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| Strabag acquires stake in Efkon After buying out minority shareholders, Austrian construction group Strabag SE now holds a substantial package of shares in Efkon AG just below a majority holding. Efkon AG is a leading company in electronic payment systems in the field of transportation and in intelligent traffic control systems. Efkon, based in Graz, Austria, is a globally active company with 700 employees in 17 countries and is active in all ITS segments including electronic tolling, traffic control, guidance and monitoring systems and transport telematics. The company's most important areas are global sales as well as research and development, and Efkon is a global market and technology leader in a number of segments. Today, Efkon's products and systems are used in more than 20,000 km of motorway every day and Efkon can point to reference projects in more than 40 countries. Among other things, Efkon is one of the main suppliers for the world's most state-of-theart electronic toll system at this time, Germany's truck tolling system. Efkon's most famous project in Austria involves the Section Control facilities. write your comments about the article :: © 2008 Construction News :: home page |