Tag: innovation

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Hungarian start-up in Top3 of major CEE energy competition

May 24, 2019, 10:58 am
The results from the fifth edition of InnoEnergy’s PowerUp! competition - which saw participation from over 300 start-ups from 24 countries across Central and Eastern Europe - have now been announced.... 

EU Council defines key objectives for future research programme

April 15, 2019, 4:08 pm
The Council of the European Union has on Monday agreed on key parts of the EU’s framework programme for research and innovation for the years 2021 to 2027. Key decisions on Horizon Europe The... 

Digitalisation: Hungary stands out in Central and Eastern Europe

February 12, 2019, 9:34 am
For most companies in Central and Eastern Europe, Digital Transformation spells growth, but Hungarian firms are even more optimistic than the average. According to two surveys conducted for Microsoft by... 

OTP chief Csányi hopes branches will become paperless and cashless soon

November 20, 2018, 1:34 pm
Hungary’s OTP Bank has opened an innovation branch in Budapest’s Árkád shopping mall where customers can experience first hand the technological novelties of the country’s largest bank... 

Hungary aims for "smart reduction" of utility tariffs - innovation minister

September 7, 2018, 6:45 pm
Regardless of the fact that small and medium-sized enterprises generate half of Hungary’s GDP, they are characterised by weak research and development activity and underdeveloped digitalisation... 

European Commission presents new R&D agenda for summit

May 15, 2018, 5:07 pm
The European Commission has on Tuesday presented its contribution to the informal discussion that Heads of State and Government will hold in Sofia on 16 May 2018 on research and innovation and the steps... 

Richter drug wins 2017 Innovation Grand Prize in Hungary

March 28, 2018, 4:05 pm
The Hungarian Innovation Foundation has awarded Gedeon Richter Plc the Innovation Grand Prize for its tender proposal entitled “Cariprazine (Vraylar/Reagila), a new original Hungarian drug on the... 

Commission to invest huge sums into innovation between 2018 and 2020

October 27, 2017, 2:02 pm
The European Commission has announced on Friday how it will spend 30 billion euros of the EU research and innovation funding programme Horizon 2020 during 2018-2020, including EUR 2.7 billion to kick-start... 

Hungary EcoMin Varga announces new tax credit

October 25, 2017, 9:13 am
Businesses carrying out developments in the Central Hungarian region may apply for tax credit if Parliament adopts a bill submitted jointly by Economy Minister Mihály Varga and Bence Tuzson, state secretary... 

Three more Hungarian success stories discovered

October 19, 2017, 3:36 pm
119 small and medium-sized enterprises (SMEs) from 24 countries have been selected for funding in the latest round of the Horizon 2020 SME Instrument, for which the European Commission has earmarked 5.9... 

You want to be a powerful player in Europe? You should invest in this!

April 13, 2017, 3:00 pm
The only way for Europe to compete in the world is via increasing investment in science and innovation. Therefore, if a country aims to become a powerful player also on a European level, it needs to spend... 

Hungary jumps three spots in Bloomberg Innovation Index

January 17, 2017, 10:18 am
Nordic countries must be doing something right: Sweden, Finland and Denmark all advanced to higher rankings in the 2017 Bloomberg Innovation Index, which scores economies using factors including research... 

Magyar Suzuki launches HUF 5.3 bln R&D project

December 23, 2016, 5:03 pm
Magyar Suzuki Zrt., the local unit of Japanese carmaker Suzuki, has launched a HUF 5.3 billion R&D project in its Esztergom base, the company told news agency MTI. The four-year project will entail upgrading... 

Hungary advances in Global Innovation Index 2016

August 17, 2016, 4:30 pm
Hungary ranks 33rd in the Global Innovation Index (GII) 2016, having advanced two places compared to the 2015 GII, a report by the World Intellectual Property Organisation, a specialised agency of the... 

Hungary EcoMin Varga offers glimpse into future policy

May 20, 2014, 2:55 pm
Although Hungary’s new government will be set up on 6 June, officials of the ruling Fidesz party have been dropping bombs of promises as to what we should be expecting in the following four years.... 

Hungary shows "moderate" performance in EU innovation indicator

September 13, 2013, 3:34 pm
The European Commission has proposed a new indicator that measures innovation across the EU, i.e. the extent to which ideas from innovative sectors are able to reach the market, the EC has announced on... 

Hungary MOL wins HUF 340 m grant for R&D&I project

April 17, 2013, 9:24 am
Hungarian oil and gas group MOL has won an over 340 million (EUR 1.15 m) forint non-refundable grant for its Research & Development & Innovation umbrella project. The R&D&I project enjoys the support of... 
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