Names of beneficiaries: Sagemcom Magyarország Elektronikai Kft., FrontEndART Software Ltd., University of Pannonia, University of Szeged, Yazoo-Systems Trading and Service Ltd.
Contracted support amount: HUF 1,611,316,058
Amount of support awarded to FrontEndART Software Ltd.: HUF 98,455,190
Support rate (%): 67.74%
Project description:
As part of the Széchenyi 2020 program, this R&D project with a total cost of HUF 2.481 billion aims to develop tools for energy management that allow for precise forecasting of production and consumption, as well as the flexible adaptation of energy production and distribution. These advancements will improve measurement and distribution efficiency within urban infrastructure and enhance energy supply for communities with limited access to electricity. The project is being carried out by Sagemcom Magyarország Kft., the University of Szeged, the University of Pannonia, Yazoo-Systems Ltd., and FrontEndART Software Ltd., with support from the Ministry of National Economy. It is funded through a grant awarded under the "R&D Competitiveness and Excellence Cooperations" call, utilizing HUF 1.634 billion of non-refundable support from the ERDF Fund and central government budget allocation.
Project start date: 2017.10.01
Planned project physical completion date: 2022.09.30
Project ID: GINOP-2.21-15-2017-00038