Skip to main content

Toll4Europe GmbH and NORBIT ASA Announce the Development of a New Innovative GNSS and DSRC Hybrid OBU Made in Norway

Munich, Germany, and Trondheim, Norway, 29 July 2024: Toll4Europe GmbH and NORBIT ASA are proud to jointly announce the development of a new innovative GNSS and DSRC Hybrid On-Board Unit (OBU). This advanced OBU, designed for easy installation and intuitive operation, marks a significant enhancement for users seeking seamless and efficient tolling solutions. The product will be fully made in Norway at NORBIT’s factory in Røros and available to Toll4Europe’s customers starting mid of 2025.

Dr. Felix Wex, CEO of Toll4Europe GmbH, said, “Partnering with NORBIT to bring this innovative GNSS and DSRC Hybrid OBU to the market is a significant step forward in our mission to provide seamless and efficient tolling services across Europe. This collaboration will not only benefit our Sales Partners but also improve the overall user experience. Our vision is to integrate sophisticated technology with user-oriented mobility services, making life easier for our customers and enhancing business efficiency.”

Per Jørgen Weisethaunet, CEO of NORBIT ASA, added, “We are proud to have the opportunity to work for one of Europe’s leading EETS operators and will work hard to ensure that this new product aligns with our vision to be recognized as world-class. Toll4Europe’s unique insights into the daily lives and needs of users help us tailor a GNSS OBU that is user-friendly, which will simplify operations both for Toll4Europe’s partners and their end-users.”

This announcement follows NORBIT’s earlier announcement on 16 April 2024, where they disclosed that the Connectivity segment received an order from a new undisclosed European customer for the delivery of On-Board Units valued at approximately NOK 160 million, with deliveries scheduled for 2025.

About Toll4Europe GmbH

Toll4Europe GmbH is a leading European Electronic Toll Service (EETS) provider. Their vision is to offer seamless, cross-border tolling services that integrate advanced technology and digital intelligence. This approach aims to simplify toll payments, enhance mobility, and reduce environmental impact, aligning with their commitment to future-oriented mobility services. More information can be found on https://toll4europe.eu

About NORBIT ASA
NORBIT is a global provider of tailored technology to selected applications. Structured in three business segments; Oceans, Connectivity, and Product Innovation & Realization (PIR). NORBIT supports its customers and partners in solving demanding challenges through sustainable innovation. Headquartered in Trondheim, Norway, with R&D and manufacturing facilities in Europe and North America, NORBIT employs around 500 people and operates a worldwide sales and distribution platform. For more information, visit https://norbit.com

For media inquiries, please contact:

– Dr. Felix Wex, CEO, Toll4Europe GmbH: press@toll4europe.eu

– Per Jørgen Weisethaunet, CEO, NORBIT ASA: +47 959 62 915

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.