German air carrier Lufthansa will modify its timetable and increase its number of flights between Budapest and Frankfurt. Starting from 11 December 2017, it will fly on this route five times a day and will also have an adjusted timetable.

Özyer Group has announced that it signed an agreement with Marriott International to launch the acclaimed Luxury Collection brand in Hungary with Matild Palace, a Luxury Collection Hotel expected to open in Budapest in early 2019.

Romanian telecom operator Digi Communications is to buy Invitel Telecommunications Co. Ltd., one of the key operators on Hungary’s telecom market, for EUR 140 million. The transaction will be carried out through Digi’s Hungarian subsidiary.

The European Bank for Reconstruction and Development (EBRD) is taking part in a financial restructuring of Budapest Airport Co. Ltd. with the aim to attract greater international investment and improve the airport’s operational performance.

The latest sustainability report by HEINEKEN Hungária says the company has recycled 98% of the generated waste and covers 22% of its energy consumption from renewable sources and has reduced its specific water consumption by 13.8% since 2008.

The French automotive supplier specializing in metal foundry Sicta is on a roll implementing an about EUR 11 million project in Felsõzsolca, NE Hungary. The expansion, subsidized by the Hungarian government with an undisclosed amount, is to create 115 new jobs.

Half a year after the announcement of its 2030 strategy, Hungary's MOL Group has signed license agreements signed with Evonik and thyssenkrupp that will enable MOL to produce propylene oxide, a key component for the production of polyether polyols.

The Hungarian pharmaceutical company Gedeon Richter Plc. has announced that the European Commission has granted marketing authorization to Reagila (cariprazine) a novel antipsychotic for the treatment of schizophrenia in adult patients.

The Four Seasons Hotel Gresham Palace in Budapest has been chosen as the Top European City Hotel by the tourism size travelandleaisure.com. It finished ahead of two hotels in the Bristsih capital, London: Hotel 41 and the Milestone Hotel.

Lego Manufacturing Kft., the Hungarian subsidiary of the Danish LEGO group increased its net sales by 11% and its profits by 13% last year, the company told the Hungarian news agency MTI. In 2016, the Group closed its best year in its 85-year history.

Balogh Tészta Co. Ltd, one of the biggest pasta makers in Hungary, inaugurated its new plant in Tiszakécske in the presence of PM Viktor Orbán. The new plant, built with EU support, has the initial output capacity of 2,250 kilograms per hour.

Fornetti has opened its FFB (Fornetti Food and Beverage) exhibition bakery at rhe Octogon in Budapest. The new store has a self-service system and will be an important part of international expansion in the future, the daily Világgazdaság writes.

LOT Polish Airlines has announced to create a direct air link between Budapest and the United States as of next May. Flights four times a week to New York City JFK and twice a week to Chicago O'Hare airports will commence in May 2018.

Trading of Waberer's shares were launched at the Budapest Stock Exchange with a ceremonial ring of the bell this Thursday morning. The ceremony was attended by the representatives of Waberer's, of the Stock Exchange and other officials.

TAP Portuguese airlines has relaunched its air connection (seven times over six days a week) between the Poruguese and Hungarian capitals. It takes 3.5 hours for the airline's Airbus A319 aircraft to fly the 2,478 kilometers between the two cities.