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EFKON Awarded Major Orders in Germany & Malaysia - Austrian EFKON Group headquartered in Graz/Raaba, one of the leading companies in intelligent transportation and tolling solutions, reports two new large orders in Germany and Malaysia with a value in the double-digit million euro range - EFKON.com
EFKON Awarded Major Orders in Germany & Malaysia

 

PRZOOM - /newswire/ - Graz, Austria, 2013/04/09 - Austrian EFKON Group headquartered in Graz/Raaba, one of the leading companies in intelligent transportation and tolling solutions, reports two new large orders in Germany and Malaysia with a value in the double-digit million euro range - EFKON.com.

   
 
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• Delivery of toll collection components for the German truck tolling system;
• New order for 250,000 toll collection units for Malaysia;
• Development mainly in Graz.

The company received a follow-up order for the delivery of On-Board Modules for the satellite-based truck tolling system in Germany. An On-Board Unit (OBU) is a device that is installed in a vehicle to ensure the automatic payment of toll charges in an electronic toll collection system. The German truck tolling system is one of the largest traffic telematic projects in the world. EFKON AG, one of the main suppliers of the German truck tolling system, has delivered communications equipment for toll collection and equipped mobile toll enforcement vehicles with intelligent systems. The company also developed portable toll enforcement solutions in Graz which are currently being employed very successfully nationwide in Germany.

In addition to Germany as well as other European countries, South-East Asia is another important market for EFKON. In 1999, the Austrian technology company made its market debut in Malaysia with the delivery of the key technology for a nationwide electronic toll system. In March, EFKON succeeded in landing another large order in Malaysia comprising the delivery of 250,000 electronic toll collection units (OBUs). These intelligent devices are mounted on the inside of the windshield and allow for automatic, electronic toll collection in moving traffic without requiring the vehicle to stop. These OBUs also contain an interface to smart cards making it possible to capture parking, bus and rail transportation information in a multi-modal transport landscape in addition to the actual toll collection.

All of these tolling systems are developed at the company’s headquarters in Graz/Raaba at the EFKON Group’s main development site. The Austrian toll specialist is especially in demand internationally: in 2012, the company attained an export ratio of approx. 90%.

 
 
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Agency / Source: EFKON India (P) Ltd

 
 

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EFKON Awarded Major Orders in Germany & Malaysia

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EFKON AG |
Contact: Press Office - EFKON.com 
+43 316 69 90-0
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any EFKON India (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

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