ADVERTISEMENT

Corvinus University, BlackRock innovation center form partnership

Initiatives

Corvinus University of Budapest signed a cooperation agreement with the Budapest innovation and technology center of U.S.-based fund manager BlackRock in Budapest on Thursday, according to a report by state news agency MTI.

The agreement was signed by BlackRock Hungary Managing Director Melanie Seymour and Corvinus Rector András Lánczi. 

Lánczi said the agreement was "one of a kind" and would involve working with the fund manager mainly in the areas of education and research. He added that the signing of the agreement is just the beginning of a cooperation that is not primarily about money.

László György, state secretary at the Ministry for Innovation and Technology, said the agreement is a symbol of the "change of system" at Hungarian institutions of higher education, which he remarked has come "30 years late."

On Monday, government plans were announced to establish a foundation, holding 10% stakes in oil and gas company MOL and drugmaker Richter contributed by the state, to fund Corvinus University.

ADVERTISEMENT

Regional income disparities remain pronounced Analysis

Regional income disparities remain pronounced

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.