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30 years of Eurowag: From Petroleum Trading to the Digital Future of European Trucking
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26.5.2026

30 years of Eurowag: From Petroleum Trading to the Digital Future of European Trucking

Prague, 26th May 2026 – Over the past 30 years, Eurowag has evolved alongside a commercial transport industry that has undergone major technological and operational change.. What began as a Czech company specializing in petroleum trading has evolved to become the operating system of small and medium enterprises representing 93% of the commercial road transport market (CRT) listed on the London Stock Exchange. Today, Eurowag offers a wide range of services through one digital platform, using AI and transport data gathered across its network to help commercial road transport companies manage costs and day-to-day operations more effectively.

30 years of Eurowag:  From Petroleum Trading to the Digital Future of European Trucking
  • Eurowag was founded in 1995 in Prague by Martin Vohánka as a small local enterprise, currently powered by ~2000 employees 
  • In 2021, the company was listed on the London Stock Exchange as one of just a few companies founded in the Czech Republic 
  • Currently, Eurowag provides its services to 321,500 trucks on European roads 
  • After three decades in the market, the company has begun offering comprehensive services through its integrated digital platform, Eurowag Office, which leverages unique proprietary data sets and AI. This year, most of Eurowag’s customers are expected to switch to this platform
  • Eurowag’s acceptance network includes more than 17,000 fuel stations, with more than 2,200 stations offering alternative fuels, and nearly 1,000,000 charging stations across 25 European countries

Eurowag was founded by Czech entrepreneur Martin Vohánka, who saw an opportunity in the highly fragmented and largely analog transport industry of the mid-1990s. At the time, drivers relied on paper maps, paid for fuel in cash, and communicated with dispatchers mainly by phone. As European transport infrastructure expanded, freight volumes grew, and toll systems became more widespread, the needs of carriers started changing rapidly. Over time, Eurowag evolved from a fuel-focused business into a broader partner meeting growing demands for cost and operational efficiency, regulatory compliance, and sustainability.

Digitalization brought a major turning point after 2015. Trucking started to be increasingly driven by data and interconnected systems. During this phase, Eurowag invested heavily in technology, expanding its services to include fleet management, and obtained licenses to provide payment and financial services.  This gradually transformed Eurowag from a single-service provider into a broader platform supporting both payments and day-to-day transport operations.

The next phase of transformation came after 2020, when Eurowag began building an integrated platform. Its listing on the London Stock Exchange and a series of strategic acquisitions in the fields of telematics, navigation, and fleet and transport management enabled the company to create a comprehensive ecosystem of services, including data analytics, and digital tools for cost and operational optimization.

A key aspect of the transformation of trucking is the emphasis on efficiency and sustainability. With growing pressure to reduce emissions and transition to low-emission transport, the company is developing solutions in the areas of alternative fuels, eMobility, and decarbonization services that help carriers gradually reduce their environmental footprint without the need for immediate major investments.

Eurowag’s story is also one of ambition. Martin Vohánka built a company from Czech roots that has stood its ground against international competition and confirmed its ability to succeed and grow in European markets. In 2025, the Eurowag Group delivered double-digit net revenue growth of 12.9% year-on-year, reaching €330.1 million, while the number of trucks actively using Eurowag services increased by 6.4%.

When we founded Eurowag, our primary goal was to simplify life for carriers. Today, we help them manage and support their businesses in an environment that is many times more complex than it was 30 years ago. But our ambition remains the same: to be a trusted partner that enables their growth,

says founder and CEO Martin Vohánka.

Looking ahead, Eurowag aims to strengthen its role as a digital partner for European carriers by continuing to build an integrated platform covering the full transport workflow, from load planning to payment processing.
Eurowag Office has the potential to become a leading platform for European transport companies as the industry undergoes major digital and decarbonization changes. Commercial road transport already represents around 5% of EU GDP, making efficiency, sustainability, and operational modernization increasingly important across the sector.

About Eurowag

Founded in 1995, Eurowag is a technology company focused on the European commercial road transport industry. The company provides integrated payments, mobility, and operational services designed to help transport businesses run more efficiently on the road and beyond. Through its digital platform and transport data ecosystem, Eurowag supports carriers as they navigate the industry’s ongoing digital and sustainability transformation.
Eurowag is listed on the London Stock Exchange (LSE: EWG) and is a constituent of the FTSE 250.
https://www.eurowag.com/ 

Key historical milestones

1995 W.A.G. Group was established as a petroleum product trader

2000 Launch of Eurowag payment services

2005 Opening of first Eurowag truck park in the Czech Republic

2006 Introduction of an electronic solution for toll payment

2007 International expansion of EW fuel acceptance network in Europe

2008 Opened first office in Slovakia, followed by offices in Poland, Hungary, and Romania

2013 Opening of Eurowag truck parks in Poland, followed by truck parks in Hungary

2014 Launch of tax refund services

2016 Launched open-loop CRT card and fleet management

2017 Acquisition of Princip

2018 Obtained Payment Institution Licence regulated by Czech National Bank

          Acquisition of Aldobec and Hi Software Development

          Obtained the licence of European Electronic Toll Service provider

2019 Introduced eMobility and alternative fuels

          Acquisition of ADS and Sygic

2020 Introduced EVA on-board unit

          Obtained electronic money institution license from Czech National Bank

2021 Introduced energy payments via mobile app

         Investment in Last Mile Solutions and Drivitty

         Acquisition of KomTes

         W.A.G payment solutions plc listed on the London Stock Exchange

2022 Acquisition of Webeye and agreement to acquire the remaining stake in Sygic

2023 Acquisition of Grupa Inelo

2024 Launched Eurowag Office at IAA Transportation in Hanover

2025 Eurowag Office rollout, first customers migrated onto the platform and special dividend paid to shareholders

Media Contact
Zuzana Kacanova, Eurowag
zuzana.kacanova@eurowag.com
+421 917 973 655