ITIS Holdings
Provider of road traffic information and data services.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Based in Prague, Czech Republic, ITIS Holdings operates as a key entity in the intelligent transport infrastructure sector. The company was established in May 2022 as a subsidiary of the PPF Group, consolidating several firms to create a comprehensive provider of smart transport solutions. This strategic consolidation brought together CzechToll and SkyToll, operators of electronic toll systems, the technology company TollNet, and the payment solutions provider PaySystem under a single umbrella.
The business focuses on providing end-to-end services, including the design, construction, operation, and maintenance of transport systems. Its primary clients are governments and other entities that require solutions to manage traffic flow, finance infrastructure, improve road safety, and implement cost-effective technology. A core component of the company's offering is its satellite-based toll collection system for vehicles, which has been implemented in the Czech Republic and Slovakia, making ITIS Holding one of only two providers globally to operate such a system in multiple countries. The system developed for the Czech Republic, operated by its brand CzechToll since 2019, replaced an older microwave system and operates at a significantly lower cost to the government.
The company's business model revolves around leveraging traffic data and advanced technologies to manage traffic with a focus on sustainability and environmental concerns. This includes services for traffic control and regulation in urban and extra-urban areas. The technology portfolio supports the development of next-generation toll systems based on virtual on-board units (OBUs), which can be extended to passenger cars and urban transport for services like parking and traffic regulation.
A significant milestone in the company's history was the acquisition of the German machine vision company VITRONIC in early 2024. This acquisition was a strategic move to enhance the group's capabilities, particularly in traffic technology and automation, and to expand its global reach. VITRONIC, founded in 1984, is a global player in traffic technology and automation, operating in over 80 countries. The merger complements ITIS Holding's expertise in satellite tolling with VITRONIC's leadership in road safety and automation through machine vision. The CEO of ITIS Holding is Matej Okáli, who continues to lead the company's development following the acquisition of VITRONIC.
Keywords: intelligent transport systems, toll collection services, traffic management solutions, smart city infrastructure, satellite tolling, transport automation, road user charging, traffic enforcement, machine vision technology, transport data analytics, urban mobility, PaySystem, CzechToll, SkyToll, TollNet, VITRONIC, PPF Group, end-to-end transport solutions, road safety technology, virtual OBU