Gebruder Weiss investing HUF 210 mln in Hungary in 2015
Austrian-owned logistics company Gebruder Weiss (GW) Magyarország is investing HUF 210 mln this year in its Hungarian operations, managing director Thomas Schauer said yesterday.
GW is considering building a warehouse in southern Hungary, Schauer said. The company sees great potential for development in the region due to Serbiaʼs planned accession to the European Union, he added. The Hungarian unit of GW had first-half revenue of HUF 7.1 bln and expects annual sales to be over HUF 14 bln.
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.