ADVERTISEMENT

Tire seller Marso to build HUF 4.6 bln logistics center in Dunaharaszti

Automotive

Photo by Lens Hitam / Shutterstock.com

Hungarian tire wholesaler Marso will build a HUF 4.6 billion logistics center in Dunaharaszti, on the outskirts of the capital, Minister of Foreign Affairs and Trade Péter Szijjártó said on Wednesday, according to a report by state news wire MTI.

Photo by Lens Hitam / Shutterstock.com

The government is supporting the investment, which will create 50 jobs, with a HUF 693 million grant, Szijjártó said. The 17,000 sqm logistics base will enable the business to expand further, he added.

Marso managing director Zoltán Becser said construction at the base would start within a month and the warehouse space could be completed within a year. The base will supply the west of Hungary, delivering tires within 24-48 hours of the time orders are placed, he added.

Marso has 30 of its own shops and service centers in Hungary and more than 1,000 resellers across the country. In addition to Hungary, it also has a presence in Romania and Serbia.

The company had consolidated revenue of over HUF 40 bln last year.

Heavy Rains Expected This Week to Ease Drought Weather

Heavy Rains Expected This Week to Ease Drought

Hungary Treats Smooth EU Transition as Priority, Says Bóka EU

Hungary Treats Smooth EU Transition as Priority, Says Bóka

HU-rizon Program: HUF 8 bln Funding for International Resear... Science

HU-rizon Program: HUF 8 bln Funding for International Resear...

Inspiring Women at the Focus of Gourmet Fest In Budapest

Inspiring Women at the Focus of Gourmet Fest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

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.