Austrian intelligent transportation systems provider delivering electronic tolling, GNSS-based road user charging, and traffic management solutions across 50+ countries.
Kapsch TrafficCom AG is an Austrian publicly listed intelligent transportation systems (ITS) company headquartered in Vienna, providing tolling, traffic management, and connected vehicle solutions worldwide. The company traces its origins to 1892 when Johann Kapsch founded a precision mechanics workshop in Vienna. Over more than 130 years, the Kapsch family business evolved from manufacturing telegraphs and telephones, through radio and television equipment, into digital communications and ultimately intelligent transportation systems. Today Kapsch TrafficCom operates in over 50 countries from 25+ offices, delivering end-to-end solutions from hardware components through system design and installation to long-term operations. The company's two main business segments are Tolling (74% of revenue) and Traffic Management (26%). It is majority-owned by the Kapsch family through KAPSCH-Group Beteiligungs GmbH, which holds approximately 63-70% of shares, with the remaining 30% publicly traded on the Vienna Stock Exchange's Prime Market. Kapsch TrafficCom has a registered subsidiary in New Zealand (Kapsch TrafficCom New Zealand Limited, registered 2006) and is a Silver Member of ITS New Zealand, positioning itself as a technology vendor for the country's evolving road user charging system.
Kapsch's flagship tolling technology enables automatic toll collection across multiple lanes at highway speeds without barriers or toll booths. Uses DSRC antennas, ANPR cameras, and vehicle classification sensors on overhead gantries. Deployed nationwide in Austria (since 2004), and on major toll roads in Australia, Chile, Norway, Spain, Czech Republic, and the USA.
Next-generation distance-based charging using Global Navigation Satellite System (GNSS) positioning data processed through Kapsch's cloud-native Geo Location Platform. Eliminates the need for extensive roadside infrastructure. Calculates charges based on vehicle classification, emissions class, axle count, and road type. Operational in Bulgaria for HGV distance-based tolling since 2019.
Complete electronic tolling solutions combining DSRC/RFID, ANPR (Automatic Number Plate Recognition), and video-based vehicle detection and classification. AI-powered image analysis for licence plate recognition. Includes on-board units (OBUs), roadside units, back-office billing, and enforcement modules.
Versatile cloud-based platform for implementing distance-based road pricing. Designed to address declining fuel tax revenue from hybrid and electric vehicles. Supports national, urban, and inter-urban charging schemes. Uses satellite positioning rather than roadside infrastructure, making it highly cost-effective for large-scale deployments.
Integrated real-time traffic management software for urban, highway, and tunnel applications. Acquired through the 2016 Schneider Electric transportation business purchase. Kapsch operates traffic management centres for agencies including NYSDOT (four TMCs across New York State).
Vehicle-to-Everything communication technology enabling real-time data exchange between vehicles and infrastructure. Product line includes the RIS-9360 roadside unit (first FCC-certified C-V2X hardware, January 2026) and CBX-9360 on-board unit. Supports safety use cases (roadworks warnings, weather alerts, emergency vehicle alerts) and next-generation V2X-based tolling. World's first production V2X tolling system deployed in North Carolina.
End-to-end managed service model where Kapsch designs, implements, and operates tolling systems on behalf of road authorities and concessionaires. Covers the entire value chain from hardware procurement through system operation and maintenance. Includes the five-year EUR 50 million Bulgaria tolling system operations contract.
Johann Kapsch founded a precision mechanics workshop with 18 employees at Schottenfeldgasse in Vienna's seventh district. Early customers included the Austrian postal and telegraph authorities.
Kapsch ushered in the age of broadcasting in Austria, co-founding Radio Verkehrs AG (RAVAG), Austria's first broadcasting company. Manufactured radio receivers.
Launched the TFS-56, Austria's first black-and-white television set. In 1958, introduced 'Capri', Austria's first transistor radio.
Pivoted toward digital communications systems, discontinuing consumer electronics. Radio, television, and battery production ceased in the mid-1980s in favour of telecommunications infrastructure.
Founded international subsidiaries across Central and Eastern Europe -- Hungary, Czech Republic, Poland, Slovakia, Slovenia, and others -- ahead of post-communist market openings.
Implemented Austria's nationwide electronic truck tolling system for ASFINAG using microwave (DSRC) technology. The system went live in 2004 as the world's first country-wide multi-lane free-flow (MLFF) tolling system.
Implemented a toll system in the Czech Republic. Also registered Kapsch TrafficCom New Zealand Limited in Auckland (November 2006).
