implementation and operation
of systems. The mobility solutions supplied by Kapsch TrafficCom help make road
traffic safer and more reliable, efficient, and comfortable in urban areas and
on highways alike while helping to reduce pollution.
Kapsch TrafficCom is an internationally renowned provider of intelligent
transportation systems thanks to the many projects it has brought to successful
fruition in more than 50 countries around the globe. As part of the Kapsch
Group, Kapsch TrafficCom has subsidiaries and branches in more than 30
countries. It has been listed in the Prime Market of the Vienna Stock Exchange
since 2007 (ticker symbol: KTCG). Kapsch TrafficCom currently has more than
5,200 employees, and generated revenue of approximately EUR 693.3 million in
fiscal year 2017/18.

CTS EVENTIM is one of the leading international providers of ticketing services
and live entertainment. In 2017, more than 250 million tickets were marketed
using the company's systems - through stationary box offices, online or mobile.
Its online portals operate under brands such as eventim.de, oeticket.com,
ticketcorner.ch, ticketone.it and entradas.com. The EVENTIM Group also includes
many concert, tour and festival promoter companies for events like 'Rock am
Ring', 'Rock im Park', 'Hurricane' and 'Southside'. In addition, some of
Europe's most renowned venues are operated by CTS EVENTIM, for example the
LANXESS arena in Cologne, the Waldbühne in Berlin and the EVENTIM Apollo in
London. CTS EVENTIM AG & Co. KGaA (ISIN DE 0005470306) has been listed on the
stock exchange since 2000 and has been a member of the MDAX segment since 2015.
In 2017, its 3,020-strong workforce generated more than one billion Euro in
revenues in 23 countries.

Further inquiry note:
Press contact: 
Alf Netek
Chief Marketing Officer & Press Officer
Kapsch Aktiengesellschaft
Am Europlatz 2
1120 Vienna, Austria
P +43 50 811 1700
alf.netek@kapsch.net

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

Investor contact:	
Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2
1120 Vienna, Austria
P +43 50 811 1122
ir.kapschtraffic@kapsch.net

CTS EVENTIM:	
Press contact:
Christian Steinhof 
Head of Corporate Communications 
P +49 40 380788 7299
christian.steinhof@eventim.de

Investor contact: 
Marco Haeckermann
Vice President Corporate Development & Strategy
P +49 421 3666 270
marco.haeckermann@eventim.de

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

EAX0003    2018-12-19/15:10

Slični linkovi: Kapsch TrafficCom AG
Autor:
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