The full digital map of Denmark is now available for commercial use. This is the company's next step on the road to full coverage of Western Europe.
Denmark is the seventh Western European country for which the independent mapmaker has developed a navigation map. The map contains 140,000 kilometers of roads and almost 7,000 cities and villages of the Scandinavian country.
AND is accelerating its investments to fully map Western Europe. The company is able to do that because of an important agreement made earlier this year with a large American online company, for the use of AND's maps of Western Europe.
Chief Executive Officer Maarten Oldenhof says: "The finalization of the digital map for Denmark proves that AND is committed to develop new maps. Our course is clear. We want to expand our portfolio and we are willing and able to invest in product development. Large clients support this strategy and have therefore chosen to work with us. I believe this proves that our independent position works out successfully."
AND Automotive Navigation Data is the third largest supplier in its market, but the only independent one. Strengthened by its success to date, the company will continue to focus on creating long-term value for shareholders by providing digital maps for location-based services. The company focuses on accelerating further development of its advanced database to position itself even stronger in the market. The required investments can be financed entirely from the company's own capital.
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