Kapsch TrafficCom awarded contract in Santa Cruz de Tenerife
- Three-year contract worth EUR 2.4 million per year
- More than 20 Spanish cities rely on Kapsch TrafficCom for mobility management and maintenance
Madrid, September 28, 2023 – Kapsch TrafficCom, a global provider of traffic management solutions, is proud to announce that it has been awarded a significant contract for the maintenance of the traffic management system of the city of Santa Cruz de Tenerife in Spain.
The company will manage the city's mobility services and its maintenance in a comprehensive manner. The Santa Cruz de Tenerife project has been valued by the city council at EUR 2.4 million per year, for the next three years and two years of optional extension.
The contract involves the operation of the city's Mobility Centre, traffic engineering and analysis of new solutions to improve mobility in the city. The City Council aims to ensure that all modes of mobility can coexist in the city for all road users: pedestrians, cyclists and individual mobility vehicles. With this contract, the City Council wants to deepen its strategies and policies for safe, inclusive, sustainable, connected and technological mobility.
Javier Aguirre, CEO/President of Kapsch TrafficCom Spain and Portugal, comments: “At Kapsch TrafficCom, we are proud to collaborate with the Santa Cruz de Tenerife City Council to improve urban mobility and we are happy to provide our extensive experience as a mobility and technology company as well as our expert engineers.”
Kapsch TrafficCom has a long history and experience in Spain, managing mobility management systems in more than 20 cities and has technicians and engineers dedicated exclusively to this purpose.
Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries. Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion.
With one-stop-shop solutions, the company covers the entire value chain of customers, from components to design and implementation to the operation of systems.
Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25 countries and is listed in the Prime Market segment of the Vienna Stock Exchange (ticker symbol: KTCG). In its 2022/23 financial year, about 4,000 employees generated revenues of EUR 553 million.