Athens just the ticket for LG CNS

A Korea-Greece consortium led by LG CNS has been awarded a US$191.9 million project to build an e-ticket system for mass transit in Athens, the Seoul-based IT solution company, LG CNS, says. Under the project, overseen by the Athens Urban Public Transport Organisation (OASA), LG and its partner, Terna Energy of Greece, will install and operate the automatic fare collection system for the bus, trolley and subway system. The smart ticket project will replace conventional paper tickets, the company said.
March 24, 2014 Read time: 2 mins
A Korea-Greece consortium led by 6203 LG CNS has been awarded a US$191.9 million project to build an e-ticket system for mass transit in Athens, the Seoul-based IT solution company, LG CNS, says.

Under the project, overseen by the Athens Urban Public Transport Organisation (OASA), LG and its partner, Terna Energy of Greece, will install and operate the automatic fare collection system for the bus, trolley and subway system.  The smart ticket project will replace conventional paper tickets, the company said.

The transition will take twelve years, and during the first two the consortium will set up e-transportation card panels on buses and at subway stations.  Over the following ten years, the consortium will implement the operation of the infrastructure for the traffic card and fare adjustment system.

LG CNS said it is also bidding to upgrade the smart public transportation fare system in London, worth US$1.5 billion), which it said is likely to be awarded late this year.

For more information on companies in this article

Related Content

  • TriMet to beta test new mobile ticketing app
    April 5, 2013
    Portland, Oregon, public transit services provider plans to begin testing the new TriMet tickets mobile app later this spring that will allow riders to conveniently buy and use fares from their smartphones. The agency is now taking applications from volunteers for the beta test of the mobile ticketing app designed by local software company GlobeSherpa. Bus, Max and Wes commuter rail passengers will be able to buy fares instantly, anywhere, at any time using an iPhone or Android phone, by downloading the fre
    Read More
  • Customised electronic ticket solutions implemented in Russian cities
    November 29, 2016
    Scalable CIPURSE-based electronic fare collection systems are now being implemented in Russia by German company Infineon Technologies and Russian systems integrator Udobny Marshrut (UM). UM has started roll-out in Izhevsk and Angarsk; seven other metropolitan regions are planned to follow by end of 2016. A total of two million people are eventually expected to benefit from customised, easy-to-use and particularly secure ticketing solutions for public transportation. Unlike the proprietary solutions c
    Read More
  • EU project to make urban freight management more sustainable
    February 1, 2012
    Urban freight policies are becoming more common in European cities and regions. However, it is still difficult to evaluate and transfer the knowledge gained from the different city logistics measures implemented by local authorities. The SUGAR project aims to tackle this by establishing a systematic approach towards best practices identification and assessment, and by developing urban freight plans and actions.
    Read More
  • Bristol to test new green bus technology
    January 9, 2015
    The city of Bristol in the UK is to pilot the latest green technology for buses thanks to a US$1.5 million grant from the Government to coincide with the city’s year as European Green Capital. Baroness Kramer, minister of State for Transport, announced today that Bristol will receive funding to purchase a number of new hybrid buses which can switch from diesel to electric automatically in low emission zones. The grant from the green bus fund will be used to purchase a number of hybrid buses with geo-f
    Read More

Highlighted Content