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.


Avg Compulsory Vehicle Insurance Premium up 5% Figures

Avg Compulsory Vehicle Insurance Premium up 5%

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

4iG, Rheinmetall Establish IT JV Deals

4iG, Rheinmetall Establish IT JV

24th FIABCI Hungarian Prix d’Excellence Held Awards

24th FIABCI Hungarian Prix d’Excellence Held


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.