Magyar Posta Inaugurates 500th Parcel Locker

Logistics

Photo by Shutterstock.com

State-owned postal company Magyar Posta inaugurated its 500th parcel locker at the Etele Plaza shopping center in the capital, according to inforstart.hu.

Chairman-CEO Barnabás Balczó said Magyar Posta would add another 150 parcel lockers to its nationwide network next year.

Magyar Posta's share of the parcel locker market stands at 35% at present, he added.

Magyar Posta also opened its 100th "partner" point in the village of Csököly (205 km southeast of Budapest) this week. Magyar Posta has signed contracts with 210 partners in the new scheme to bring postal services to the country's smallest settlements.

About two-thirds of the partners are local councils, and the rest are local businesses. Magyar Posta's partners are eligible for job creation grants that pay a monthly HUF 125,000 per employee over half a year.

ADVERTISEMENT

Hungary PMI Rises to 52.2 in February Analysis

Hungary PMI Rises to 52.2 in February

Hungary Makes Proposals to Ease Administrative Burden for EU... EU

Hungary Makes Proposals to Ease Administrative Burden for EU...

Colette Matz Named New Country President of Novartis Hungary Appointments

Colette Matz Named New Country President of Novartis Hungary

Investors of the Year in Limelight at Hipa’s Award Ceremony Awards

Investors of the Year in Limelight at Hipa’s Award Ceremony

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.