Óbuda Uni Planning Technology and Innovation Park

Innovation

Óbuda University is planning a Smart Industry Technology and Innovation Park in Kaposvár (185 km southwest of Budapest) jointly with the local municipality, Minister of Finance Mihály Varga said on Friday, according to the conservative daily newspaper Magyar Nemzet.

The university has plans to establish three science and innovation parks in Zsambék (30 km northwest of Budapest), Székesfehérvár (65 km southwest) and Kaposvár, the university's rector, Levente Kovács, said.

The HUF 17 billion investment in Kaposvár will have a smart industry profile, with research and development conducted in the environmental, green and defense industries.

The six-hectare park will have five buildings.

The German defense industry company DND will be the park's first investor.

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