REHAU, the world's market leader automotive polymer supplier is building a new manufacturing plant in Hungary. Provider of polymer-based solutions, REHAU will manufacture lacquered external components in the new plant for the automotive industry.

The HB Reavis real estate development group's Agora Park and Showroom was named ‘Best Community Place of the Year 2017’ among 35 entries while the Agora Budapest project was voted as ‘Best Planned Commercial Real Estate Project of the Year 2017’.

Hungarian and American software engineers of GE Healthcare developed the analytic management system of the Olympic Winter Games.It allows doctors and healthcare professionals get real-time data on the health status, injuries and possible illness of athletes.

The Turkish company Metyx, engaged in the manufacture of glass and carbon fiber raw materials – and composite products made of them –, will double the number of its employees, creating high added value jobs, as well in the Somogy County town.

FOSS quadruplicates their number of employees in Hungary by adding 100 new, high value-added R&D jobs to the existing 30 positions. Moreover, Soft Flow, the subsidiary of the Danish biotechnology company is building a complex, Scandinavian-style office.

The Hungarian Wine Academy has awarded the Wine Producer of the Year for the 27th time. This time, the recognition went to an internationally known winemaker, Mátyás Szõke whose winery is in the Mátra hill region, east of Budapest.

From May this year, LOT Polish Airlines is going to operate regular flights between Budapest and the southern Polish city of Kraków six times a week. Prior to that, from April 28, the airline will operate on that route five flights per week.

Budapest Airport opened a new VIP service which offers exclusivity, relaxation, comfort and personal touch – everything for those passengers with premier travel standards in mind and those wanting a little more style and luxury.

Qatar Airways has announced that in February it will be the first airline to ever fly the Boeing 787 Dreamliner to Budapest. For two days, February 25 and 28, it will upgrade its service to a Boeing 787 Dreamliner due to increased passenger demand.

Continental Automotive Kft., a subsidiary of Germany’s Continental AG, will open an artificial intelligence competence center in Budapest in May, with the Hungarian government providing a quarter of the HUF 5.5 billion (EUR 17.7 mn) investment cost.

As a result of a comprehensive EUR 20 million development project, ContiTech Magyarország, belonging to the Continental Group, has expanded production in Nyíregyháza, NE Hungary, the Hungarian Investment Promotion Agency reports.

The German-owned B. Braun Medical, Ltd. has begun capacity expansion in Gyöngyös, NE Hungary. 407 new jobs will be created by the EUR 100 million investment in collaboration with the Hungarian Investment Promotion Agency (HIPA).

The ADA Group is expanding its furniture manufacturing capacities in Western Hungary under a project that also includes technological developments and the construction of hall buildings in order to meet meet continuously increasing demand.

In November 2017, the number of nights spent by international tourists increased by 8.7% and that of nights spent by domestic tourists by 5.6% compared to the level a year earlier. Total gross revenues grew by 16% at current prices.

Erste’s real estate fund 'Erste Ingatlan Alap' has acquired the Market Central Ferihegy retail park together with the adjacent Quadrum office complex from AIG/Lincoln, eurobuildcee.com reports. This is the largest retail park in the country.