Balluff to launch HUF 2bln R&D investment project in Veszprém
This HUF 2.1 billion R&D investment to be carried out by Balluff Elektronika Kft. in Veszrpém will facilitate the dimension shift of the Hungarian economy, Hungary’s minister of foreign affairs and trade said at the announcement this week.
Foreign minister Péter Szijjártó (pictured in the centre) added that the investment will secure 900 positions and allow the company to hire an additional 30 highly-qualified engineers.
The government is providing a HUF 518 million non-refundable aid to support to German company’s project in Veszprém.