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RT-RK (РТ-РК) is a Serbian R&D company and national research institute that delivers development services and own products in the arena of real time embedded systems, with focus on consumer electronics and automotive industry. Headquartered in Novi Sad, with offices in Belgrade, Banja Luka (Bosnia and Herzegovina) and Osijek (Croatia) with over 550 engineers, RT-RK is one of the biggest development houses in Southeast Europe. RT-RK is engaged in embedded system design, TV software development, automotive software development, Digital Signal Processing (DSP), UI/UX design, product development including small scale production, testing of Set-Top Box (STB) and multimedia devices, and FPGA rapid prototyping. TOC In 1991, a small group of professors and assistants working at University of Novi Sad Faculty of Technical Sciences, Chair for Computer Engineering, launched first projects for telephony and digital signaling protocols (SSNo7, ISDN on DSS1 D channel). Their interest for business further evolved to automation processes in Serbian oil industry, where they were involved in projects for gas pipeline management. Recognizing the benefits of the University environment, they started a company named FTN-IRAM-RT. Close cooperation of FTN-IRAM-RT with The University of Novi Sad attracted Micronas, a German company, to launch MicronasNIT within the same environment and with the same management. Having become a Micronas’ subsidiary, MicronasNIT entered the era of expansion in DSP, FPGA and Digital TV technology. In 2005, Serbia Investment and Export Promotion Agency (SIEPA) awarded MicronasNIT as the biggest exporter of the year in SME (Small and Medium Enterprises) category. New technologies, customer service, and world-wide market access brought new customers, emerging the need for a new business model to render the services. The new circumstances gave rise to foundation of a new company, RT-RK. In April 2009, RT-RK bought MicronasNIT, becoming the largest Serbian company for embedded system design.