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Gebrüder Weiss Spending HUF 10 bln on Logistics Base

Logistics

Gebrüder Weiss Kft. is spending HUF 10 billion to add 10,500 sqm of space at its logistics base in Dunaharaszti (20 km south of Budapest), the Austrian-owned hauler said yesterday, according to napi.hu.

The additional 23,000 sqm of warehouse space at the base will be completed within a year.

The company noted that it had added bases in Zalaegerszeg (215 km southwest of Budapest) and Pécs (195 km southwest) last year and built warehouses in Polgár (190 km northeast) and Szeged (170 km southeast) earlier this year.

It plans a HUF 2 bln expansion at its base in Gyor (120 km northwest of Budapest) in 2024, bringing its total warehouse space to 90,000 sqm.

Gebrüder Weiss had net revenue of HUF 28.7 bln last year, according to public records.

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