Austrian Post entering Hungarian Parcel & Logistics market
Austrian Post acquires 100% of the shares of Road Parcel Logistics Services Kft and Merland Expressz Logistics Services Kft
Already being present in the Huingarian Mail Market, Austrian Post has now created foothold also in the Hungarian Parcel & Logistics business
„feibra Hungary“, a 100% subsidiary of Austrian Post, has been present in the Hungarian Mail and Direct Mailing market already since 2005. By taking over Road Parcel Logistics Services Kft and Merland Expressz Logistics Services Kft, Austrian Post has extended its presence to the Parcel & Logistics business.
The Road Parcel brand was launched in 1997 and offers a country wide network for door-to-door parcel logistics in Hungary. The brand Merland Expressz was introduced in 2002 with a focus on groupage and pallets.
Road Parcel Logistics Services Kft and Merland Expressz Logistics Services Kft will account for a total revenue of 7.5 Mio EUR in 2007 and more than 1 Mio shipments, which positions them as a number two in the Hungarian B2B Parcel & Logistics market.
