The taxi app ‘Taxi.eu’ is strengthening its network under the umbrella of ‘Taxi Europa AG’ – a provisional name – to enable pan-European service, more cooperation between European taxi radio circuits and to encourage investment by third parties. The existing partners – mostly taxi radio circuits – will receive preferential shares.
Most of the 165 taxi radio circuits from 11 countries working with FMS/Austrosoft and Taxi.eu (65.000 connected vehicles, 300 million trips a year) showed an interest in the new structure at the Eurocab 2019 meeting in Luxemburg. Taxi radio circuits will be offered a share of 20 euros for each participating vehicle and for this franchise model they will pay for each Taxi.eu trip. At the same time there will be a capital increase in Taxi.eu of € 300.000.
If participants show an interest for a minimum of 30.000 shares before October 1, 2019, the project will start this Autumn. Eventually outside investors will also be invited to acquire a share.
- ‘Taxi Europa NV’ changing structure, offering pan-European service with the taxi.eu app.