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21st Austria weekly - Kapsch TrafficCom, Strabag (20/02/2024)

25.02.2024

Kapsch TrafficCom: Kapsch TrafficCom announced a tolling contract awarded by APRR (Autoroutes Paris-Rhin-Rhône). Kapsch TrafficCom is bringing a Multi-Lane Free Flow (MLFF) tolling system to the AREA network, encompassing key autoroutes A43, A41, and A49, east of Lyon. This project involves the installation of nearly 30 additional gantries, covering approximately 430 kilometers of highway and marking a crucial advancement in the region's transportation infrastructure. Reflecting on the project, Michael Weber, Head of Sales EMENA at Kapsch TrafficCom, stated: “Together with our recent successes in Switzerland, Serbia and Spain, this project represents a significant step in the further development of tolling in Europe. It proves the quality of our tolling solutions, which are used globally, and also the added value of such systems for road traffic.”
Kapsch TrafficCom: weekly performance: 2.05%

Strabag: Construction group Strabag is currently implementing capital measures to reduce the stake of MKAO “Rasperia Trading Limited”, a company controlled by the sanctioned Russian citizen Oleg Deripaska. The measures are aimed at reducing the shareholding interest of MKAO “Rasperia Trading Limited” in Strabag to below 25%, specifically to around 24.1%, with the aim of minimising relevant disadvantages and risks to Strabag SE associated with this shareholder. The entry of the ordinary non-cash capital increase is currently planned for Thursday, 21 March 2024, following expiry of the six-month waiting period in accordance with the Austrian Stock Corporation Act (AktG). The new shares from this capital increase are then to be issued immediately to the holders of the existing Strabag shares with ISIN AT0000A36HH9 (Strabag – Distribution Share-Based Option).
Strabag: weekly performance: 0.45%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (20/02/2024)


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21st Austria weekly - Kapsch TrafficCom, Strabag (20/02/2024)


25.02.2024, 1894 Zeichen



Kapsch TrafficCom: Kapsch TrafficCom announced a tolling contract awarded by APRR (Autoroutes Paris-Rhin-Rhône). Kapsch TrafficCom is bringing a Multi-Lane Free Flow (MLFF) tolling system to the AREA network, encompassing key autoroutes A43, A41, and A49, east of Lyon. This project involves the installation of nearly 30 additional gantries, covering approximately 430 kilometers of highway and marking a crucial advancement in the region's transportation infrastructure. Reflecting on the project, Michael Weber, Head of Sales EMENA at Kapsch TrafficCom, stated: “Together with our recent successes in Switzerland, Serbia and Spain, this project represents a significant step in the further development of tolling in Europe. It proves the quality of our tolling solutions, which are used globally, and also the added value of such systems for road traffic.”
Kapsch TrafficCom: weekly performance: 2.05%

Strabag: Construction group Strabag is currently implementing capital measures to reduce the stake of MKAO “Rasperia Trading Limited”, a company controlled by the sanctioned Russian citizen Oleg Deripaska. The measures are aimed at reducing the shareholding interest of MKAO “Rasperia Trading Limited” in Strabag to below 25%, specifically to around 24.1%, with the aim of minimising relevant disadvantages and risks to Strabag SE associated with this shareholder. The entry of the ordinary non-cash capital increase is currently planned for Thursday, 21 March 2024, following expiry of the six-month waiting period in accordance with the Austrian Stock Corporation Act (AktG). The new shares from this capital increase are then to be issued immediately to the holders of the existing Strabag shares with ISIN AT0000A36HH9 (Strabag – Distribution Share-Based Option).
Strabag: weekly performance: 0.45%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (20/02/2024)



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