Austrian firm Kapsch TrafficCom wins Road Finance Excellence Award for its Nationwide Tolling & E-Vignette System in Bulgaria, leading to a 10% revenue boost.
Kapsch TrafficCom, an Austrian tech company, received the Road Finance Excellence Award from the International Road Federation for its Nationwide Tolling & E-Vignette System in Bulgaria. Launched in 2019 with the Road Infrastructure Agency, the GNSS-based system shifted from time-based to distance-based tolling for heavy vehicles, covering over 16,000 kilometers. This transition resulted in a 10% revenue boost from electronic vignettes, enhancing Bulgaria's transport infrastructure.
6 months ago
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