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 […]
Despite investor appetite remaining strong for the Central and Eastern European (CEE) region, year-end volumes are likely to reach EUR 10-11 billion, appr. 20% lower than in 2019, Colliers International reveals. Despite COVID-19 impacts on markets, flow volumes remain relatively healthy for the first three quarters of 2020 at appr. EUR 8 billion. Poland attracted […]
The first facility in the Páty Industrial Park has officially been inaugurated. The 23,000-sqm logistics centre was developed by Inpark and serves as a regional car parts distribution hub operated by logistics service provider Kühne+Nagel.
As a result of the development implemented from EUR 28 million by Révész-Nyírlog Ltd., a more than 52,000-square meter logistics center has been established, supplemented with a warehouse hall, an office building and accessory rooms.
The Central and Eastern European region has achieved a significant improvement in its desirability as a logistics location. 8 sites from the region have successfully made it to the top 20 list of most popular European locations - a 100% increase since 2013.
