Metrans builds €35-50 mln logistics base in Hungary
Germany HHLA AG’s Hungarian subsidiary Metrans Konténer today laid the cornerstone of a logistics base it is building in Csepel, south of Budapest, through an investment of €35-50 mln, Hungarian daily Magyar Hírlap reported today.
The construction of the new 165,000 sqm rail container terminal, including a repair facility and a storage for refrigerator containers, is expected to be wound up by 2017, Hungary’s Foreign Minister Péter Szijjártó reportedly announced at the event. The investment is expected to create 200 new jobs in Hungary.
Klaus-Dieter Peters, HHLA AG’s CEO, said that after the completion of the base, Metrans will be able to handle 250 trains monthly, while the annual volume of containers shipped by the company is likely to rise to 250,000 from the current from 170,000.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.