Austrian toll system company Efkon successful in South Korea
September 21st, 2007 in Austrian Economy
Efkon is a toll system enterprise from Austrias federal state Styria.
Now the Styrian company caught an order in an estimated value of 10 mio EUR. South Korea wants to have the company for “free flow toll traces”.
Already 550 free flow toll traces and 350 toll boxes with intigrated bord computer and smart card were delivered to the Asian nation. “These are the worlds best toll boxes in the world”, says the boss of Efkon.
The prepaid system guarantees that toll system operators always receive their money. They don’t need to bill invoices. By one card it’s also possible to pay the bus, the underground, the parking taxes and even at the petrol station.
Efkon already made very good deals in Malaysia recently. The market share in this country amounts 100 percent. Also Taiwan and India are two very good sales markets in Asia.
Efkon employs 550 workers, 100 are located in Austria. Last year Efkon was able to achieve sales in the value of 50 mio EUR.

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