The consortium of Neocons Zrt. and CodeYard Kft. is developing business and production support software supported by artificial intelligence

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According to the announcement, the project is being implemented within the framework of the Széchenyi Terv Plusz program, for which they received a non-refundable grant of HUF 247.55 million from the European Union and the Hungarian state. The goal of the development is to create an innovation-based, artificial intelligence-supported business planning and production support system that provides digital solutions for feed production, animal husbandry and agro-logistics players – they announced. They wrote that as a result of the project, the consortium will create a data-based decision-support software that helps to establish the foundation of planning processes and organize production operations more effectively.

According to the information, the planned completion of the investment is January 31, 2028.

Neocons Zrt. was founded in 2011, its main activity is the distribution of supplementary feeds and raw materials for livestock farms and feed mixers, as well as the service of livestock farms with modern solutions – the company’s website states. According to publicly available company data, Neocons Zrt.’s net sales revenue in 2024 was 3.85 billion forints, compared to 1.28 billion forints a year earlier. The company closed with a profit of 26.3 million forints in 2024, and its after-tax profit in 2023 was 14.7 million forints. According to its website, CodeYard Kft. was founded in 2014, and its main profile is computer programming. The company deals with the development of mobile and web applications. CodeYard Kft.’s sales revenue in 2024 was 256.5 million forints, compared to 255.3 million forints a year earlier. The company closed with a profit of 5 million forints in 2024 and 16.5 million forints in 2023.

MTI