UPS Hungary opens USD 2 mln base in Vecsés



The Hungarian subsidiary of U.S.-based express delivery firm UPS inaugurated a new unit on Tuesday in the Airport City logistics park in Vecsés, near the capital’s Ferenc Liszt International Airport, through an investment of USD 2 million, according to a press statement sent to the Budapest Business Journal.

The newly opened 5,200 square-meter base triples the size of the company’s earlier base at the airport. The facility will employ 140 people and will become the regional base of UPS. The company currently employs more than 350 people in total at seven facilities in the country, running with a fleet of 80 vehicles.

“This new facility will enable us to connect our Hungarian customers even more effectively and efficiently with the rest of Europe and the world,” said Jim Kearney, Head of UPS Hungary, at the inauguration. “With more than 5,000 square meters of operating space, this new facility is nearly three times the size of our previous Budapest center and is a response to the volume growth UPS has been experiencing in Hungary, with UPS operations here seeing export shipments grow in 2016 by more than 10% when compared to 2015,” he added. 

According to its corporate website, UPS is the worldʼs largest package delivery company and one of the leading global providers of specialized transportation and logistics services.


Gross Average Earnings at HUF 528,800 in January Figures

Gross Average Earnings at HUF 528,800 in January

Hungarian Lawmakers Ratify Finland's NATO Accession Parliament

Hungarian Lawmakers Ratify Finland's NATO Accession

Apartment Rents Down Compared to Q4 2022 Residential

Apartment Rents Down Compared to Q4 2022

HIPA Awards 'Investors of the Year' Awards

HIPA Awards 'Investors of the Year'


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.