Q-Free to supply ATMS for River Danube bridge

Q-Free Elcom is to supply advanced transportation management systems (ATMS), including electrical installations and installation of LED light systems for a bridge over the River Danube in Eastern Europe. The contract, valued at US$1.3 million, was awarded by construction company Ratko Mitrović Niskogradnja in Belgrade and will commence immediately. “This new contract for Q-Free Elcom is a confirmation of the attractiveness of our ATMS portfolio,” comments Q-Free CEO Thomas Falck.
August 29, 2014 Read time: 1 min

108 Q-Free 7723 Elcom is to supply advanced transportation management systems (ATMS), including electrical installations and installation of LED light systems for a bridge over the River Danube in Eastern Europe.

The contract, valued at US$1.3 million, was awarded by construction company Ratko Mitrović Niskogradnja in Belgrade and will commence immediately.

“This new contract for Q-Free Elcom is a confirmation of the attractiveness of our ATMS portfolio,” comments Q-Free CEO Thomas Falck.

Charging, Tolling & RUC

For more information on companies in this article

Related Content

March 28, 2014

Q-Free strengthens ATMS business

Q-Free has strengthened its position in the market for advanced transportation management systems with the signing of a share purchase agreement for the acquisition of intelligent transportation systems (ITS) supplier TDC Systems for an estimated cash and equity consideration of US$16.6 million dependent on future financial performance. Established in 1998, TDC Systems comprises TDC Systems in the UK and its sister company TDC Systems in Australia, both of which are owned by founder and managing director
boombox1

Highlighted Content

boombox2