GZT-Geldzähltechnik

What GZT-Geldzähltechnik does

GZT-Geldzähltechnik GmbH is a privately held Austrian company specializing in cash processing and automation technology, headquartered in Langenlebarn with additional offices in Innsbruck, Klagenfurt, Graz, Salzburg, and Linz. The company manufactures and distributes hardware and software for banknote and coin counting, sorting, authentication, fitness testing (ECB-compliant), recycling, and secure storage, and operates a nationwide service network covering more than 10,000 deployed devices across banks, retail chains, and cash-in-transit (WTU) operators in Austria and selected CEE markets.

Its portfolio combines proprietary GZT-branded products — notably the FELIX Concept 8000 automatic cash safe, the CashBoy III dispensing unit, Multi-Box/Tresor safes, and the GZT-TP 202 / COM-J240 banding machines — with exclusive Austrian distribution rights for global cash-handling OEMs including GLORY (Cash Infinity CI-10/CI-5, USF-200EU, GFS-220, WR-series), SCAN COIN (CDS-820i/830i, DTC1/DTC9), and CIMA (SDM-500, TCR AST-7000/7016). GZT also develops and supplies EZB-compliance software, the OeNB-coordinated Machine-ID Plaquette system, and complementary solutions such as the VENDIX voucher system and OrgaControl children's entertainment terminals.

Revenue is generated through a mix of hardware sales, recurring multi-year full-service and maintenance contracts, installation/IMAC services, and project management/consulting. Go-to-market is direct B2B enterprise sales through regionally organized field teams, with international expansion handled via partner/distributor networks in the Czech Republic, Romania, Poland, and Slovenia. The company is privately owned and led by Managing Directors Ing. Josef Künzel and Ing. Martin Ruff, with no external institutional funding.

Name

GZT-Geldzähltechnik

Legal name

GZT-Geldzähltechnik Gesellschaft m.b.H.

Website

https://gzt.at

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

GZT-Geldzähltechnik is an Austrian B2B provider of cash processing and automation technology — including banknote/coin counting, sorting, recycling, and secure storage — serving all Austrian banks, retail chains, and value-transport operators through proprietary hardware and exclusive distribution of GLORY, SCAN COIN, and CIMA equipment.

Ownership category

akta.pro rank

Headquarters

HQ city

Langenlebarn

HQ country

Austria

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Hardware Sales (Cash Processing Equipment): GZT sells cash counting, sorting, recycling, and authentication equipment primarily sourced from world market leaders (GLORY, SCAN COIN, CIMA, etc.) as well as proprietary GZT-branded products including FELIX automatic cash safes, night safes, and banding machines. Equipment ranges from compact banknote counters to high-capacity cash center systems.
2. Service, Maintenance & Full-Service Contracts: GZT generates recurring revenue through maintenance contracts, full-service agreements, on-site hardware/software service, monitoring, remote support via helpdesk technicians, and scheduled periodic maintenance. The company services over 10,000 deployed devices across Austria.
3. Installation, Rollout & IMAC Services: GZT provides installation, commissioning, on-site training, rollouts, and IMAC (Installation, Movement, Add + Change) services in Austria and Slovenia, and via partner networks in other EU countries.
4. Project Management & Consulting: GZT provides hardware and software project planning, process innovation consulting, and middleware/database solution development for cash automation projects.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

GZT-Geldzähltechnik manufactures, distributes, and services cash processing equipment for banks, retailers, cash-in-transit companies, and casinos. The portfolio includes proprietary products (FELIX automatic cash safes, CashBoy III, GZT banding machines, GZT safes, GZT banknote counters) and distributed equipment from world market leaders (GLORY, SCAN COIN, CIMA). The company complements hardware sales with installation, maintenance contracts, project management, and process consulting across Austria and partner markets in CEE/EU.

