Jysk Inaugurates EUR 200 mln Regional Distribution Center in Hungary
Photo by MTI/Tamás Kovács
Danish home furnishings retailer Jysk inaugurated a EUR 200 million regional distribution center in Ecser, on the outskirts of Budapest, on Friday, according to a report by state news wire MTI.
The investment was supported by HUF 3.6 bln in government grant money, state secretary Levente Magyar said at the ceremony.
Jysk chairman-CEO Jan Bogh also participated at the inauguration of the EUR 200 mln distribution center.
The 143,000 sqm facility will create 300 jobs initially, which could rise to 500 as turnover increases.
Jysk Kereskedelmi had a revenue of HUF 57 billion in the 2020/2021 business year.
Jysk has 91 stores in Hungary and employs more than 8,000 people in the country.
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