The global technology holding company is celebrating the 125th anniversary of its founding, and has been operating in the Czech Republic for a quarter of a century
The local Kapsch holding subsidiary is celebrating two anniversaries this year. Besides global celebrations of the 125th anniversary of Kapsch’s founding, 2017 also marks 25 years since the first Kapsch local agency was set up in the Czech Republic. Celebrations will be taking place across the globe, because since 1892 this originally small Austrian company has expanded to become a global technology giant with 95 subsidiaries on five continents. While events reach a climax in Austria in September, in Prague the highlight of Kapsch’s celebrations took place in Žofín Palace on 24 May.
Besides a buffet and excellent wine the programme included a celebratory concert from the Czech Radio Symphony Orchestra conducted by Ondrej Lenárd. The compositions chosen highlighted Czech-Austrian social and cultural proximity, with the evening’s subtitle ‘Bridges between the Czech Republic and Austria’. Soloing were Austrian soprano Nicola Proksch and flautist Karl-Heinz Schütz, with the trio completed by Czech baritone Svatopluk Sem.
Hundreds of guests from amongst Kapsch’s important business partners along with guests from the political, economic and cultural spheres were reminded of milestones in the history of the Kapsch brand, its current global strength and its technological vision for the future. The artistic section of the evening was taken up by musicians from the Czech Radio Symphony Orchestra, who along with the soloists performed compositions underscoring Czech-Austrian social and cultural proximity.
Historical context was highlighted through key artefacts from Kapsch’s past which commemorated the fact that the company had been present for all technological breakthroughs and inventions of the 20th century, from the launch of radio and television broadcasting through the development of telecommunications to the massive explosion of the internet and digital technologies. In the 21st century, the Kapsch brand is renowned in the traffic telematics and toll system field, while globally it also reigns in the market in GSM-R railway technology. Furthermore, in the Czech Republic Kapsch’s presence is inherently linked to the fall of the communist dictatorship and the development of democracy and the free market.