Product overview

GZT-Geldzähltechnik offers a comprehensive portfolio of cash processing technology solutions organized into five main segments: Banks (including backoffice coin/banknote processing, teller area systems, automatic cash drawers with FELIX concept, and self-service solutions), Retail (POS cash recycling, backoffice systems, customer zone solutions), WTU/Kassenbüro (cash center automation with note/coin processing and projects), Casinos (cash, TiTo, and chip card operations), and Children's Terminals (OrgaControl brand interactive play systems). The product lineup includes counting/counting and sorting machines from GLORY, SCAN COIN, CIMA, and proprietary GZT brands; automatic cash drawers (FELIX Concept 8000, CIMA TCR series); deposit automata (CIMA SDM series, SCAN COIN CDS series); banknote and coin recyclers (GLORY Cash Infinity CI-10/CI-5/CI-Hybrid series); wrapping and strapping machines; safes (MULTI-Box, MULTI-Safe, Tag-Nachttresor); and retail accessories. Core differentiators include ECB-certified sensor technology, EZB compliance testing, and integration with world market leaders' equipment alongside proprietary GZT hardware and software development.

Differentiator

Problem solved

Functional benefit

Brands

• FELIX Concept: Automatic cash drawer system - GZT's flagship product line for automated cash management in banks
• FELIX AKT
• OrgaControl

Products and services

• GZT FELIX Concept 8000 Automatic Cash Safe (AKT)

Quantifiable outcome

• 58% market share in Automatic Cash Safes (AKT) in Austria (RBR 2013)
• +5 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature9 records

Partnerships

14 partnerships are on record, tiered core and minor.

• SCAN COIN Industries AB (Sweden)coreChannel Partner/ Reseller/ DistributorGZT is the Austrian distribution partner of SCAN COIN Industries AB (SE-213 75 Malmö, Sweden), a world market leader in coin processing equipment. GZT distributes SCAN COIN products including the CDS-820i and CDS 830i ARZ self-service coin deposit machines, DTC1 and DTC9 coin counting/sorting machines, and coin lifts (SC-93420, SC-93365).
• GLORY Global Solutions (Germany)coreChannel Partner/ Reseller/ DistributorGZT is the Austrian distribution partner of GLORY Global Solutions (D-60487 Frankfurt am Main, Germany). GZT distributes GLORY products including the USF-200EU and USF-300 banknote sorters, GFS-220 series, GFB-800 banknote counters, WR-500a and WR-90 coin packaging machines, SCW-21 coin processing systems, GND-700/GNH-700 banknote bundle counters, and Cash Infinity CI-10 and CI-5 cash recycling systems.
• CIMA S.p.A. (Italy)coreChannel Partner/ Reseller/ DistributorGZT is the Austrian distribution partner of CIMA S.p.A. (41037 Mirandola, Italy). GZT distributes CIMA products including the SDM-500S/SDM-500H large-volume deposit automates, SDM-504s banknote deposit/withdrawal recycling system, and TCR AST-7000 and AST-7016 automatic cashier safes.
• Banking Automation Ltd (UK)minorChannel Partner/ Reseller/ DistributorGZT is an Austrian distribution partner of Banking Automation Ltd (United Kingdom), distributing their cash processing equipment in Austria.
• GeWeTe GmbH & Co. KG (Germany)minorChannel Partner/ Reseller/ DistributorGZT is an Austrian distribution partner of GeWeTe GmbH & Co. KG (Zum Lindenbusch 5, D-53894 Mechernich, Germany), distributing their cash processing solutions in Austria.
• Volumatic Ltd (UK)minorChannel Partner/ Reseller/ DistributorGZT is an Austrian distribution partner of Volumatic Ltd (Taurus House, Endermere Road, Coventry CV6 5PY, UK), distributing their cash handling equipment in Austria.
• FestTech s.r.o. (Czech Republic)minorChannel Partner/ Reseller/ DistributorGZT's partner in the Czech Republic: FestTech s.r.o., Cukrovarská 98/55, 196 00 Praha 9. Distributes and supports GZT products and solutions in the Czech market.
• Printec Group RomaniaminorChannel Partner/ Reseller/ DistributorGZT's partner in Romania: Printec Group Romania, RO-Bucharest 1. Distributes and supports GZT products and solutions in the Romanian market.
• FHU Globe Sp. z o.o. (Poland)minorChannel Partner/ Reseller/ DistributorGZT's partner in Poland: FHU Globe Sp. z o.o., 05-500 Piaseczno. Distributes and supports GZT products and solutions in the Polish market.
• Aktiva varovanje d.d. (Slovenia)minorChannel Partner/ Reseller/ DistributorGZT's partner in Slovenia: Aktiva varovanje d.d., Kraljevica Marka ulica 5, 2000 Maribor. Distributes and supports GZT products and solutions in the Slovenian market.
• Biroform dns d.o.o. (Slovenia)minorChannel Partner/ Reseller/ DistributorGZT's partner in Slovenia: Biroform dns d.o.o., Motnica 11, 1236 Trzin. Distributes and supports GZT products and solutions in the Slovenian market.
• Handelsverband (Austrian Retail Association)minorGTM or Marketing PartnerGZT is a partner member of the Austrian Retail Association (Handelsverband), using the partnership for marketing positioning within the Austrian retail ecosystem.
• OrgaControl (Germany)minorChannel Partner/ Reseller/ DistributorGZT is a distributor of OrgaControl (Germany) children's entertainment terminals (SUMSI, SPAREFROH, My KidsCorner). Made in Germany with intuitive operation and pedagogically valuable games. GZT distributes these terminals to banks and retailers in the Austrian market.
• Österreichische Nationalbank (Austrian National Bank)minorStrategic or Co-development PartnerLeading cash automation product providers collaborated with the Austrian National Bank (OeNB) to develop the 'Maschinen-ID Plakette' (Machine ID Plaquette) system, enabling easy identification of device maintenance status and ECB test validity through QR codes. GZT was a key participant in this initiative.

