ADVERTISEMENT

Magyar Posta Boosts Parcel Locker Numbers to 450

Logistics

Image by Wirestock Creators / Shutterstock.com

Magyar Posta has raised its number of parcel lockers to 450, the state-owned postal company said on Monday, according to a report by state news wire MTI.

The inauguration of a parcel locker in Budapest's District II completed an expansion phase Magyar Posta launched last summer.

Magyar Posta earlier put the cost of the parcel locker expansion "in the billions" of forints.

Magyar Posta noted that online sales have risen close to 20% in the past four years, while the share of deliveries to parcel lockers has climbed.

MET Group Wins TXF 'Commodity Financing Deal of the Year' Energy Trade

MET Group Wins TXF 'Commodity Financing Deal of the Year'

Polish Unemployment Falls in April World

Polish Unemployment Falls in April

Movement Already Visible on Sublet Market Residential

Movement Already Visible on Sublet Market

New Textile Collection Celebrates Hungary's Furmint Grape Wi... Art

New Textile Collection Celebrates Hungary's Furmint Grape Wi...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

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.