IMPETUS carries international experience in the area of transport and traffic engineering, with a specialization in traffic modeling, “due diligence”, working with the sponsor (investor) or the banks to review the ‘due diligence’ approach and provides certification for the results in all cases.

The company specializes in all transport, traffic related problems in metropolitan areas, cities, municipalities, and others, in relation to the traffic congestion, to the public transport, to the parking issues, the environmental impacts, the safety of vehicles and pedestrians, and many other related issues.

Impetus has been involved in many projects, through its specific department, in relation to the PPP – Public Private Partnership, translated into concession projects.
Modeling techniques, working with state-of-the-art hardware and software, updated every year, has provided Impetus a competitive edge in the European market. Software such as TRANSCAD v4.8 (large scale modeling), TSIS v5.0 (simulation techniques in smaller scale), Transyt 7F, HCS 2000 (latest edition), HCM Cinema, HUTSIM (Helsinki University traffic SIMulator) and others constitute an antagonistic environment for our clients (private and public).



Banks due diligence

IMPETUS has been working since 1993-1994 with either the sponsor (concessionaire) or the banks that provide to the sponsor their financial support. Therefore, IMPETUS is well known to the various banks in Europe, where it was very much appreciated when IMPETUS stood up (against most of the consultants involved in the traffic forecasting and toll policies of Attiki Odos and sometimes the Greek Ministry of Public Works – YPEXODE), with a specific approach on toll policy and forecasted traffic levels. IMPETUS, as the main traffic consultant of “Attiki Odos, SA”, has forecasted more than 250.000 vehicles per day-vpd (in certain scenarios this number was overcoming the 300.000 vpd), and the financial model of the banks has constituted 160.000 vpd for 22 years of concession. Finally, after the opening of the road and the finalization of the ramp up period, the traffic volumes in the Attiki Odos roadway was extremely close (if not the same) to the numbers of IMPETUS, which is extremely unusual for this type of macro-modeling techniques available to the scientific community today. IMPETUS has been working (since 1981-1991 in USA and from 1991-today in Europe, USA, GCC countries, Balkan countries, Russia, etc), with the internationally state-of-the-art traffic models, i.e., TRANSCAD from Caliper, TSIS from FHWA, HCS 2000 from FHWA, Dynasmat-P and Dynamit beta version models which are tested with the support of FHWA and MIT (USA), etc. With these powerful tools, IMPETUS team has been able to analyze the dynamic conditions of a metropolitan area, such as Athens, Thessaloniki, Moscow, Abu Dhabi, Tirana, etc.

Of course, modeling on the highways, which the Greek Government is posting for concession, is much easier compared to the dynamic and stochastic processes and modeling needed for urban and sub-urban areas. The capabilities of IMPETUS range on all types and modes of transport, providing our services to the concessionaire (sponsor) and/or to the banks associated with the project.

Our traffic models and toll policy processes have been audited from various international organizations (i.e., Halcrow), and our company has been accepted from top rated international banks such as HSBC, Bank of Ireland, HVB, Bank National de Paris, Paribas, Eurobank, Alpha Bank, Bank of Piraeus, etc. This cooperation has been established in the last 17 years (since 1993), and it is still operating very successfully.