Scale indicators10 records

Recent moves10 records

Expansion highlights5 records

Regional players

• Loomis AB: Swedish cash-in-transit and value transport operator with cash center automation expertise. Operates in Austria as a WTU customer of GZT while running proprietary automation at scale, creating a customer-adjacent peer relationship.

Broad incumbents

• GLORY Global Solutions: Global market leader in cash handling and branch automation equipment (USF, CI series). GZT is the Austrian distribution partner of GLORY, making them simultaneously a partner and a competitive incumbent for cash center equipment across Europe.
• Diebold Nixdorf: U.S.-headquartered provider of banking and retail technology including ATMs, cash recyclers, and POS systems. Competes with GZT in large bank automation RFPs in Austria and broader CEE, offering a broader portfolio that can substitute for GZT's offering.
• NCR Atleos: U.S.-based ATM and cash handling equipment provider. Competes in bank branch cash automation and self-service solutions across Europe, directly overlapping GZT's core banking customer segment.
• SCAN COIN Industries AB: Swedish manufacturer of coin and banknote processing equipment (CDS, DTC series). GZT is the Austrian distribution partner; competitors at the system level while cooperating on product distribution for self-service coin deposit.

Direct peers

• Banking Automation Ltd: UK-based manufacturer of cash handling and banking automation equipment. GZT is an Austrian distribution partner, making them both a channel partner and a peer in supplying bank back-office cash processing solutions.
• Volumatic Ltd: UK-based cash handling equipment specialist serving retailers and banks. GZT distributes Volumatic products in Austria, with overlapping product and market coverage in retail cash handling.
• Gunnebo AB: Swedish provider of secure cash management solutions including cash safes, deposit systems, and cash-in-transit integration. Direct competitor to GZT in European banking and retail cash handling installations.
• CIMA S.p.A. Italian manufacturer of automatic cash safes (TCR series) and deposit automates (SDM series). GZT distributes CIMA products in Austria, with direct overlap in cash centers and WTU use cases.
• GeWeTe GmbH & Co. KG: German manufacturer of cash handling equipment for gaming, banking, and retail. GZT distributes GeWeTe products in Austria, with parallel solutions in the cash center and casino segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GZT-Geldzähltechnik