Eastern Europe opts for Q-Free traffic management

Q-Free subsidiary Elcom is to supply the city of Belgrade, Serbia, with advanced transportation management systems (ATMS), including traffic signal controllers and traffic management systems. The contract, valued at around US$1 million will begin in July 2014 and will be delivered within one year. Q-Free has also been awarded contracts valued at more than US$300,000 for traffic signal systems to be supplied to in Serbia and Macedonia during 2014. “Q-Free has made several acquisitions within the ATMS
July 21, 2014 Read time: 1 min

108 Q-Free subsidiary 7723 Elcom is to supply the city of Belgrade, Serbia, with advanced transportation management systems (ATMS), including traffic signal controllers and traffic management systems.  The contract, valued at around US$1 million will begin in July 2014 and will be delivered within one year.

Q-Free has also been awarded contracts valued at more than US$300,000 for traffic signal systems to be supplied to in Serbia and Macedonia during 2014.

“Q-Free has made several acquisitions within the ATMS market over the past two years. We are pleased to see that all companies are performing well and that our entire offering is in demand by the market" says Q-Free CEO Thomas Falck.

UTC

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