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R&D

The main entrance of the pharmaceutical company Richter Gedeon Nyrt and the service bridge spanning over the road in Budapest on 12 March 2023.

Hungarian Richter Increases R&D Budget by Nearly 30 Million Euros in 2024

Hungarian pharmaceutical corporation Richter Gedeon Nyrt is strengthening its scientific foundation to achieve further international success in its most profitable and fastest-growing focus area, neuropsychiatry….

Foundation Stone of Rheinmetall’s New Factory Laid in Szeged

Head of Rheinmetall Power Systems division Christoph Müller noted at the ceremony that Szeged will be the group’s first hybrid site, where the civil business and defence technology activities will operate under one roof. The initial step will be the…
Péter Szijjártó (L) and Michael Suffredini.

Hungary Finalizes Return to Human Spaceflight with Axiom Space Contract

The ambitious space expedition will involve a Hungarian astronaut as part of a four-member international team, representing a collaborative effort between Hungary and its international partners. As per the contract with Axiom Space, the launch window is scheduled from October…

Hungary’s Space Strategy: The Country’s First Official Long-Term Plan to Utilise the Potential of Space

The swift growth of the space industry has already begun to impact smaller nations like Hungary, making it necessary for them to address the challenge effectively. In response to the industry’s rapid rise, the government released the country’s first space…

Hungary Strengthens Its Economy with Defence Industry Investments

‘Big companies are coming to Hungary with R&D budgets that are significant in themselves. Rheinmetall, for one, is the twenty-fourth largest company in the world’, Hungarian Ministerial Commissioner Imre Porkoláb underlined in a recent interview….
Engineering items at the Gyál public water works facility that was modernised with innovative Hungarian technology inaugurated on 22 June 2023.

Hungary in a Higher League — Observations on the Performance of the CEE Region According to the 2023 European Innovation Scoreboard

Given the country profile of Hungary, it is a refreshing achievement that it has moved up a league to Moderate Innovators, even though its performance is 70.4 per cent of the EU average, below the category average, and its performance…

Rolls-Royce to Invest in Future-Oriented Development in Hungary

During the announcement of Rolls-Royce’s new research and development investment, the minister highlighted that the company will design the tools necessary for the transportation of the future in its Budapest centre, including components for hybrid and electric aircraft and systems…

Rheinmetall Central European Leader: The Long-term Strategic Visions of Hungary and Rheinmetall Are Almost Identical

Rheinmetall is one of the few companies of its type with a proven track record of successful localisation projects. But that is only part of the story. Equally important was the trust that was built between the German corporation and…

Novartis to set up Regional Research and Development Base in Budapest

Péter Szijjártó welcomed Novartis’ announcement that the Swiss pharmaceutical company is establishing a new regional research and development centre in Budapest, from where it will coordinate its research projects in Southern Europe and Africa….

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