Italeaf SpA, holding company and first Italian company builder active in the cleantech and smart innovation sectors, listed on the NASDAQ First North Growth Market of the Stockholm Stock Exchange, announces that the subsidiary algoWatt, GreenTech Solutions Company listed on Borsa Italiana’s electronic stock exchange (MTA), have signed the contract for the development of a solution for the management of the flexible on-demand Tele-Bus service operated by Miejskie Przedsiębiorstwo Komunikacyjne Spółka Akcyjna (MPK S.A.), a public transport operator based in Krakow (PL). algoWatt awarded the contract in a European tender and related selection process involving several other multinational providers.

The contract provides for the development of the platform for the management of the DRT public transport service, which includes the application for the planning, optimization and execution of the service by the operator, the app dedicated to the driver for the management of the trips and the app for the booking of the service by customers. The solution that will be provided to MPK is based on the PersonalBus platform, developed over the years by algoWatt, successfully used by many operators in Italy and recently renewed with the latest technologies.

The contract has a duration of 30 months of which 6 months for development and 24 months of operational maintenance for which algoWatt will use local operators.

MPK is one of the largest public transport operators in Poland and the choice of the solution implemented by algoWatt demonstrates the company’s leadership in the flexible mobility sector, providing a solid reference for a possible development of the foreign market.