Swarco forecasts record turnover growth

Austrian traffic systems manufacturer Swarco Group expects to record a turnover growth of double digits to €465 million (US$643.96 million) in 2011, after a turnover of €409.7 million in 2010.
May 4, 2012 Read time: 1 min
Austrian traffic systems manufacturer 337 Swarco Group expects to record a turnover growth of double digits to €465 million (US$643.96 million) in 2011, after a turnover of €409.7 million in 2010.

For 2012, despite economic uncertainty, Swarco has won a number of large contracts, including a €40mn contract to supply traffic management systems to Saudi Arabia, as well as a part in a €52mn contract for traffic systems for a 16 kilometre tunnel in Sweden. The company has also recently set up a joint venture in Silicon Valley in the US for the development of a new traffic information and communication system.
Highway & Network Management

For more information on companies in this article

Related Content

  • Jenoptik Robot wins $53 million Malaysian enforcement contract
    March 16, 2012
    Jenoptik Robot has won an order from Malaysia, valued at over US$53 million, to install up to 550 stationary and mobile systems for monitoring red-light and speed violations and support the operation with comprehensive on-site services for a period of five years.
    Read More
  • Deutz new orders worth down 16.4% in 2012 to €1.237.1 billion
    March 19, 2013
    German engine manufacturing giant Deutz saw the worth of its new orders fall 16.4% in 2012 to €1.237.1 billion, compared to 2011 new orders worth €1.479.3 billion. The Cologne-based firm sold almost 179,000 engines in 2012 - 22.5% fewer than in the previous year. The Deutz Group's revenue decreased by 15.5% to €1.291.9 billion in 2012. Average revenue per engine increased owing to the greater proportion of higher-value engines. Deutz said the difficult economic climate in Europe and a weakening capital equi
    Read More
  • Beijing construction exhibition will break records
    February 16, 2012
    BICES organisers say a growth in the number of exhibitors, space and scope of the 2011 event assure it of success As the new US$33 billion Beijing-Shanghai 300km/hour bullet train swings into action the organisers of BICES 2011 are also claiming a world-class success. They say that the 11th Beijing International Construction Machinery Exhibition & Seminar 2011 has achieved what it planned with a 25% growth from the previous event (2009) in the number of exhibitors and floor space.
    Read More
  • Swarco inaugurates new glass bead factory in lower Austria
    July 11, 2022
    Glass microspheres are a versatile product. They are used as reflectors to create nighttime visibility of road markings and traffic signs to improve road safety. But they also have multiple uses in non-traffic applications, whether as blasting media in surface treatment, as filler beads for the compaction of plastics, in additive manufacturing / 3D printing, and water filtering techniques, to name just a few.
    Read More

Highlighted Content