The road to innovation leads to Pécs
The fusion of Soft Flow Hungary Ltd. member of Chamber of Commerce and Industry of Pécs-Baranya and FOSS, a Danish biotechnology firm resulted in a new investment, when the Danish firm laid the cornerstone of a HUF 2 billion R&D center in Pécs (SW Hungary).
Foss was founded in 1956, and today it also carries out development and production activities both in China and Hungary. Foss is to carry out the new investment through Soft Flow Hungary Ltd., a local biotechnology company it took over two years ago.
The investment is supported with a HUF 773 million government grant and initially create 88 jobs, requiring “the most sophisticated technological skills,” said Minister of Foreign Affairs and Trade Péter Szijjártó said at the groundbreaking ceremony.
The cooperation between Foss and the local authorities will facilitate the Danish company a suitable supply of highly-trained employees and establish further collaboration.