Traffic at Budapest’s Liszt Ferenc International Airport in 2017 grew at an unprecedented pace: 13.1 million passengers used the airport last year, and the volume of air cargo also broke the record with more than 127.000 tons in total.

Japan's GS Yuasa Corporation, which is listed on the Tokyo Stock Exchange, has announced to establish a manufacturing subsidiary company, GS Yuasa Hungary Ltd. in Hungary and to construct a new plant for lithium-ion batteries.

Wizz Air, the largest low-cost airline in Central and Eastern Europe, and one of Europe’s fastest growing airlines, has announced that it would add Austria as the 44th country in its network, by establishing base operations at Vienna Airport.

The starter motor and generator division of the Bosch Group has completed its transition to an independent company: it will operate in Hungary under the name of Starters E-Components Generators Automotive Hungary, effective immediately.

Hungary’s first airport hotel with direct terminal connection opened in early January. The ibis Styles Budapest Airport Hotel, built by the Hungarian company WING Co. Ltd. for HUF 3.2 billion has 145 rooms and is able to accommodate 300 guests.

Qatar Airways will introduce the Airbus A330 on the Budapest-Doha route in summer 2018. The addition of this aircraft will increase seat capacity by more than 53% over the current A320 aircraft that currently operates both of the double daily frequencies.

In December 2017, 9,787 real estate transactions took place in Hungary, which is a decrease compared to November, but still higher than in the last month of the previous year, according to Duna House's latest transaction estimate.

For the first time in the history of the Hungarian-Croatian touristic relations, the number of guest nights by Hungarians in Croatia exceeded three million in 2017, the Croatian Tourist Board informed the Hungarian news agency MTI on Friday.

AImotive, a Hungarian startup developing self-driving car technology that relies on cameras to detect cars, obstacles, and signs, has received funding to be used to increase global scale and accelerate autonomous driving software via simulation technology.

Wizz Air Holdings Plc, the largest low-cost airline in Central and Eastern Europe, finalizes a deal with Airbus S.A.S. relating to the purchase of 146 Airbus A320neo family aircraft (72 A320neo and 74 A321neo types) to more than double its fleet.

The Hungarian oil group MOL and its partners have begun oil production in the framework of the Catcher project, located in the UK Central North Sea. First oil from the project where MOL'S share is 20%, was achieved on December 23, 2017.

The European Commission has found that Hungarian plans to grant around EUR 3.8 million in investment aid to modernise the infrastructure of Debrecen International Airport (E Hungary) are in line with EU state aid rules.

Valeo Auto-Electric Magyarország continues to expand its manufacturing and R&D complex in Veszprém with a greenfield project. More than 200 new jobs will be created in connection with the EUR 60 million worth of development.

The United Networks of International Corporate Event Organizers, an international association that brings together senior decision-makers in charge of corporate events will have its European Congress in the Hungarian capital on June 28-29, 2018.

A 300-year-old building complex of the arch abbey manor of Pannonhalma in western Hungary will be expanded into a four-star hotel through a HUF 5 billion forint (EUR 15.9 mn) investment, the Hungarian news agency MTI reports.