DHL Hungary grows 25 pct in H1, 2007
DHL Express Hungary increased its revenues in the first six months of 2007 by 25.4 pct year-on-year to HUF 6 billion (EUR 24.4 million), according to a report from the Hungarian News Digest.
The company’s marketing manager, Joseph Borocz, was quoted as saying that DHL’s market share would rise over 50 pct within the next five years.
DHL is in the midst of investing in its Hungary operations. In September it is due to start operating its new EUR 18.3 million logistics base near Hungary’s second-largest airport FlyBalaton in Sarmellek on the shore of Lake Balaton, in western Hungary. The facility comprises 7,000 sq m of storage space and 1,400 sq m of offices.
In addition, DHL plans to build a 2,400 sqm, EUR 4.75 million air cargo cross-docking facilities at Sarmellek airport, the construction work of which will begin in September, as well as EUR 17.8 million logistics centre in Budapest that is also expected to be built this year.
