Strategic organisational changes at Q-Free

Q-Free has carried out a revision of the company strategy and will make organisational changes in order to strengthen its market position. CEO Thomas Falck, who was appointed CEO on 6 January 2014, on an initial six-month contract, will remain at the helm through 2014 in order to oversee a successful implementation of the changes. Going forward, Q-Free will operate three business areas: road user charging (RUC); advanced transportation management systems (ATMS); and the new business area managed services
May 22, 2014 Read time: 2 mins
108 Q-Free has carried out a revision of the company strategy and will make organisational changes in order to strengthen its market position. CEO Thomas Falck, who was appointed CEO on 6 January 2014, on an initial six-month contract, will remain at the helm through 2014 in order to oversee a successful implementation of the changes.

Going forward, Q-Free will operate three business areas: road user charging (RUC); advanced transportation management systems (ATMS); and the new business area managed services (MS). The latter will focus on commercialising new recurring revenue concepts to strengthen the revenue base and profitability, and increase the financial predictability.

At the same time, the company has changed its geographical split to the Nordics, North America, Europe and Latin America, and Asia, Middle East and Africa, each operating under dedicated regional management.

Q-Free will continue its R&D efforts to stay at the forefront of market developments with a broader portfolio. The company will also continue building its ATMS business area, both organically and through acquisitions.

Q-Free feels these changes, which take effect from 1 June 2014, will enable it to provide a broader portfolio of products and value added services to its customers, and at the same time strengthen Q-Free’s position as an industry leader.

“Since taking over the role as CEO in Q-Free, I have spent much time with both employees and customers. This has given me insights into an organisation with great potential. The strategic and organisational changes will enable us to realise more of this potential,” says CEO Thomas Falck.  “I would like to thank all our employees for their dedication and support to the process leading up to these changes. I am looking forward to continue working as a team to further strengthen Q-Free’s position as a truly global player in the intelligent transport systems market.”

“Q-Free has undergone an important and thorough revision of the company strategy over the last months, and it is important to make sure that the new strategy is successfully implemented. Thomas Falck has proven to be a valuable asset for Q-Free, first as a board member and now as CEO. We are therefore glad that Falck has accepted to extend his employment contract,” says Terje Christoffersen, Q-Free chairman.
Charging, Tolling & RUC Detection, Monitoring & Machine Vision Urban Traffic Control

For more information on companies in this article

Related Content

  • Kerb your enthusiasm, warns Passport
    March 4, 2019
    Dynamic kerbside management is crucial if urban authorities are to address increasingly chaotic situations caused by the gig economy and mobility innovation, says Adam Warnes at Passport Demand for the kerbside is growing and changing and it’s no surprise when you consider the recent innovations within the mobility industry. For starters, there are new modes of transport, including ride-shares, electric vehicles (EVs), dockless cycles, last-mile consolidations and autonomous vehicles (AVs). Secondly, the
    Read More
  • Cale Access adds parking enforcement to product range
    January 10, 2013
    Swedish parking services provider Cale Access has expanded its product offering with the acquisition of parking enforcement company Mobiway, manufacturer of Smartpark and Nice, a complete solution for enforcement queries and permits. Cale Access says this acquisition, and the addition of Smartpark to the current product offering, is a further step in the group’s ongoing strategy to offer complete parking solutions. “This solution is exactly what the industry needs to connect all payment suppliers on the mar
    Read More
  • Q-Free sells parking division 
    May 5, 2021
    Q-Free says it wants to concentrate on tolling and traffic management solutions
    Read More
  • National truck tolling scheme compensates for transit traffic
    July 13, 2012
    Q-Free's Per Frederik Ecker talks about the Slovak Republic's new truck tolling system, which is intended to compensate for the large amounts of transit traffic which passes through the country. In January this year Q-Free, together with Siemens, was awarded the contract to deliver the new national truck tolling scheme in the Slovak Republic. This will be operated by Slovakia SkyToll on a 13-year concession and Q-Free is supplying the central tolling and enforcement system, together with a three-year servic
    Read More

Highlighted Content