October 01, 2014 1:30 PM ET

Commercial Services and Supplies

Company Overview of Q-Park AB

Company Overview

Q-Park AB provides car parking, parking enforcement, and parking fine solutions in Europe. It operates parking lots for real estate, businesses, shopping centers, hotels, municipalities, and airports. The company offers hiring, supervision, maintenance, and management solutions. Q-Park AB was formerly known as CP Group AB. The company was founded in 1959 and is based in Stockholm, Sweden. It has operations in the Netherlands, Germany, Belgium, United Kingdom, France, Ireland, Denmark, Sweden, Norway, and Finland. As of June 30, 2006, Q-Park AB operates as a subsidiary of Q-Park NV.

Veterinärgränd 6

Stockholm,  12023


Founded in 1959


46 87 22 15 00


46 87 22 48 60

Key Executives for Q-Park AB

Executive Officer
Compensation as of Fiscal Year 2014.

Q-Park AB Key Developments

MasterCard Europe Sprl Announces Partnership with Q-Park

MasterCard Europe Sprl and Q-Park AB announced a new partnership agreement that will provide customers with a safe and convenient way to pay for their parking. The agreement will maximise MasterCard's technology and Q-Park's expertise to provide an integrated customer experience that allows for a convenient and secure way to check in and out. The first country to benefit from this European partnership will be the Netherlands. All relevant Dutch Q-Park car parks will receive the new EMV secured technology that will, next to credit cards and contactless payments, also allow Maestro(R) debit cards as entry and exit payment device without having to use a pin code. This roll-out will take place during the second half of 2013.

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