IVU Traffic Technologies AG opened its subsidiary to provide direct local support for customers. “The Israeli market is very important to us. With our new subsidiary, we are laying the foundation for close cooperation with our customers in Israel. In addition to follow-up orders from existing projects, we expect additional orders from further transport companies in the medium term,” Andreas Groß-Weege, the responsible member of the IVU Management Board said.
IVU has been operating in Israel for around five years. Its customers include the Jerusalem Transport Master Plan Team (JTMT) and Superbus Ltd., one of the country’s largest private transport companies.