Productivity Expected to Surge Significantly Due to Evosoft Hungary’s new R&D Project
2024. 05. 06.
German-owned evosoft Hungary Kft. invests EUR 8.4 million to implement a large-scale research and development project aimed at improving the company’s newest generation of propulsion product family. The investment will create 75 new jobs.
Evosoft Hungary Kft., a member of Siemens Advanta, has been the leading software developer in Hungary for years, and it plays a crucial role in Germany-bound software export.
The company now announced a large-scale R&D investment in value of EUR 8.4 million that is related to the newest generation of propulsion product family which allows virtual installation before the actual physical works launch. With the help of this innovative solution different production units can be put into operation in a prompt and cost-effective manner, and the manufacturing process can become more productive.
The project creates 75 new jobs in two locations, namely Budapest and Miskolc. Evosoft Hungary received the Award for Innovative Product Investment for the project at the HIPA Investors of the Year Awards earlier this year.
Photo courtesy: MTI/Zoltán Balogh
