Business Daily Media

The Times


.

Kapsch TrafficCom wins IRF award for satellite-tolling project

  • Award-winning GNSS tolling system covers 16,000 km of roads
  • System was awarded for design, implementation and positive impact

VIENNA, AUSTRIA - EQS Newswire - 30 September 2024 – Kapsch TrafficCom is proud to announce that the Bulgarian "Nationwide Tolling & E-Vignette System" was awarded the prestigious Road Finance Excellence Award by the International Road Federation (IRF).

This recognition underscores the innovative design, exceptional implementation, and the positive impact of the GNSS (Global Navigation Satellite System)-based tolling system on the country's transportation infrastructure. The award ceremony took place on September 26, 2024, during the IRF Europe & Central Asia Congress Gala Dinner in Plovdiv, Bulgaria.

Georg Kapsch, CEO of Kapsch TrafficCom, explains: "The award highlights the capabilities of our GNSS technology to cover thousands of kilometers of road. We are bringing together our extensive global experience with the local market expertise of our partners. This allows us to deploy our solution in a way that fits local needs while delivering a flexible, scalable, future-proof and sustainable system for financing infrastructure while at the same time reducing CO emissions by optimizing traffic flow."

The Bulgarian Nationwide Tolling System
Launched in 2019 in partnership with Bulgaria's Road Infrastructure Agency (RIA), this project transitioned the country's tolling system from time-based vignettes to a distance-based model for heavy goods vehicles (HGV) using cutting-edge satellite tolling technology. The system covers over 16,000 kilometers of roads, managing electronic tolls for trucks and e-vignettes for passenger vehicles. By 2020, GNSS tolling for all HGVs was introduced, generating a 10% revenue increase from e-vignettes and additional gains from enhanced enforcement measures.

Kapsch worked closely with the RIA and consulting teams, coordinating seven specialized working groups for road infrastructure, data centers, tolling, enforcement, and payment systems. Over 500 authority staff were trained, and the project's scope includes 24/7 technical support and maintenance. The system also integrates various sales channels, including web platforms, mobile apps, and self-service terminals.
The International Road Federation (IRF) is a global, not-for-profit organization dedicated to promoting safe, sustainable, and efficient road networks worldwide. The recognition by the IRF marks another milestone in the successful deployment of tolling systems by Kapsch TrafficCom around the globe.

The issuer is solely responsible for the content of this announcement.

News from Asia

Garvee Spotlights Home & Garden Essentials for the Late-Summer to Early-Autumn Transition

ONTARIO, CA - Media OutReach Newswire - 16 August 2026 - As France enters the transitional period between mid-August and early September—a season marked by the return from summer holidays and cool...

Airwallex and Air Corporate Launch One-Step Setup for Hong Kong Startups to Deliver Day-One Transaction Readiness

New partnership turns incorporation into a transaction-ready business in a single application — and sponsors 10 founders every month with a free upgrade to the fully-managed Expert packageHong Kong...

Etiqa Insurance Singapore Appoints Claudia Soh as Chief Executive Officer to Lead Next Chapter of Growth

Veteran insurance leader to accelerate growth, strengthen partnerships and drive customer-focused innovationSINGAPORE - Media OutReach Newswire - 14 August 2026 - Etiqa Insurance Singapore today a...

Allianz Insurance Singapore Wins Three Awards at Asia Consumer Insurance Awards 2026, Reinforcing Commitment to Protecting Singaporeans Against Emerging Risks

SINGAPORE – Media OutReach Newswire – 14 August 2026 – Allianz Insurance Singapore Pte. Ltd. ("Allianz") has won three awards at the Asia Consumer Insurance Awards 2026 — Best EV Insurer, Inn...

XTransfer Serves Over 1 Million Enterprise Clients

China Foreign Trade Industry Annual Mega-Event “XTransfer Summit 26” Concludes SuccessfullySHENZHEN, CHINA – Media OutReach Newswire – 14 August 2026 – XTransfer, the World's Leading B2B Cross-bo...

Cambodia Government and Church Leaders Celebrate Opening of Phnom Penh Temple

PHNOM PENH, CAMBODIA – Media OutReach Newswire – 14 August 2026 – Cambodia officials and leaders of The Church of Jesus Christ of Latter-day Saints commemorated the completion of the Phnom Penh Ca...

Rhenus and shipzero launch strategic partnership to scale Book and Claim across air, ocean and road transport

Partnership opens new avenue for Rhenus to offer customers audit-ready Book and Claim solutions for reducing the climate impact of transport emissions shipzero platform provides c...

Hong Kong Postnatal Care Ushers in a Breakthrough Era: "Anna Postnatal Care Center" Introduces Innovative Technique Achieving "Zero Breast Contact" During Pain Phases and Rapid Pain Relief in 1 to 3 Minutes

Combining years of Traditional Chinese Medicine (TCM) background with all-around home-visit emergency services, the technique completely shatters traditional blind spots of forceful massaging, help...

Powering the Future - Greenworks Power Takes Center Stage at North American Dealer Meeting, Opening a New Chapter in Global Battery-Powered Tools

MOORESVILLE, UNITED STATES - Media OutReach Newswire - 14 August 2026 - At the 2026 North American Sales & Dealer Meeting, held August 10–12, Greenworks introduced its new strategic vision, Gr...

NINGJI Takes Centre Stage at KLCC, Strengthening Its Position as a Benchmark for Southeast Asian Expansion Through Five Key Localization Strategies

HONG KONG SAR - Media OutReach Newswire - 14 August 2026 – From 23 to 25 July 2026, the ninth Franchise Expo Malaysia 2026 was held at the Kuala Lumpur Convention Centre (KLCC)...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...