Hungary’s NNG Developing Hybrid Nav System In HUF 2 Bn Project
- 27 Nov 2018 8:34 AM
- Hungary Matters
Hungary’s NNG is developing hybrid navigation software in a 2 billion forint project supported with almost 1 billion from the National Research, Development and Innovation Fund.
The project has created 60 jobs for software developers. The software, which has both online and offline elements, is Navigation Data Standard (NDS) compliant.
More than 30 million vehicles around the world use NNG navigation. Last year, the company had after-tax profit of 12.4 billion forints (EUR 38.5m) on revenue of 36.4 billion forints.
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