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

  • German mining equipment sales reach record high
    April 16, 2013
    The German mining machinery market is at a record high, according to the German Engineering Federation, VDMA. Mining machinery manufacturers based in Germany hardly suffered from the financial crisis, said VDMA president Dr Thomas Lindner. Since 2007, their annual turnover has grown by about 13% on average. In 2011, growth was nearly 27% and turnover then increased by another 28% in 2012 to reach €6.2bn.
    Read More
  • Cifa focuses on new technology for 2014
    March 11, 2014
    In 2014 Zoomlion-owned Cifa plans to manufacture a further 15 of its innovative hybrid Energya 8 and 9 plug-in truck mixer prototypes to add to its two existing models. The globally renowned concrete equipment sector firm also aims to sell the first of these new plug-in truck mixer models next year. Among the new machines and equipment resulting from a €2 million-a-year R&D investment in Cifa and Zoomlion products over the last five years, the Energya 8 and 9 models, the latter of which was launched at bau
    Read More
  • Leaner WIM enforcement through new solutions
    December 3, 2013
    Guy Woodford reports on a major new Weigh in Motion system, big WIM solution deals and how a leading firm in the sector is warning UK fleet operators to be aware of how leaner enforcement work is helping authorities detect more overloaded vehicles Kapsch TrafficCom announced its keenly awaited new Weigh in Motion (WIM) solution at this year’s ITS European Congress in Dublin, Ireland. The sector-renowned Austrian firm’s latest solution uses a number of sensors and loops to detect whether the vehicle exceeds
    Read More
  • Growing WIM demand in Russia and South America
    April 4, 2014
    One Eastern European WIM manufacturer is finding commercial success in Russia, while another leading manufacturer is in demand in South America, as Guy Woodford reports Since Czech WIM technology manufacturer Camea secured type approval for its UnicamWIM system in early 2013, the firm has been installing a number of the systems in different Russian regions. These have included two UnicamWIM stations in Novosibirsk, one in the Kostroma region, and another on the M20 Highway between Belarus and Russia.
    Read More

Highlighted Content