The 2020 Hungarian Innovation Grand Prix and were presented innovation awards on Wednesday at the Ministry of Innovation and Technology (ITM). Gedeon Richter Plc.
The recognition was received by CEO Gábor Orbán from Tamás Schanda, Parliamentary and Strategic State Secretary of the Ministry. The deputy minister stressed at the ceremony, according to the telegraph office, that the right answer to the challenges lies in continuous innovation. “A stable economic background, a sovereign national policy, cooperation and a patriotic economy have proven to be important in a serious situation caused by the epidemic,” he said.
Regarding the Hungarian Innovation Grand Prix, Tamás Schanda recalled that after the change of regime, it was founded by the Hungarian Innovation Association in 1991 to recognize companies that had made significant innovations in the year before the award ceremony and thus achieved outstanding business benefits. Péter Závodszky, President of the Hungarian Innovation Foundation, who announced the tender, pointed out that innovation contributes to the country’s competitiveness.
Additive Manufacturing Technologies Hungary Kft. Received the ITM Industrial Innovation Award for the development and production of automatic surface treatment equipment. Last year, more than fifty machines were manufactured and sold, which generated more than 1.5 billion forints in revenue.
Teqball Kft. Won the Industrial Innovation Award of the National Office for Research, Development and Innovation for the Teq Lite table, suitable for mass production, from Teq Lite, of which it produced more than six thousand in 2020, which generated HUF 1.1 billion in revenue, half of the total revenue. .
The Startup Innovation Award of the Hungarian Innovation Association was received by Femmetex Hungary Kft. For this is Redy intimate lingerie. Their product innovation offers a whole new, eco-friendly alternative for women. Last year, the startup achieved more than one hundred million forints in revenue.
Source: Magyar Nemzet by magyarnemzet.hu.
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