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.

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.