Are you sure?

Investors lay cornerstone for Ft 2-bln R&D center in Budapest

Hungary's R&D Minister Károly Molnár and Indian ambassador to Hungary Ranjit Rae laid the cornerstone of a more than Ft 2 billion (€7.72 million) R&D center in Budapest on Wednesday.

EL-TECH Center, which is being set up by a consortium of four companies, will host 8-10 technology companies and provide work for about 300 people, said Károly Kazi, managing director of BHE Bonn Hungary, a member of the consortium that operates in partnership with an Indian company. (MTI – Econews)