Richter Gedeon Nyrt, one of Hungary's leading pharmaceutical companies, spent more than Ft 12.1 billion, or 10%c of its annual revenue, in 2005 on R+D, putting it at the top of Figyelő's Top200 list of companies based on R+D spending. Richter was not only on the top of the list for Hungary, it also spent the most on R+D compared to any other country in the new EU members. In comparison with companies in all EU members, Richter was in 231st place. Richter employs more than 700 people in R+D, and it has joint R+D programs with 31 of Hungary's leading universities and research institutions. Richter has filed for 1,150 patents in Hungary and a further 10,000 in foreign countries. (Mti-Eco)
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.