Hungarian-owned logistics firm Transit-Speed Ltd. invested EUR 10.7 million in Kisvárda, NE Hungary to set up new warehouses and beef up its wagon loading technology. Now that the developments are complete, 20 new jobs have been created. Over one third of the investment costs are covered by Hungarian taxpayers through a government decision. Transit-Speed Kft. […]
Budapest Airport will increase the annual air cargo handling capacity of Liszt Ferenc International Airport from the current 250,000 tons to 300,000 tons with the expansion of Bud Cargo City, René Droese, Deputy Chief Development Officer of Budapest Airport, said on Wednesday at the ground-breaking ceremony of the Cargo City Handling building expansion. Bud Cargo […]
The transport company Waberer's International's revenue rose by 11% to EUR 176.4 million and earnings before interest and taxes (EBIT) by 146% to EUR 11.2 million in the first three months of the year compared to the same period last year, according to a financial report and a press release published on the Budapest Stock […]
The Ferenc Liszt International Airport of the Hungarian capital has been ranked in the same category as Europe’s best airports, the management company Budapest Airport reports this Wednesday. The recognition is further validation for Budapest Airport and the airport community that the series of developments worth one hundred billion forints, implemented over the past four […]
The passenger center of Budapest's Keleti Railway Station has been renovated with HUF 1.9 billion, the project was financed by the government and the European Union, it was announced this Tuesday. The renovation of the 1,542-square-meter passenger center was aimed at bringing the capital's station up to modern standards for both passengers and staff. In […]
As part of its large-scale development series, Raben opened its new cross-dock facility in Dunaharaszti, just south of Budapest. Due to the investment of approximately EUR 7.5 million, the area of the former building was expanded by 75%, enabling the company to manage significantly increasing volumes and to exploit the growth potential of domestic and […]
The international energy company Shell has opened the region’s first liquefied natural gas (LNG) filling station in Hungary. According to a statement by the Hungarian Ministry of Foreign Affairs and Trade, transport accounts for around 20% of greenhouse gas emissions, of which 70% is from road transport, with trucks responsible for two-thirds. There are two […]
Ferenc Liszt International Airport has been awarded the international WELL Health-Safety Rating. The rating confirms that its operator, Budapest Airport, is taking all necessary steps to ensure the health and safety of passengers and staff. During the rating process, independent experts examined five focus areas at the passenger terminals (cleanliness, emergency preparedness, health, air and […]
From Saturday, April 1, the trains of the cogwheel railway (bearing the number 60) are running again between the terminals of Városmajor and the Children’s Railway station in Széchenyi Hill in the Buda Hills. The railway line was closed for the winter in recent months. During this period, several hundred meters of track were replaced […]
Thanks to the sponsorship contract signed by the Budapest Transport Center (BKK) and the Prime Minister's Office, the capital's fleet will be expanded with 31 new modern, low-floor and air-conditioned CAF trams, in addition to the 20 trains ordered last October. In a statement sent to MTI, BKK said that under a government decision at […]
Wizz Air has again, after 2020, won the Airline of the Year award at the Air Transport Awards, the company told MTI on Thursday. The award was personally accepted by CEO József Váradi at the gala evening in Montreal, Canada on Wednesday, they wrote. The Air Transport Awards annually honors outstanding performers in the air […]
As of this Monday afternoon, underground trains again run between the two terminals on the Hungarian capital’s M3 metro line as the renovation of all but two stations have been completed. Over three quarters of the renovation costs have been covered by EU funding. Some 3,500 people have worked for the past five and half […]
Ferenc Liszt International Airport has been named ‘Best Airport in Eastern Europe’ by Skytrax at the World Airport Awards in March for the tenth time in a row. This is its second major accolade in a month. At the beginning of March, ACI chose Ferenc Liszt International Airport as the best airport in Europe among […]
The Hungarian capital’s Ferenc Liszt National Airport has been voted the best European airport among airports with 15-25 million passengers, based on passenger feedback – as published by Airports Council International (ACI). The accolade is based on an international and independent survey, relying solely on passenger feedback. According a statement by the airport’s managing company, […]
ÖBB Rail Cargo Group and its Hungarian subsidiary, Rail Cargo Hungaria transported more than one million metric tons of grain from Ukraine last year, the multiple of the amount of the previous year. The company stands ready to continue helping Ukrainian people and expects the freight volume between the two countries to continue increasing this […]
