Skip to main content

Vitronic restructures for 'long-term vision'

German firm merges three divisions into two with focus on tolls and monitoring
By Adam Hill September 22, 2020 Read time: 1 min
Thomas Preusser (left) and Boris Wagner: leading the traffic tech business

Vision specialist Vitronic has restructured its three existing business units into two as part of a bid to become more customer-centric.

Traffic Technology will handle tolls and traffic monitoring, while Automation will deal with automotive, healthcare, logistics, photovoltaics and 3D body scanning.

Thomas Preusser and Boris Wagner have been chosen to head Traffic Technology.

Vitronic, whose HQ is in Wiesbaden, Germany, says each unit will "consolidate their sales, product development, project management and service capabilities", speeding up getting products to market.

There will also be "greater agility for implementing customer solutions, improved transparency, and better communication - with a clearer focus on customer needs". 

Preusser has been with the company since 1989, and has been a machine vision solutions developer for all business divisions. 

Boris Wagner joined Vitronic in 2013 and has held several sales roles for tolling and traffic monitoring solutions, most recently as head of the traffic technology sales department and director of ERA, the firm's traffic enforcement services subsidiary.

They will report directly to group CEO Daniel Scholz-Stein, who commented: "We must proactively shape our own transformation and not just respond to external events. We have been preparing for these new developments with the necessary long-term vision for quite some time." 

For more information on companies in this article

Related Content

  • Huawei advocates for change
    April 23, 2025
    Achieving technological change also requires a shift in mindset, as Jacky Wang, vice president of Huawei’s Smart Transportation business unit, explains
  • Ouster & Velodyne complete merger
    February 13, 2023
    Ouster name kept in combined company's "merger of equals" creating "Lidar powerhouse"
  • Investment in ITS: 'The pace of tech adoption is accelerating'
    April 25, 2023
    ITS veteran and corporate investment adviser Greg McKhann looks at some of the reasons why venture capitalists and private equity providers are taking a keen interest in the transportation sector
  • Automotive players targeting corporate mobility
    April 14, 2015
    Offering services that facilitate an integrated door-to-door business travel management solution is one of the main focus areas for growth and investment in 2015 in the automotive industry, according to Frost & Sullivan. With the business travel market worth US$1.3 trillion (GBTA), there is an increasing trend towards companies using online booking tools and cloud based services to plan, book, and expense/account business trips. Automotive market players are working to have their share of the future corpora