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Transport industry

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BUD Airport Cargo City

Cargo City Opened at Budapest Airport

D&T
Nov 25, 2019

Just twelve months after commencement of works on site, BUD Cargo City has been handed over at Budapest Liszt Ferenc International Airport. The EUR 50 million facility is not only a world-class logistics base but also a catalyst, enabling Hungary and Budapest Airport to become the cargo gateway of Central and Eastern Europe, according to […]

María Pérez

Standing the Test of Time

D&T
Nov 25, 2019

Compañía Auxiliar de Ferrocarriles S.A. (CAF) was established in 1917 primarily as a manufacturer of freight wagons. However, the company’s beginnings date back to 1892, when the production of wagons started in Beasain in Basque Country and to 1897 with the manufacturing of tramways in Zaragoza, Aragón. Over the past century, the company has grown […]

Waberer's trucks

WABERER’S INTERNATIONAL Revenues Hit by Brexit

D&T
Aug 26, 2019

Budapest-headquartered transport and logistics company WABERER’S INTERNATIONAL Co. Ltd said its revenue in the second quarter of 2019 decreased by 6% to EUR 173 million. The decline is due to lower volumes in the aftermath of the end-of-March Brexit date affecting Q2 trade flows negatively in the international segment. The 7% growth in Regional Contract […]

Car charged from electric pole in Budapest | Zoltán Máthé /MTI

Smart lighting poles in Budapest

D&T
Aug 23, 2018

The first group-linked public lighting poles have been introduced in Budapest. In the pilot project, five public lighting poles with different intelligent functions were installed and connected in a network in the capital's 9th district.

Bicycles to be manufactured by the Taiwanese firm 'Giant' in Gyöngyös | HIPA

World’s biggest bicycle producer expands to Hungary

D&T
Jul 11, 2018

Taiwan-based Giant Group is going to establish its second European manufacturing and logistics unit in Gyöngyös, east of Budapest. Worth almost EUR 48 million, the investment, which is to be realized in three phases, shall occupy 228,000 square meters.

Foundation stone laying ceremony at Arconic | Zoltán Máthé /MTI

Arconic expands in Székesfehérvár

D&T
Mar 14, 2018

Arconic Wheel and Transportation Products, producer of Alcoa Wheels, that manufactures a range of fully forged aluminum wheels, announced another expansion in Hungary to double the capacities of its Székesfehérvár plant.

New passenger pier under construction at Budapest Airport.jpg | Budapest Airport

2017, a record breaking year at Budapest Airport

D&T
Jan 12, 2018

Traffic at Budapest’s Liszt Ferenc International Airport in 2017 grew at an unprecedented pace: 13.1 million passengers used the airport last year, and the volume of air cargo also broke the record with more than 127.000 tons in total.

HungaroControl Tower in Budapest | Noémi Bruzák /MTI

Remote Control Tower Control Center opens

D&T
Nov 14, 2017

A remote control tower control center opened in Budapest on Tuesday. In a few years from now, specialists will be able to direct air traffic not only from the tower at the airport in Ferihegy but also from the Igló street control room in the caípital.

DHL Express center inaugurated | Budapest Airport

DHL Express opens center in Budapest

D&T
Nov 6, 2017

International express delivery world market leader DHL Express has opened a new 13,000-sqm Center at the Budapest Airport Business Park joining DHL's other two divisions, a DHL Global Forwarding and DHL Freight, which moved in 2013.

Knorr-Bremse Rail Systems plant in Budapest | Tamás Kovács /MTI

New manufacturing hall in Budapest

D&T
Oct 17, 2017

Knorr-Bremse Rail Systems, the German company manufacturing eailway brake and air systems had it new manufacturing hall in Budapest inaugurated this Tuesday. A training workshop was also presented at the company's premises in the Hungarian capital.

The first BYD bus manufactured in Komárom

First BYD buses completed in Komárom

D&T
Sep 22, 2017

The first two electric buses have been manufactured at the plant of the BYD Electric Bus and Truck Hungary Ltd. in the local industrial park in Komárom, west of Budapest. The Chinese company opened its Hungarian plant in April this year.

FlixBus vehicles at Budapest's Bépliget bus station | Zoltán Balogh /MTI

FlixBus establishes Hungarian office

D&T
Sep 12, 2017

German-owned passenger transport company FlixBus has opened a Central Eastern European regional office at the Népliget Bus Station in Budapest in order to coordinate its Hungarian, Romanian and Bulgarian networks.

| Waberer's

Waberer's shares in the BUX basket

D&T
Sep 8, 2017

The Hungarian trucking company WABERER’S INTERNATIONAL Plc. has announced on the website of the Budapest Stock Eschange (BUX) that its series “A” dematerialised, registered ordinary shares are to be included in the BUX basket with a weight of 0.91%.

BYD C9

Electric buses to be manufactured in Hungary

D&T
Oct 14, 2016

Chinese automobile manufacturer BYD is establishing Europe’s first electric bus factory in Komárom, NW Hungary with an investment of HUF 6.2 billion forints (EUR 20 mn). Production is expected to already begin early next year.

Uber Hungary operations director Zoltán Ferte at the press conference in Budapest | Zoltán Balogh / MTI

Uber announces leaving Hungary

D&T
Jul 13, 2016

On-demand ride share service company Uber is suspending its services in Budapest as of 24 July when new legislation enters into effect, facilitating the blocking of platforms that offer "illegally operating taxi services."

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