IPO on the Vienna Stock Exchange Prime Market (ticker: KTCG) on 26 June 2007, with 30% free float. The offering was oversubscribed 14 times. Acquired Mark IV IVHS, Inc. in the USA, entering the North American market.
Delivered MLFF tolling on Eastlink, a 39km toll road in Melbourne, Australia, observing over one million vehicle passages per day.
Acquired Schneider Electric's transportation business (formerly Telvent Trafico y Transporte), gaining advanced traffic management software (ATMS) capabilities and expanding into traffic management for urban, highway, and tunnel applications.
Deployed 100+ V2X roadside units along I-70 Mountain Corridor in Colorado in collaboration with Panasonic, Qualcomm, Ford, and Colorado DOT -- the world's first dual-mode V2X deployment. Won EUR 2B+ German passenger car toll (Pkw-Maut) contract as 50/50 joint venture (autoTicket) with CTS EVENTIM.
German government unilaterally terminated the Pkw-Maut contract following an EU Court of Justice ruling. autoTicket quantified damages claim at approximately EUR 560 million. Bulgaria GNSS-based satellite tolling system for heavy vehicles went live.
Debuted connected vehicle (CV)-based tolling with Central Texas Regional Mobility Authority (CTRMA). Sold 15.4% stake in Q-Free ASA (Norway). Acquired tolltickets GmbH.
Agreed comprehensive debt restructuring with major financial creditors (May 2023), targeting net debt reduction of at least EUR 60 million. Reached settlement with Germany for EUR 243 million over Pkw-Maut arbitration (July 2023), with Kapsch receiving approximately EUR 80 million.
Sold South African subsidiary TMT Services and Supplies and US subsidiary Traffic Technology Services (TTS) as part of Strategy 2027 portfolio review. Won barrier-free MLFF truck tolling contract in Spain's Basque region (26 gantries, 146 lanes, 1.4 million daily transactions). Austria's ASFINAG awarded contract for next-generation 'GO Maut 2.0' truck toll system.
Samuel Kapsch (fifth-generation family member) appointed COO (April 2025). Norwegian barrier-free MLFF tolling system for Vegfinans went live (July 2025). North Carolina Turnpike Authority launched world's first production-ready V2X toll collection system on Triangle Expressway. Partnered with Audi on V2X tolling roadmap for North America. Free-flow tolling system operational on Chile's Puente Industrial bridge.
FCC fully certified Kapsch RIS-9360 roadside unit -- the first connected vehicle hardware certified under new FCC C-V2X regulations (January 2026). Expanded NYSDOT traffic management operations with two new TMCs in Utica and Binghamton. Revised FY2025/26 outlook downward due to delayed project awards.
Chief Executive Officer / Chairman of Executive Board
Fourth-generation member of the Kapsch family. Joined the Kapsch Group in 1982. Holds a degree in business administration from the Vienna University of Economics. Also Managing Director of DATAX HandelsgmbH, the Kapsch family's holding company. Led the company's transformation from a tolling-focused company toward integrated mobility solutions under Strategy 2027.
Chief Technology Officer
Spanish national based in the USA. Joined Kapsch TrafficCom through the 2016 acquisition of Schneider Electric's transportation business. Previously served as Executive Vice President responsible for the Urban Traffic & Mobility Management Solution Centre.
Chief Operating Officer
Fifth-generation member of the Kapsch family. Responsible for supply chain management, production, Latin America and Asia-Pacific regions, operational strategy implementation, and marketing and communications.
Chairwoman of the Supervisory Board
Heads the Supervisory Board, which forms the dualistic management and supervisory structure of Kapsch TrafficCom AG alongside the Executive Board.
Kapsch TrafficCom has established a formal presence in New Zealand through its registered subsidiary Kapsch TrafficCom New Zealand Limited (registered November 2006, NZBN: 9429033760506, Auckland). The company is a Silver Member of ITS New Zealand and positions itself as a potential technology provider for New Zealand's evolving road user charging system. While Kapsch has not won any publicly known NZ RUC or tolling contracts, its GNSS-based road user charging technology and extensive global experience in distance-based charging for heavy vehicles make it a relevant international vendor as NZ transitions toward universal distance-based RUC. The company's Australian operations -- delivering MLFF tolling on major toll roads including Eastlink (Melbourne), M5 and WestConnex (Sydney), NorthConnex, and West Gate Tunnel (Melbourne) -- provide a strong regional base from which to engage with the NZ market.
Kapsch family holding company. Georg Kapsch is Managing Director of DATAX HandelsgmbH. Fourth generation of family control.
Traded on Vienna Stock Exchange Prime Market since June 2007. 14.3 million shares outstanding.
Austrian asset manager.
