DHL and TNT launch Hungary logistics centers
German express delivery company DHL inaugurated a USD 26 million logistics centre in Budapest.
The new centre consists of a 7,000 sq m warehouse and a 4,200 sq m office complex.
Dutch express delivery company TNT Express has opened a 1,200 sq m distribution centre in the Hungarian city of Szombathely, near the border with Austria, on November 5.
TNT said in September it planned to invest USD 3.89 million at its unit in Hungary in 2007. TNT Express said it would spend USD 1.68 million on improvements at its cargo base at Ferihegy Airport, USD 988,000 on IT investments and USD 1.23 million on other developments.
