The Hungarian industrial and logistics real estate market closed a record year in 2022 in terms of rental volumes, new developments and investments in the countryside, the Hungarian Association of Logistics Service Centers (MLSZKSZ) said in a statement. According to their information, last year 482,000 square meters of new industrial and logistics real estate developed […]

Bácska-Logistik of Baja, S Hungary, has won a grant of almost HUF 300 million for the construction of a new gas station and a self-service restaurant exclusively for trucks. The company received a grant of HUF 290.5 million from the Széchenyi 2020 program for the investment, which cost a total of HUF 437.8 million, with […]

Hungarian freight forwarding and logistics firm Trans-Sped Kft. celebrated the inauguration of its brand-new logistics hall in Nagytarcsa. The investment is part of a seven-year development plan that mobilizes EUR 23 million and creates 257 new jobs. The Hungarian state covers 30% of the investment costs. Seated in Debrecen, fully Hungarian-owned Trans-Sped Kft. has been […]

In the last three months of the year, 60,900 square meters of new logistics real estate was delivered in the Budapest agglomeration, while in the countryside almost 48.300 square meters were delivered, according to the Budapest Real Estate Consultants' Forum (BIEF). Last year, a total of 333,210 square meters of new space was added to […]

Logistics service provider Gebrüder Weiss Ltd. is expanding the capacity of its central logistics base with a HUF 10 billion investment, the company told the state news agency MTI on Thursday. According to the information, a new hall and complex of 10,500 square meters will be built in Dunaharaszti, south of Budapest, next to the […]

With EU support and an investment of around HUF 1.4 billion, Zoll-Platz Ltd. is to build a new logistics center in the outskirts of Szeged, SE Hungary, the company’s Managing Director Péter Csonka said on Wednesday. At a press conference to present the investment, which will be completed by next summer with a subsidy of […]

Record quarterly EBIT performance with EUR 10.3 million, financing guaranteed for strategic development plans by successful bond issuance Budapest – these are the main points in Waberer's International reporting its financial results for the three months and half year that ended on June 30, 2022. The report states that the company’s revenue increased by 15.5% […]

The total stock of SBU (Small Business Units) / LML (Last Mile Logistics) space in the CEE-15 countries accounts for over 3 million sqm, but the development of this market is not evenly spread in the region. The largest amount of space is located in Poland (cca 2 million sqm), according to a new report […]

WABERER’S INTERNATIONAL has announced on the website of the Hungarian Stock Exchange that – with Waberer's Group as the majority shareholder and Hungarian Post (Magyar Posta) as the minority shareholder (collectively the ‘Parties’) –, a joint venture will be established to serve the Parties' existing and future customers with full range of parcel logistics support. […]

Dutch-owned logistics service provider Raben Trans European Hungary Ltd. has opened two new warehouses with a total area of about 40,000 square meters in Pécs and Dunaharaszti, the company informed the Hungarian state news agency MTI. The Dunaharaszti-based company, which with the new developments now has a warehouse capacity of 70,000 square metres at five […]

Knapp, the manufacturer of warehouse logistics equipment, is setting up a new site in Nemesvámos. Within the framework of a development amounting to almost EUR 16.7 million by the end of March 2023, the company will transform a brownfield site creating 250 new jobs in 2022 followed by an additional 250 by 2027. Almost a […]

The Dutch logistics operator group Raben, now operating in 13 countries, celebrates its 90th anniversary this year. The Hungarian subsidiary, Raben Trans European Hungary Ltd. was established 11 years ago. Its Head of Sales & Marketing, Zoltán Üveges tells Diplomacy&Trade about the Group’s diverse activities. As he explains, Raben Group offers comprehensive TSL (transport, shipping […]

HelloParks, an industrial real estate development company belonging to the Futureal Group, is developing a 400,000 square-meter logistics megapark in several phases in Páty, near the M1 motorway, Futureal told the state news agency MTI on Monday. According to the information, 400,000 square meters of gross leasable area of warehouse and manufacturing space will be […]

German Dachser's Hungarian subsidiary achieved a nearly 50% higher profit after tax in 2020 compared to the previous year, the company's management said at an online press conference on Wednesday. Liegl & Dachser Transport and Logistics Ltd., which predominantly sells for export, employed nearly 280 people and achieved a net turnover of HUF 22.6 billion […]

METRANS Group is establishing a new rail/road logistics terminal in Zalaegerszeg. The investment of over EUR 44.3 million will grant the Hungarian city a key role in making the Adriatic Corridor become a priority trade route. The container terminal, which is planned to be handed over to use in a number of stages as of […]