Budapest Airport breaks ground on EUR 32 mln logistics base


Budapest Airport, operator of the captitalʼs Ferenc Liszt International Airport, broke ground Friday on a EUR 32 million logistics base, dubbed Cargo City, state news wire MTI reported.

The investment will raise cargo capacity at the airport to an annual 200,000 tones, said Budapest Airport CEO Jost Lammers. Last year, cargo turnover at the airport was 127,000 tonnes, up 39% from two years earlier, he added.

In the first phase of the investment, a 20,000 square-meter building will be constructed for non-integrated carriers such as Qatar Cargo, Silk Way, Turkish Cargo, Cargolux and AirBridgeCargo.

TNT, UPS, DHL and FedEx will continue to use the airportʼs old Terminal 1. A 32,000 sqm service area will also be built, large enough for two Boeing 747s.

In the second phase, a center for freight forwarders will be built.    Cargo City is part of an ongoing HUF 60 bln development program at the airport.


Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga Analysis

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

2 Protests to Take Place in Budapest on Aug 20 City

2 Protests to Take Place in Budapest on Aug 20


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.