T-Trans Főép eyes HUF 1.3 bln investment


Hungarian construction and shipping company T-Trans Főép will soon begin the building of a HUF 1.3 bln logistics center in Szekszárd, southern Hungary, with the help of a HUF 500 mln EU grant, managing director Csaba Tóth said yesterday.

The construction is scheduled to be completed by October, the CEO said, adding that the two warehouses with a combined area of 7,500 sqm will store construction chemicals and food industrial products and will employ 15 people.

The buildings will be equipped with a 100 kWh solar panel system and heat pumps, Tóth said. T-Trans Főép had 25 employees and net revenue of HUF 3 bln in 2014, Hungarian news agency MTI said.


Investment Volume Down 12.1% y.o.y. in Q3 Figures

Investment Volume Down 12.1% y.o.y. in Q3

Sport Now 'Strategic Sector' for Hungary - Minister Government

Sport Now 'Strategic Sector' for Hungary - Minister

Innovation Remains Stagnant Innovation

Innovation Remains Stagnant

More Guest Nights y.o.y. for Year-end Tourism

More Guest Nights y.o.y. for Year-end


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.