Swarco founder Manfred Swarovski dies

Manfred Swarovski, founder and CEO of Swarco, has passed away at the age of 77. The company’s executive board confirmed that he died on 13 May. Swarco says it has lost a mastermind who managed to bring his group of companies to world renown in the field of road safety and intelligent traffic management over nearly half a century. The company expressed condolences to Swarovski’s wife Elisabeth, sons Alexander, Philipp and Manfred, and to his brothers and sisters. Swarovski had planned his succession by
May 15, 2018 Read time: 2 mins

Manfred Swarovski, founder and CEO of 129 Swarco, has passed away at the age of 77. The company’s executive board confirmed that he died on 13 May.

Swarco says it has lost a mastermind who managed to bring his group of companies to world renown in the field of road safety and intelligent traffic management over nearly half a century.

The company expressed condolences to Swarovski’s wife Elisabeth, sons Alexander, Philipp and Manfred, and to his brothers and sisters.

Swarovski had planned his succession by handing over his responsibilities to executive board members over the past few years. They will run the company operationally in close alignment with the supervisory board, Swarco said.

The company started in 1969 in Austria with a small factory producing reflective glass beads. Today, the international traffic technology organisation employs 3,700 people and generates annual revenue of €675m.

For more information on companies in this article

Related Content

  • Pivot Power: 'We need to rethink the EV customer experience'
    October 10, 2018
    Electric vehicles will increasingly become a key part of the mobility mix but charging infrastructure is currently patchy. Adam Hill talks to Matt Allen of Pivot Power about disruption, horses, slot machines – and the importance of customer experience. Electric vehicles (EVs) – including buses, taxis and cars for individual and shared use – are already a common sight on our roads. They are not yet ubiquitous. But that will come. There will be around 30 million electric cars in the world by 2030 (as they
    Read More
  • Dynniq Mobility switches to Swarco
    March 18, 2022
    Rebranding 'will establish a common feeling', says Swarco, following acquisition last year
    Read More
  • Secretary Foxx sends six-year transportation bill to Congress
    March 31, 2015
    Over the past year, US Transportation Secretary Anthony Foxx has visited more than 100 communities and heard one common story about crumbling infrastructure and dwindling resources to fix it with. Foxx has now sent to Congress his solution to this problem: a long-term transportation bill that provides funding growth and certainty so that state and local governments can get back in the business of building things again. The Grow America Act reflects President Obama’s vision for a six-year, US$478 billion
    Read More
  • Swarco expands in Switzerland
    April 13, 2018
    Swarco has acquired the majority shareholding in Bergauer Holding. The Switzerland based company develops and integrates intelligent traffic guidance and control systems as well as guidance systems for infrastructure and security projects. For the medium term, the project planning, installation and services activities of Bergauer Signalbau and Swarco will be merged into Swarco Schweiz as part of a strategy to achieve a better service for clients. Bergauer will continue to manage the project planning
    Read More

Highlighted Content