Penny Market opens EUR 29 mn logistics base in Hungary

Portfolio
Retail chain Penny Market Hungary has delivered its new logistics centre in Veszprém, western Hungary, on Tuesday. The facility sprawls on 10 hectares (24 acres) and its construction absorbed nearly 9 billion forints (EUR 29.2 mn). The logistics base creates 150 jobs in the region.
The new logistics centre will collaborate in supplying 60 stores and thus it will shorten delivery times. Reflecting the importance of sustainability the facility will also reduce emissions.

Construction works had begun in October 2016 in Sepsiszentgyörgy street in the outskirts of Veszprém.
 

More in Business

Uniqa 1
May 09, 2025 09:53

Further Hungarian insurers announce to cap their home insurance premiums

Allianz, Alfa and Union were followed by Signal Iduna, Uniqa, Colonnade and KöBE

hernadizsolt
May 08, 2025 12:39

Mol chief criticises government's economic policy

"Let the market operate freely!"

Labancz Péter, a Mol Csoportszintű Ipari és Társasági Szolgáltatások Ügyvezető Igazgatója
May 07, 2025 10:08

Mol to invest EUR 700 million in renewable energy projects over five years

Mol Group Industrial and Corporate Services' chief provides exclusive insight into the company's plans

szteroid gyógyszer hatóanyag oltás injekció
May 06, 2025 09:37

Richter joins in the development of weight loss injections

In partnership with Adalvo

Erste 11
April 30, 2025 10:07

Erste Bank profits hit by sector-specific extra profit taxes in Q1 2025

Lending did accelerate, though

LATEST NEWS

Detailed search