Canadian automotive supplier Magna International has started the production of body and chassis components at its new facility in Vecsés, Hungary.

Hungary’s leading real estate investor and asset manager, Indotek Group, is expanding its Western European network with a new office in Vienna.

Porsche Hungaria is expanding its spare parts and logistics center in Budaörs with an investment of EUR 20 million.

MBH Mortgage Bank, member of the MBH Group has issued its first international covered mortgage bond. The bond, which matures on February 21, 2031, carries a fixed interest rate of 3.172%.

The YOU Hotel Budapest, a project backed by a French hotel investor, officially opened its doors.

The WING Group has signed an agreement with GTC to acquire over 2.1 hectares of development land in Budapest’s Váci út office corridor.

The Serbian paper manufacturer Drenik Hungary Kft. is investing HUF 42 billion (approx. EUR 110 million) to build a new production facility in Szolnok.

The Hungarian Hospitality Employers’ Association (VIMOSZ) and its consortium partners are working to enhance the digital competencies of small tourism enterprises.

Pearl Enterprises, based in Debrecen, will roll out 100 new smart pedestrian crossings this year, bringing the total number of such installations in Hungary to 400.

By 2035, a total of EUR 2.5 billion will be invested in the transport connections and infrastructure of the airport.