The German multinational engineering and electronics company Bosch expands its Budapest Engineering Center with an EUR 120 million investment. In the new building complex , Hungarian engineers will develop Bosch's self-driving systems.

Taiwan-based Giant Group is going to establish its second European manufacturing and logistics unit in Gyöngyös, east of Budapest. Worth almost EUR 48 million, the investment, which is to be realized in three phases, shall occupy 228,000 square meters.

The Business Council for Sustainable Development in Hungary has announced the ‘For a Sustainable Future’ prize in 2018, with the purpose of recognizing the achievements of leaders and companies on advancing Sustainable Development Goals.

The European Space Agency (ESA) in cooperation with the Hungarian Academy of Sciences (MTA) has opened a business incubation center in Budapest. It is to fund startups using space technology solutions in products and services developed for everyday life.

One day before the scheduled deadline, Runway 1 of Liszt Ferenc International Airport was re-opened for traffic. The handover of the runway was made urgent by the need to meet the demand of increased summer traffic more safely and more comfortably.

The Hungarian currency, the forint began Wednesday trading at 326 units to one euro. Then, a morning waning wave had flown it to 327.3, before another fall early evening resulted in the common European currency being worth HUF 328 – an all-time low.

In the framework of a development project of EUR 6.3 million, a brand new, modern building complex of over 2,000 square meters is to be built in Pécs, for Soft Flow Hungary, owned to the Danish company of FOSS, will create more than 90 new jobs.

The new ambassador of the United States of America presented his letter of credentials to Hungarian President János Áder in the Sándor Palace in Budapest this Monday. The previous US ambassador, Colleen Bell left her post in January 2017.

Sopron Brewery has announced a contest in which it is seeking the best home brewer and the most sophisticated beer experts. The company would like to find the Hungary's best porter and those judges who represent consumers in the jury.

SRF Limited, a chemical based multi-business Indian conglomerate, SRF is going to establish in Jászfényszaru, SE of Budapest, a benchmark plant which is going to be the most advanced site of the corporation, so far.

The Infineon Technologies Group’s new main building in Cegléd, SE of Budapest, has been inaugurated. The Hungarian government contributed to the investment with HUF 1.2 billion (EUR 3.7 million) in nonreturnable funding.

The trade development and investment promotion agency PRO ECUADOR has opened a representative office in Budapest with the aim of promoting Ecuadorian exportable supply and investment climate on the Hungarian other Central Europe markets.

Qatar Airways has announced that it will increase frequency to Budapest by adding four additional flights, commencing on August 2. This will take the airline’s 14 weekly service to Hungary to 18, to satisfy demand by tourists transit travellers flying via Doha to Asia.

The Ganga-Danube Indian Cultural Festival, combined with the International Day of Yoga, takes place this year in Hungary on June 23-24. Diplomacy&Trade has talked to Indian Ambassador Rahul Chhabra as well as a yoga teacher from India, Ankita Sood.

Due to favorable consumer feedback, HEINEKEN Hungária decided to continue its campaign promoting plastic-free glassware launched in May. 93% of Hungarians prefer plastic degradable packaging, willing to pay more for environmentally friendly solutions.