METRANS to build base in Budapest
Rail cargo company METRANS Danubia, announced plans to build a logistics base in south Budapest for "several tens of millions of euros", Minister of Foreign Affairs and Trade Péter Szijjártó said Thursday, according to news agency MTI.
Klaus-Dieter Peters, chairman of Germanyʼs Hamburger Hafen und Logistik, METRANSʼ parent company, said the decision to build a container terminal in Hungary was based on the country being an important hub.
He added that more investments are planned for the future. Construction of the base will begin by September at the latest, he said, with the initial phase of the investment expected to create 200 jobs.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.