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More than 70 companies participated in the Hungarian-Korean Business Technology Forum - Press release
Hungarian-Korean Business Technology Forum
21 April 2015
Modified: 14 December 2017
Reading time: 5 minute(s)
07-04-2015 Budapest, A successful Hungarian-Korean business technology forum was organised by the Hungarian National Research, Development and Innovation Office, the Hungarian National Trading House, The Korea Institute for Advancement of Technology and the Korea Trade Investment Promotion Agency. The forum attracted the representatives of 20 Korean and 50 Hungarian enterprises. For them, the event provided an excellent opportunity for expanding the scope and potentialities of Hungarian-Korean R&D, innovation and business co-operation.

The event was opened by Mr. Péter Szijjártó Minister of Foreign Affairs and Trade, followed by the speeches of Mr. Tae-Hee WOO, Deputy Minister of the Korean Ministry of Trade, Industry and Energy, Mr. József Pálinkás, PhD, President of the National Research, Development and Innovation Office, Mrs. Zsanett Ducsai-Oláh, CEO of the Hungarian National Trading House and Mr. Jung Gwan Kim, Executive Vice Chairman of the Korea International (KITA) respectively.

The diplomatic and economic relations between Korea and Hungary have a history of 25 years and their joint activities in research, technology and trade are growing stronger. In the past few years, foreign investments coming from Korea reached 2 billion USD and Korean enterprises employ approximately 23 thousand people in Hungary. Mr. Szijjártó emphasized that today’s forum is a perfect opportunity for the participants to mutually share their experiences and to foster co-operation in technology, investment and trade.

In his speech, Mr. József Pálinkás, the President of the National Research, Development and Innovation Office, welcomed the fact that the co-operation is becoming more intensive between the Korean and Hungarian researchers, developers and innovators, as the Korean Republic started to establish its European foothold in Hungary in the domain of research with the creation of a Korean-Hungarian research laboratory. The National Research, Development and Innovation Office intends to facilitate the process of setting up co-operations between each link of the innovation value chain through value-generating development and innovation programmes. To ensure success, the office will launch a bilateral call that funds research exchange between the two countries. EUREKA and EUROSTARS programmes – this year co-financed by Hungarian programmes coordinated by the office – also provide excellent opportunities to enhance Korean-Hungarian co-operations, and to launch joint innovation projects – stated Mr. József Pálinkás in his opening remarks.

A good example of the earlier established fruitful collaboration is the success of a Hungarian start-up enterprise, Optoforce Ltd. in the Korean Republic. The main profile of the enterprise is the research and development of optical force sensors; the company delivers precision sensors to numerous South-Korean institutions. Optoforce Ltd. currently intends to deliver the manufactured sensors to one of the largest South-Korean electronic concerns; these devices will be built-in in next-generation industrial robots.

Del-koreai üzleti fórum
Dongwan Park (KIAT), Tae-Hee Woo (Deputy Minister of the Korean Ministry of Trade, Industry and Energy), Zsanett Ducsai-Oláh (MNKH), Péter Szijjártó (Minister of Foreign Affairs and Trade), Dr. József Pálinkás (NKFIH), Jung Gwan Kim (KITA)

Dél-koreai üzleti fórum
Dongwan Park (KIAT), Tae-Hee Woo (Deputy Minister of the Korean Ministry of Trade, Industry and Energy), Zsanett Ducsai-Oláh (MNKH), Péter Szijjártó (Minister of Foreign Affairs and Trade), Dr. József Pálinkás (NKFIH), Jung Gwan Kim (KITA)

Szijjártó Péter, külgazdasági és külügyminiszter
Péter Szijjártó, Minister of Foreign Affairs and Trade


Tae-Hee WOO, a Kereskedelmi, Ipar- és Energiaügyi Minisztérium miniszterhelyettese
Tae-Hee Woo, Deputy Minister of the Korean Ministry of Trade, Industry and Energy

Dr. Pálinkás József, a Nemzeti Kutatási, Fejlesztési, Innovációs Hivatal elnöke
Dr. József Pálinkás, president of National Research, Development and  Innovation Office

Szijjártó Péter, külgazdasági és külügyminiszter
Péter Szijjártó, Minister of Foreign Affairs and Trade

Photo: Márton Kovács KKM

Updated: 14 December 2017
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