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Bus company Nográd Volán, a member of the state-owned Volán group, is investing HUF 335 million in a passenger information system, CEO Lajos Bucsok said on Friday.
A European Union grant is covering HUF 318 million of the investment, Bucsok said.
The project is to be completed by April 2012. Swarco Traffic Hungária and Info Sys are the general contractors for the investment.