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Smart Parking Expands into Germany with Managed Services

Smart Parking is continuing its technology led growth journey with operational expansion into Germany

Leading parking technology and services provider, Smart Parking, is continuing its technology led growth journey with operational expansion into Germany.

Smart Parking has identified Germany as having the desirable infrastructure, smart city congestion obstacles and attractive market conditions that will support the Groups growth objectives in mainland Europe.

Leading the new German team in the role of Managing Director is Emil Strobl. Emil comes to us with extensive experience in the Emil Stroblparking industry, previously holding the role of Chief Operating Officer of a major parking industry player in Germany. Added to this, Emil has held several senior positions at METRO AG involving business development and leadership of international market entry missions in Asia, Africa and the Middle East.

The Smart Parking global technology development team will provide support in Germany with regards to all technology requirements, from our market-leading SmartCloud management platform and enforcement workflow systems to complete compliance management, automatic number plate recognition (ANPR) and mobile applications.

Smart Parking are focused on bringing both of our key offerings – ANPR managed parking services and sensor-based technology parking solutions – to the German market. This is a new and exciting chapter in the growth of Smart Parking as we look to the future with the view of expanding our addressable markets and increasing our global footprint.

After the swift and successful expansion of our managed services business into New Zealand and Australia in 2021, we have developed a repeatable growth strategy that enables us to launch our successful, technology led business model in new territories. Germany, with an attractive operating environment and large addressable market is a great place to launch our mainland Europe expansion. Added to this, we have an experienced and capable leader in Emil who is focused on the execution of our organic growth strategy and the evaluation of consolidation opportunities in the region”. - Paul Gillespie, Smart Parking Limited CEO.

About Smart Parking Limited 

Smart Parking Limited is a pioneering technology innovator and services company in the parking industry. With offices in Australia, New Zealand and the UK, along with a rapidly growing global network of expert partners, our aim is to bring our intelligent parking sensors and integrated smart parking services to the world. Each year, we install thousands of sensors in a range of environments including shopping centres, supermarkets, airports, commercial parking sites, universities and large scale municipal street environments. To date, our advanced real-time vehicle parking sensor solution, known as SmartPark, has been adopted globally. Alongside the technology products division, our managed services division operates and manages thousands of car park spaces across the UK, New Zealand and Australia using complementary Automatic Number Plate Recognition/License Plate Recognition (ANPR/LPR) technology. This can be used as a single solution or with the option to be combined with Pay & Display or integrated with sensing technology. Smart Parking Limited has been an Australian Securities Exchange (ASX:SPZ) publicly listed company since early 2011.

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