Eurowag
Czech company
Eurowag is a Czech-founded company providing payment and mobility services to the commercial road transport industry in Europe. Its services include fuel and toll payments, fleet management, telematics and financial services.
The company was founded by Martin Vohánka in Prague in 1995 and is listed on the London Stock Exchange, where it is a constituent of the FTSE 250 Index.
History
The company was founded by Martin Vohánka as a petroleum trader in the Czech Republic as the W. A. G. Group in 1995. It launched its payment services platform, which operated under the trade name of Eurowag, in 2000.
In 2016, US private-equity firm TA Associates acquired a minority stake in Eurowag. In 2017, Eurowag expanded into telematics and fleet management through the acquisition of Czech company Princip. In the same year, Eurowag was registered in the Czech Republic as a provider of the European Electronic Toll Service (EETS).
In 2019, Eurowag expanded through acquisitions, acquiring a 75% stake in Spanish and Portuguese fuel-card operator ADS and a 70% stake in Slovak navigation-software company Sygic.
As of May 2021, the company was owned 59.1% by Vohánka and 32.7% by TA Associates.
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This entry incorporates text from “Eurowag” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.