General meeting of IVU AG in Berlin

Good results, satisfied shareholders

This year’s general meeting of IVU Traffic Technologies AG was once again held at the IT location Berlin, the head offices of the company. Some 100 shareholders attended to hear the reports of the Executive Board and the Supervisory Board for the financial year 2012. They were obviously satisfied with the good annual results. The perfor-mance of the Executive Board and the Supervisory Board for the past financial year was approved with a majority of more than 99 %.

The signs are equally positive for the current financial year. After a good first quarter, the Executive Board expressed their confidence that the planned performance figures for 2013 will be achieved, with revenue of € 45 million. Executive Board member Dr Helmut Bergstein explained the good market opportunities of IVU as “due to the close contacts with customers and the sector, which helps us to recognise new topics at an early stage and to react appro-priately.” A positive example of this is the great success of the Regio-RBL solution for pas-senger information services in rural areas, which has now been installed successfully by the Transport Associations in Stuttgart and Bremen/Lower Saxony. “But we are also able to con-vince above all with our short project times for the implementation of our products,” continued Helmut Bergstein. Internationally, the company has successfully acquired new projects in Vietnam, Hungary, Colombia and also in Mongolia.

There was special applause for Bergstein when he showed the UITP Award to the shareholders. This “Oscar of the transport sector,” as he proudly referred to it, was awarded to IVU last week at the UITP World Congress, the most important international public transport congress and exhibition. The award was given in recognition of the introduction in London of the dynamic passenger information system with IVU.realtime and in particular for the innovative integration of cloud technologies.

“In recent years we have followed the right trends,” was the conclusion of Martin Müller-Elschner, CEO of IVU AG. “Our IVU.suite has developed into a strong standard product range which is not only doing well internationally, but has also opened up many new devel-opment opportunities for the domestic market. On this basis we will also continue to grow in the coming years.”

IVU Traffic Technologies AG has been working for more than thirty-five years with some 350 software engineers to ensure that transport in the world’s major cities operates reliably and on time. People and vehicles in expanding cities are continually on the move – a logistical challenge which calls for intelligent and reliable software systems. The standardised software products of the IVU.suite and tailor-made IT solutions are used to plan, optimise and control the scheduling of vehicle fleets and personnel. Other systems support the choice of branch locations or ensure that election results are determined correctly.
IVU. Systems for vibrant cities.

Contact:
Madlen Dietrich
Corporate Communications
IVU Traffic Technologies AG
Bundesallee 88, 12161 Berlin, Germany
Tel: +49 30 85906-0
E-mail: Madlen.Dietrich(at)ivu.de
www.ivu.de

This release was published on openPR.