The international real estate consultancy firm Cushman & Wakefield has chosen Budapestas the new venue for its Portfolio Services Center (PSC) department. The new investment, supported by the Hungarian government, is expected to create 250 new jobs.

Hungarian low-cost airline WizzAir has launched flights to a new destination from Budapest: Agadir in southern Morocco. The airliner operates this flight twice a week with Airbus A320 aircraft. The first flight was fully booked as the plane left the Hungarian capital.

Japanese tyre manufacturer Bridgestone had its HUF 85 billion forint (EUR 274 million) capacity-expanding investment project officially inaugurated in Tatabánya, west of Budapest this Thursday. It is expected to create 500 new jobs.

The new plant of CSABAcast has been officially opened in Apc, E Hungary. It has been equipped with state-of-the-art technology and fleet of machines of the highest quality. Themanufacturing baseserves the expansion of the activities of the company.

World-leading global medical technology company, Becton Dickinson's (BD) new plant has been inaugurated in Tatabánya where the manufacturing of research reagents required for the production of medical products will be launched.

Ericsson and Magyar Telekom have held a demonstration of the first 5G New Radio at the Ericsson R&D centre in Budapest on Thursday. The first implementation of its kind in Hungary achieved download speeds of 22 gigabits per second (Gbps).

According to end of summer figures by the Central Statistical Office, the volume of construction output in Hungary was 36.8% higher in August 2017 than the low base a year earlier. construction output grew by 9.8% in August compared to the previous month.

Knorr-Bremse Rail Systems, the German company manufacturing eailway brake and air systems had it new manufacturing hall in Budapest inaugurated this Tuesday. A training workshop was also presented at the company's premises in the Hungarian capital.

More visual experience and more surprises are needed at Hungarian festivals to keep up with the competition on international level. That was the view shared by the participants of the recent Festival Season Valuation Roundtable organized by HEINEKEN Hungária.

The first facility in the Páty Industrial Park has officially been inaugurated. The 23,000-sqm logistics centre was developed by Inpark and serves as a regional car parts distribution hub operated by logistics service provider Kühne+Nagel.

As a result of the development implemented from EUR 28 million by Révész-Nyírlog Ltd., a more than 52,000-square meter logistics center has been established, supplemented with a warehouse hall, an office building and accessory rooms.

German family venture Krones AG has announced the establishment of a plant that will manufacture pieces of food industry equipment in Debrecen, E Hungary, with an investment of close to HUF 15 billion, close to 40% of which is covered by the Hungarian government.

General Electric aims to double the volume of the products and services bought from Central-Eastern European SMEs, including Hungarian enterprises. The firm has approximately 6.000 suppliers in the region and its procurement value exceeds USD 1.7 billion.

The Hungarian subsidiary of the Swiss Maxon, Maxon Motor Hungary Kft. will extend - with a cash subsidy from the Hungarian government - its electromotor plant in Veszprém with an investment worth some HUF 4.2 billion, and the project will create 102 new jobs.

The first two electric buses have been manufactured at the plant of the BYD Electric Bus and Truck Hungary Ltd. in the local industrial park in Komárom, west of Budapest. The Chinese company opened its Hungarian plant in April this year.