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

  • European equipment sales up 15% in 2017, according to the CECE
    June 15, 2018
    European construction sales grew by 15% in 2017, according to the Annual Economic Report 2018* from the CECE After a strong first quarter, growth slowed in Q2, before rising in Q3 and Q4, according to the CECE - Committee for European Construction Equipment. Current levels of sales are on par with the levels seen in 2006 and 2008, but the industry is still 20% below the 2007 peak.
    Read More
  • UGL wins Australia’s NorthConnex M&E services contract
    September 7, 2015
    Engineering services provider UGL has signed a four-year deal with the Lend Lease Bouygues joint venture that is building the NorthConnex motorway in Sydney, Australia. The US$329 million contract is for the design, procurement, construction and commissioning of the electrical, mechanical, communication, fire and control systems needed for the project’s 9km twinned tolled tunnel. UGL provides outsourced engineering, asset management and maintenance services to rail, transport, power, resources, water an
    Read More
  • Extended Traffic Control in 2014 and beyond
    April 3, 2014
    One leading traffic control solution company has announced a major acquisition to broaden its customer offer, while the delivery of an ambitious real-time journey information service for Scotland’s motorists is well on track. Guy Woodford reports Kapsch’s TrafficCom says its high-profile recent US$16 million acquisition of Transdyn will enable it to offer current and future customers worldwide an extended end-to-end product and solution portfolio for intelligent transport systems (ITS). The acquisitio
    Read More
  • VDMA reports increase in German equipment sector
    July 22, 2014
    A report from the German construction and building equipment manufacturer’s association, the VDMA, reveals steady sales for 2014. According to the report, German manufacturers of construction equipment are expecting to see a growth of 5% throughout 2014. In 2013, sales for the entire industry reached €11.7 billion. “This forecast is, however, based on several different backgrounds,” said Sebastian Popp, the VDMA’s expert on economics explains the situation. He explained that with construction equipment, th
    Read More

Highlighted Content