Parking News

AINOA Shopping Centre Upgrades Parking Guidance with Portier in Espoo, Finland

AINOA forms a commercial centre for the Tapiola area, in Espoo. AINOA has grown into a unique combination of over 100 speciality shops, restaurants and cafés. In 2025, there were 10.4 million visitors with sales reaching €236 million. The Shopping Centre is easy to reach by metro or bus, or alternatively by bike or by car. AINOA has been using the Portier parking guidance solution as part of its street network guidance system since 2016.

HUB Parking Technology Expands Customer Reach in the Netherlands with New PARKRable Partnership

HUB Parking Technology today announced a strategic partnership with Dutch parking specialist PARKRable B.V., strengthening its commercial and service presence in the Netherlands and laying the foundations for broader growth across the Benelux region. The strategic partnership expands HUB's existing presence in the country. PARKRable, headquartered in Zoetermeer, Netherlands, will work in close collaboration with FAAC Technologies Nederland, which already delivers HUB-powered parking projects locally, adding commercial coverage, implementation capabilities and customer support resources to …

Investment Grade and First Bond Issuance: Interparking Expands Its Access to Capital Markets

Interparking announces that it has obtained a BBB rating with a stable outlook, enabling it to enter the Investment Grade issuer market, and has successfully completed its first bond issuance on the capital markets. These two milestones strengthen the Group’s financing options and will support its long-term growth ambitions. The Investment Grade status represents an independent recognition of Interparking’s credit quality. This rating enables the Group to access a broader universe of institutional investors and diversify its funding sources through direct access to the capital …

PayByPhone Appoints Mobility Veteran Bob Shepard as Chief Product Officer

PayByPhone, a global leader in parking and mobility payments, today announced the appointment of Bob Shepard to its Executive Leadership Team as Chief Product Officer (CPO), reporting to President and Chief Executive Officer, Jonny Combe, effective immediately. Backed by Lightyear Capital, PayByPhone is intensifying its investment in product-led technology to achieve its global growth ambitions. Shepard will own PayByPhone’s global product strategy and roadmap, leveraging data, partnerships, and innovation to deepen the driver experience, and to strengthen relationships with …

L.T. Elevator Expands into Global Automated Parking Market with DYPC Acquisition

L.T. Elevator Limited has signed an agreement to acquire a 66.45% stake in South Korean automated parking specialist DYPC Inc., also known as Dongyang PC. The transaction marks the Indian company’s entry into the international automated mechanical parking market. Under the agreement, L.T. Elevator will purchase the stake at USD 2.85 per share, with the intention of moving towards full ownership. The acquisition will give L.T. Elevator access to DYPC’s proprietary technology portfolio, which includes 12 international patents and automated parking systems marketed under the …

ASSA ABLOY to Acquire Gunnebo Entrance Control

ASSA ABLOY has signed an agreement to acquire Gunnebo Entrance Control, an international provider of entrance control solutions, including speed gates, mass transit gates and security revolving doors. "I look forward to welcoming the Gunnebo Entrance Control team to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.

Parking News

In our daily updated news section you can find all the important news from the parking industry. From new products and technologies to movers and shakers from all over the world; nothing gets past us when it comes to parking industry related information.

AINOA Shopping Centre Upgrades Parking Guidance with Portier in Espoo, Finland

HUB Parking Technology Expands Customer Reach in the Netherlands with New PARKRable Partnership

Investment Grade and First Bond Issuance: Interparking Expands Its Access to Capital Markets

PayByPhone Appoints Mobility Veteran Bob Shepard as Chief Product Officer

L.T. Elevator Expands into Global Automated Parking Market with DYPC Acquisition

ASSA ABLOY to Acquire Gunnebo Entrance Control

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