Kapsch Trafficcom: New details on deep restructuring emerge

Austrian toll provider Kapsch Trafficcom is undergoing a significant restructuring after reporting another annual loss. Details of the company's overhaul are emerging, including a pledge of shares by the owner family.

According to the magazine "trend," the Georg Kapsch family has pledged its shares, which constitute approximately 60% of the company, to satisfy lenders. There is also speculation that restructuring expert Markus Richter may join the supervisory board under pressure from banks.

Creditors are reportedly demanding asset sales, a move already initiated with the sale of the German subsidiary Tolltickets. A final restructuring plan is anticipated by September, with a "standstill agreement" in place with creditors until March 2027.

Kapsch Trafficcom has faced financial difficulties for some time. Revenue for the fiscal year 2025/26 dropped to 431 million euros from approximately 530 million euros the previous year. The net loss widened to nearly 19 million euros, compared to a 6.9 million euro loss in 2024/25. The company, which employs around 2,700 people in over 25 countries, is reportedly re-evaluating its North American business.