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Fleet management service provider Secret Control revenue rises over HUF 1.2 bln

Hungarian-owned GPS-based fleet management service provider Secret Control has already generated more revenue this year than the HUF 1.2 billion it booked for the full year in 2008, the company told MTI.

Secret Control has sold 4,500 units so far this year, up 27% from the same period a year earlier.

GPS-based fleet management systems are used in 40,000, or 5%, of the 800,000 corporate vehicles in Hungary, according to estimates. The percentage in Western Europe is about 25%.

 Secret Control has about 40pc of the market for GPS-based fleet management services. (MTI – Econews)