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

  • Palfinger achieves record revenue and signs milestone Sany Group deal in 2012
    February 12, 2013
    Palfinger achieved record revenues in 2012 of US$1.251 billion (€935.2 million) – a year-on-year rise of 10.6%. The Austrian manufacturer of cranes, hydraulic lifts, loading and handling systems says the increase was mainly due to strong trade in North America, South America, CIS and the global marine business sector, as well as the continuation of a consistent internationalisation policy pursued in recent years. A further positive trend was said to be observed in other non-European regions. Meanwhile, in E
    Read More
  • Intermat’s Middle Eastern opportunity
    January 6, 2017
    More than 200 companies are preparing to take part in INTERMAT Middle East being held at the Abu Dhabi National Exhibition Centre from October 8-10 2012. Guy Woodford spoke to the ambassador of the UAE to France and senior figures in three exhibiting companies about the significance of the event and what they are looking to achieve through it.
    Read More
  • Intermat’s Middle Eastern opportunity
    April 17, 2012
    More than 200 companies are preparing to take part in INTERMAT Middle East being held at the Abu Dhabi National Exhibition Centre from October 8-10 2012. Guy Woodford spoke to the ambassador of the UAE to France and senior figures in three exhibiting companies about the significance of the event and what they are looking to achieve through it.
    Read More
  • Kapsch City Pole telematics solution wins design award
    May 15, 2012
    Austria-headquartered Kapsch TrafficCom has been awarded the State Prize for Design 2011 in the category "Product design Industrial Design/Capital Goods" for its City Pole – a traffic telematics solution that sets the trend in terms of functionality and aesthetics. As the company points out, while telematics applications have become increasingly commonplace in the traffic segment in recent years, the focus has been mostly on technical components; design aspects were often only taken into consideration to th
    Read More

Highlighted Content