Sensys Gatso LATAM receives first order from new market Ecuador, worth approximately SEK 5 million

The territory of Duran, Ecuador is partnering with Great Group Holding in a consortium to implement a comprehensive traffic enforcement program that includes speed enforcement cameras. These enforcement systems will be implemented at key intersections in Duran. The Duran program is expected to be fully installed and operational by the third quarter of 2022. Sensys Gatso LATAM will supply the enforcement systems to its partner.

Sensys Gatso has established Sensys Gatso LATAM to be able to enter into the different markets in the LATAM region. The first order in the new market Ecuador, after Costa Rica and Colombia, is the result of the increased sales activities in this strategic region.

“Expanding our offerings into Ecuador, South America, is in line with our growth strategy. We appreciate working in areas where traffic safety is taken seriously and where capital infrastructure projects are shaping the future of a country or region. Implementing bold initiatives such as enforcement cameras along with additional traffic calming measures will go a long way to reducing crashes and eliminating fatalities and injuries. We are excited to be a part of this initiative” says Alexis A. Collazo, Regional Business Development Manager of Sensys Gatso LATAM.

This information is information that Sensys Gatso Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person at 13.15 on November 9, 2021.