Govt Earmarks EUR 160 Million for Óbuda University Innovation Parks

MTI-Hungary Today 2022.03.26.

The government has allocated 57.5 billion forints (EUR 160m) to set up three science and innovation parks to be run by the University of Óbuda, Finance Minister Mihály Varga said on Friday.

Varga said work on the last of the three parks would start in Zsámbék, on the outskirts of the capital, within a month.

Mass Medical Ventilator Prototype Finished at Óbuda University

The development of a prototype mass medical ventilator has been completed at Óbuda University. The machine could potentially save the lives of many critically ill Covid patients. The university said in a statement on Friday that the mobile mass ventilator can also be used outside of a hospital setting and it can be adjusted to […]Continue reading

The park there will focus on cybersecurity, artificial intelligence, medical technology and robotics, he added.

The University of Óbuda is also setting up a mechatronics park in Székesfehérvár, in north-western Hungary, and a smart industry and defence sector park in Kaposvár, in the south-west.

Featured photo by Szilárd Koszticsák/MTI