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Schaeffler's Latest R&D Project Worth HUF 5.2 Billion

Dec 19, 2023

A leading supplier of electric drivetrains, Schaeffler has announced to launch a major R&D project in value of HUF 5.2 billion at its Szombathely site. The development that also creates 94 new jobs will help the German company solidify its market position. Schaeffler Group has been a pioneer of a series of inventions in the […]

New 5G-based Location Service by Ericsson Hungary

Nov 16, 2023

Ericsson Hungary Ltd. has developed a new 5G-based location service, the development has received more than HUF 497 million in funding from the National Research, Development and Innovation Fund (NFKI), the company told MTI. According to the information, the project aimed to develop new location services related to 5G and the Internet of Things (IoT). […]

Entrepreneurial Partnership Can Add to Business Success

Nov 15, 2023

According to research by K&H Bank, building partnerships with other companies can contribute to the success of businesses, and the bank would therefore encourage business partnerships to boost entrepreneurship and improve their prospects, K&H told MTI on Wednesday. According to their data, by September this year, the number of newly registered sole proprietorships had dropped […]

Corvinus and ExxonMobil Sign Strategic Agreement

Sep 28, 2023

The Corvinus University of Budapest and ExxonMobil (EM) Hungary Ltd. have signed a strategic agreement, the university told MTI on Thursday. The main goal of the cooperation between the university and the Hungarian subsidiary of the energy company is to strengthen the relationship between education, research and the business sector in the interest of mutual […]

Budapest University Cooperates with Japanese Company

Jun 29, 2023

The Eötvös Loránd University (ELTE) of Budapest and the Japanese instrument manufacturer JASCO Corporation have signed an agreement aimed at the development of the pharmaceutical industry, it was announced at the event of the University's Innovation Center's Territorial Innovation Platform (TIP) in the Hungarian capital on Thursday. Balázs Hankó, Minister of State for Innovation and […]

Self-Developed Disinfection Robot Presented

May 28, 2023

The prototype of B+N Referencia Plc's self-developed UV-C disinfection robot, which also uses artificial intelligence (AI), has been completed; after the necessary tests, production can start this year, and foreign companies are already interested in the development, the facility management and research and development company told MTI. According to the statement, the new robot can […]

Milk Protein Based Food Development with EU Support

May 19, 2023

Sole-Mizo Plc., Medifood Hungary Innovation Ltd. and the Hungarian University of Agriculture and Life Sciences have won a HUF 996.44 million non-refundable grant from the European Union for the development of milk protein-based food within the framework of the Széchenyi Plan Plus program, Sole-Mizo Plc. said in a statement. The consortium aims to develop a […]

New Regional R&Đ Center by Novartis

May 6, 2023

Swiss-owned pharma company Novartis expands its Hungarian presence by adding a regional R&D center. Apart from its core research functions, the facility will play a crucial role in coordinating related activities in several countries. Having a tradition of over 250 years, the establishment of Novartis’ Hungarian operation dates back to the early nineties. As part […]

Automotive Engineering Competence Center in Budapest

Mar 31, 2023

Bosch and the Budapest University of Technology and Economics (BME) Competence Center for Innovative Automotive Technologies was inaugurated this Wednesday in Budapest. The competence center will focus on the development of electric vehicle powertrains, with BME and Bosch experts working on the optimization of electric vehicles. In his speech, Deputy State Secretary for Innovation of […]

New Research Hub For AI-driven Cancer Diagnostics

Mar 25, 2023

A new Pathology Innovation Incubator center has been inaugurated in Budapest to launch a large-scale R&D project under the cooperation of 3DHISTECH Ltd., a Hungarian market leader in the field of digital pathology and Epredia, a member of the Japanese PHC Holding. The idea is to develop methods and equipment that are suited to diagnose […]

Quantum Computing National Laboratory Development

Mar 21, 2023

A consortium led by the ELKH Wigner Research Center for Physics (Wigner FK) has won a HUF 3.5 billion grant from the National Research, Development and Innovation Office (NKFIH) to develop the Quantum Informatics National Laboratory (KNL). According to a statement issued by the National Research Council on Monday, the key objectives of the project, […]

MSD Pharma Hungary Research Program with SZTE

Mar 5, 2023

MSD Pharma Hungary Ltd. is expanding its clinical research program, primarily for the treatment of cancer, in cooperation with the University of Szeged (SZTE), the public relations department of the higher education institution has informed MTI. According to the statement, the joint research and development activities of the Hungarian subsidiary of the pharmaceutical company and […]

Immunochemical Technology Developed by Anthelos Ltd.

Feb 11, 2023

Anthelos Ltd. has developed, with EU support, a new immunochemical technology, which helps to detect cancer and autoimmune diseases more precisely than before, in the framework of a project costing almost HUF 160 million. The company received a conditional non-reimbursable EU grant of HUF 111.46 million for the development. László Puskás, the head of the […]

Avidin Ltd. Develops Diagnostic Technology in Szeged

Feb 4, 2023

Avidin Ltd., based in Szeged, SE Hungary, has expanded its diagnostic range with high-sensitivity solutions based on fluorescence technology with an investment of over HUF 305 million, half of which is funding from the European Union. Founded in 2002, Avidin Ltd.'s main goal is to identify new small molecules that can be the starting points […]

Pécs University: Funding for Unique Tool, R&D Center

Feb 3, 2023

The University of Pécs (PTE) and the pharma firm Gedeon Richter Plc. (Richter) are creating an infrastructure and professional knowledge base worth more than HUF five billion in cooperation, which can be used in the fields of pharmaceutical research and agricultural science, among others, and is also suitable for the structural analysis of macromolecules, the […]

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