€111 million superlaser project approved

Recycling

€111 million investment for the construction of a superlaser center in Szeged was approved by the European Commission (EC) on Thursday. The grant is issued from the European Regional Development Fund (ERDF).

The center is the third part of the "Extreme Light Infrastructure"(ELI) pan-European Laser research hub. According to the EC, the investment is going to provide major boost to the research capacity of Europe by attracting scientists to Hungary and creating valuable networks for Hungary within business and the scientific world. The commission also expressed that Hungary’s competitiveness will experience enhancement and will greatly contribute to Europe progress in meeting research and development targets.

Hungary jointly won funding in the European Union's Extreme Light Infrastructure (ELI) project with the Czech Republic and Romania. The laser project is hosted at the University of Szeged in Hungary. 

ADVERTISEMENT

MBH Bank Closes Acquisition of Duna Takarék Bank Banking

MBH Bank Closes Acquisition of Duna Takarék Bank

Orbán Augurs Economic Rebound From Q3 Government

Orbán Augurs Economic Rebound From Q3

Corvinus Uni, ExxonMobil Sign Cooperation Deal Deals

Corvinus Uni, ExxonMobil Sign Cooperation Deal

Budapest Muni Council Clears Rác Baths Renovation Tourism

Budapest Muni Council Clears Rác Baths Renovation

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.