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Austrian Kapsch TrafficCom pleased with investment opportunities in Belarus.

Transport © photocase.com/fult

© photocase.com/fult

18.09.2008

Austrian company Kapsch TrafficCom thinks highly of investment prospects in Belarus , the company’s director and co-owner Georg Kapsch said as he met with Prime Minister of Belarus Sergei Sidorsky on September 17.

“Our company operates virtually in the entire world. Belarus is greatly interesting for us. We think highly about investment prospects in your country,” said Georg Kapsch.

He also said, the company had made the first step to develop its business in Belarus by opening a representative office a while ago.

During the meeting Kapsch TrafficCom’s proposals concerning its operation in Belarus were discussed.

Kapsch TrafficCom develops telematic applications for traffic control on urban, intercity roads and motorways with a view to improving transportation for road operators and drivers. Kapsch TrafficCom solutions virtually rule out traffic jams. Finely tuned and technically sound solutions for private and public operators create economic and ecological opportunities by providing rational and effective control over traffic.

Founded in Vienna in 1892, the company has been staying at the cutting-edge of the development of telematic traffic control systems since 1992. In 1999 the company acquired the road toll collection systems department from Bosch and later on shares of Swedish Combitech Traffic Systems AB together with affiliates in Australia , Chilli, and Malaysia , securing its frontline technological development position on the international scale.

After restructuring in 2002 Kapsch Group set up Kapsch TrafficCom as an affiliate. In the years to follow the company’s operation grew larger and at present the company has affiliates and representative offices in Australia, Argentina, Hungary, Italy, China, Malaysia, New Zealand, the UK, Slovakia, the USA, France, Croatia, the Czech Republic, Chilli, Sweden, and South Africa.

Source: Belta, www.belta.by

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