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GLS Acquires Hungarian Company iLogistic to Boost E-commerce Fulfillment Services

Jul 4, 2024

GLS Group, the leading package logistics service provider in Europe and North America, has announced the acquisition of the Hungarian company iLogistic, a key player in full-scale web store warehouse logistics services specializing in e-commerce. While the financial details of the acquisition remain undisclosed, this strategic move enables GLS to enhance its service offerings, particularly […]

Gebrüder Weiss Selects New Base in Páty

Jul 12, 2023

One of Europe's leading transport and logistics companies, Gebrüder Weiss (GW), will be the first tenant of the Pt2 warehouse in HelloParks Páty Megapark. The company will lease 22,000 sqm of the 42,000-sqm industrial property, currently under development as the second building of the industrial park, less than 10 kms west of Budapest, and will […]

Manufacturing and Warehousing Sector in CEE-12

Jul 10, 2023

The total Industrial & Logistics (I&L) property sector stock for the CEE-12 region has grown to exceed 65 million sqm, with 25 million sqm situated in and around the 12 capital city markets, the international property consultant company Colliers says in its latest report. Poland, as the largest country of the group covered in this […]

New Trans-Sped Warehouse Complex in Debrecen

Jul 6, 2023

Trans-Sped logistics company's new 5,100-square-meter warehouse complex is part of an agreement with the state that will see Trans-Sped set up six new logistics centers between 2017 and 2023, three in Debrecen, one each in Nagytarcsa, Környe and Tata. The total investment value is close to HUF 8 billion, creating 270 new jobs. The government […]

Smart Warehouse to be Built in Vác

Jun 22, 2023

The CECZ Group is building a smart warehouse in Vác with an investment of HUF 25 billion. The project was celebrated with a topping out ceremony this Thursday in the town north of Budapest. Finance Minister Mihály Varga Mihály, who attended the ceremony, suggested that the investment could be an important part of China's Belt […]

HelloParks Expands Warehouse Capacity

Jun 21, 2023

HelloParks has expanded its warehousing capacity in Fót and Maglód, both just outside Budapest, and six companies have agreed with the developer to lease almost 18,000 square meters of space in the 26,000-square-meter and 46,000-square-meter buildings, the industrial real estate developer told MTI on Wednesday. The two new warehouses of HelloParks were inaugurated in the […]

Waberer’s Rejuvenates Its Fleet

Jun 9, 2023

The Waberer's Group has invested almost EUR 2 million to rejuvenate its fleet, with the company putting 45 three-axle and 5 two-axle Berger trailers into service for its local and international transport operations, Waberer's told MTI on Friday. According to the statement, the company has replaced a significant number of its semi-trailers in recent years, […]

A Record Year for Industrial and Logistics Properties

Mar 10, 2023

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 Wins Support for New Facilities

Feb 26, 2023

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 […]

Trans-Sped’s Logistics Hall Inaugurated

Feb 16, 2023

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 […]

Logistics Real Estate Increased by Nearly 120,000 sqm

Jan 27, 2023

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 […]

HUF Ten Billion Investment by Gebrüder Weiss

Oct 13, 2022

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 […]

Zoll-Platz to Build New Logistics Center at Szeged

Sep 7, 2022

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 […]

Successful Operation in an Unpredictable Environment

Aug 4, 2022

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% […]

Small Business Units, Logistics Space: More Enquiries

Jul 12, 2022

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 […]

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