In 2018, autoTicket GmbH (a 50/50 joint venture between Kapsch TrafficCom and CTS EVENTIM) won a EUR 2 billion+ contract to implement and operate Germany's passenger car tolling system. Following an EU Court of Justice ruling that the toll was discriminatory, the German government unilaterally terminated the contract in September 2019. The joint venture quantified damages at approximately EUR 560 million and initiated arbitration proceedings. An arbitral tribunal confirmed that Germany was not permitted to withdraw without compensation. In July 2023, a settlement of EUR 243 million was reached, with Kapsch receiving approximately EUR 80 million. The dispute had a material impact on the company's financial position for several years.
After years of financial strain from the German Maut dispute, project losses in the Americas, and COVID-19 impacts, Kapsch TrafficCom agreed a comprehensive restructuring of its financing with major creditors in May 2023. Net debt had reached EUR 186 million with a gearing ratio well above sustainable levels. The restructuring targeted a net debt reduction of at least EUR 60 million. The company subsequently achieved significant deleveraging (net debt down to EUR 101.5 million by March 2025), aided by the German settlement proceeds and asset disposals, but the restructuring reflected a period of serious financial difficulty.
The Organisation Undoing Tax Abuse (OUTA) in South Africa alleged that Electronic Toll Collections (ETC), a subsidiary indirectly owned by Kapsch TrafficCom, and its South African entity TMT Services were involved in corruption and bribery. Allegations included unexplained payments of approximately R10 million to ProAsh Property Investments with no evidence of services rendered, and separate allegations that Kapsch's joint venture partner Intelligent Mobility Solutions (IMS) in Zambia received US$3.5 million as 'pre-sales costs' paid to an individual's personal account. The allegations were reported to the SA Police Service, the US Department of Justice, and the Vienna Stock Exchange. Kapsch TrafficCom refuted the allegations as 'pure conjecture and entirely unsubstantiated.' The company subsequently sold its TMT stake in 2024 as part of a strategic portfolio review.
The New York State Department of Transportation found Kapsch TrafficCom USA, Inc. to be 'non-responsible' and ineligible for two traffic management centre contracts in 2023. The determination was based on concerns about an undisclosed relationship with United DOTS, a company whose cofounders had joined Kapsch through the 2016 Schneider Electric acquisition, as well as issues from a 2019 contract. Kapsch challenged the determination in court but lost on appeal, with the New York Appellate Division ruling that the DOT had rational bases for its decision. Despite this setback, Kapsch subsequently won new NYSDOT contracts and began operating two additional traffic management centres in January 2026.
In October 2025, Kapsch TrafficCom issued a profit warning, revising its FY2025/26 revenue outlook from approximately EUR 510 million down to EUR 450 million, and EBIT from EUR 45 million to EUR 25 million. The company cited 'extremely hesitant awarding behaviour across the entire market' with infrastructure stimulus packages not yet translating into investment decisions, and delays in large project tenders. The share price, which had peaked near EUR 70 in 2018, was trading around EUR 6.50 by early 2026.
1883916
9429033760506
NZ Limited Company
17 Nov 2006
9 Hamilton Road, Herne Bay, Auckland, 1011, New Zealand
Tracey Gordon
Doncaster, Australia
100 total shares
Kapsch TrafficCom AB
100 shares · Jonkoping, Sweden
Source: NZ Companies Office · Last checked February 2026
View on Companies RegisterAnalysis of notable corporate and institutional shareholders. Individual shareholders are excluded.
Kapsch TrafficCom Sweden
Kapsch TrafficCom AB
A Swedish subsidiary of Kapsch TrafficCom AG that serves as the intermediate holding entity for the NZ subsidiary. The routing through Sweden may reflect historical acquisition structures or Scandinavian tax treaty advantages.
Kapsch TrafficCom
Kapsch TrafficCom AG
Traced via researchAn Austrian intelligent transportation systems company listed on the Vienna Stock Exchange. Provides electronic tolling, traffic management, and connected vehicle solutions in 50+ countries, ~EUR 539 million annual revenue, ~4,000 employees. Core business is designing, building, and operating national electronic toll collection systems.
Kapsch Family
KAPSCH-Group Beteiligungs GmbH
Traced via researchThe private Austrian holding company of the Kapsch family, holding ~63-70% of Kapsch TrafficCom AG. The family business traces back to 1892 when Johann Kapsch founded a precision mechanics workshop in Vienna. Now led by fourth-generation Georg Kapsch. One of Austria's oldest continuously family-owned technology companies - making Kapsch TrafficCom NZ ultimately controlled by a 130-year-old Viennese family enterprise.
