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research and development

Government Triples R&D Funding, Attracts Researchers with Nobelist-Led Programme

The Hungarian government has tripled research and development funding over the past decade, while launching programmes like the John von Neumann Programme and the Bring the Champions Home initiative to strengthen innovation and attract top researchers back to Hungary, State…

Schaeffler Savaria Ltd Expands Szombathely Site with Major Investment

Schaeffler Savaria Ltd, a manufacturer of automotive components, has expanded its site in Szombathely with a logistics hall covering an area of ​​6,200 square metres and an office building of 2,200 square metres. The new facility includes meeting rooms, changing…

Péter Szijjártó Shares Insights about Hungary’s Strategic Partnership with China in Radio Interview

The Minister of Foreign Affairs and Trade described the Chinese President’s three-day visit with a 400-member delegation as historically significant. He explained that it has been twenty years since a Chinese President last visited Hungary; moreover, this year marks the…
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….

Bosch’s Ambitious Plan to Utilise Artificial Intelligence in Every Process

AI-based developments are a focal area of the Hungarian branch of the Bosch Group. The company employs this technology in various areas at its Hungarian sites, playing a significant role in manufacturing processes, whether it is data analysis for production…

Defence Minister: Hungary is a Committed Member of NATO

Hungary believes that the problems should be solved not at Europe’s borders but at their places of origin, Kristóf Szalay-Bobrovniczky said. He emphasised that under the changed circumstances, the development of the Hungarian armed forces is progressing dynamically, confidently, 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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