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Raaberfreight becomes Raaberlog

Raaberfreight International Freight Forwarding Kft has changed its name to Raaberlog Kft following the purchase of the 60% stake of Gyor-Sopron-Ebenfurt Railways Rt, Raaberlog CEO Tibor Iszak said. Raaberlog's predecessor was established in 1992, the company is active in warehouse and office building sale and rental besides freight forwarding. Raaberlog has an annual net revenue of approx. Ft 20 billion and the company plans to buy an undisclosed Western European freight forwarding company, Iszak said. (NG 4) M.K.