Internal restructuring
Kozep-Magyarorszag; Kozep-Magyarorszag; Budapest
Location of affected unit(s)
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62.09 - Other information technology and computer service activities

90 jobs
Number of planned job losses
Job loss
Announcement Date
8 March 2019
Employment effect (start)
8 March 2019
Foreseen end date
8 June 2019


The Hungarian navigation software company NNG announced to its employees that it will lay off 10% of its current 900 workers.

The management says the companys's market position is stable, yet a restructuring of the operation of the firm is necessary due to ongoing comprehensive and continuous transformation of the global auto industry. This reorganisation necessitates a workforce correction after the several hirings performed during the past couple of years of fast company expansion.

NNG is one of the domestic-owned successful startups in Hungary that has managed to evolve into a sizeable company by 2019. It develops software mainly for automotive manufacturers, most importantly on-board navigation systems. One of NNG’s successes is that it supplied three new Ford models with navigation systems in 2016. The company has affiliates in several countries, including in China, and has acquired firms in the US and Israel.



Eurofound (2019), NNG Szoftverfejlesztő és Kereskedelmi, Internal restructuring in Hungary, factsheet number 97413, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97413.