Sixt Technical Base Next to the Airport in Budapest

A technical base is being developed near Budapest’s Ferenc Liszt International Airport by Sixt, a member of the AutoWallis Group, in the interest of preparing the Group for serving car sharing and even fleet management providers in addition to developing its car rental services. Of the company’s HUF 565 million investment project, HUF 282 million covered, through a government decision, by Hungarian taxpayers as part of a nonrefundable grant.

The AutoWallis Group is taking a big step to develop its infrastructure in support of mobility services: its subsidiary, Wallis Autókölcsönző [Car rental] Ltd., representing the Sixt brand, is establishing a new technical base near Budapest Ferenc Liszt International Airport. In line with its plans for an investment project to be completed by the end of the year, the company has purchased property of almost 6,000 square meters, primarily to be used to establish a rent-a-car technical base for the car rental service provider Sixt, which is represented by the company in Hungary, by renovating and rebuilding the existing buildings, AutoWallis reports on the website of the Budapest Stock Exchange.

The total project budget amounts to HUF 565 million, for which the Ministry of Foreign Affairs and Trade is providing a non-refundable, competitiveness-increasing grant of HUF 282 million. AutoWallis Investment Director Gábor Székely explained that with this investment project, AutoWallis is preparing for the increase in tourism following the pandemic period, for the more cost-effective operation of the Sixt brand, and for the quick support to be provided to any mobility services the Group may launch in the future (such as car sharing and fleet management).

The investment project is being planned in line with the commitments undertaken in AutoWallis’s Green Finance Framework, which includes equipping the property with solar panels, e-chargers, heat exchangers for heating and cooling, water recycling, and rainwater utilization, as well as the cleaning of vehicles with both dry and wet handwashing methods.