Japanese-owned DMG MORI and the German HEITEC software development companies are setting up a research centre in Budapest, creating 55 high value-added jobs in the process, Péter Szijjártó, the minister of foreign affairs and trade, said on Wednesday.
The 4 billion forint investment (EUR 11.4m) will be supported with a one billion forint government grant, Szijjártó said.
The software developed in the centre will help digitalise machine manufacturing, Szijjártó added.
The minister noted that Hungary allocated a record 182 billion forints to research, development and innovation in 2021.
“Sites developing technological solutions for a new era will draw economic and production capacities. Growing research and development investments will definitely draw new investment to the country,” Szijjártó said.
Read alsoUniversity, research institutes merge as University of Agriculture and Life Sciences
please make a donation here