Parcel and Postal Technology International
  • News
    • A-E
      • Automation
      • Business Diversification
      • Construction / Development
      • Cross-border
      • Delivery
      • E-commerce
      • Expo
    • F-O
      • Freight
      • IT & Systems
      • Last Mile
      • Lockers / PUDO
      • Logistics
      • Mail
      • Operations
    • P-R
      • Packets
      • Parcels
      • Peak
      • Retail
      • Returns
    • S-Z
      • Sorting Systems
      • Staff / Personnel
      • Sustainability
      • Technology
      • Vehicles / Fleet
  • Features
  • Online Magazines
    • March 2025
    • September 2023
    • June 2023
    • March 2023
    • December 2022
    • SHOWCASE 2019
    • Archive Issues
    • Subscribe Free!
  • Opinion
  • Videos
  • Analysis
  • Awards
    • 2025 Awards
    • Previous Winners
  • Supplier Spotlight
  • Parcel + Post Expo
LinkedIn YouTube Twitter
  • Sign-up for Breaking News Emails
  • Meet the Editors
  • Contact Us
  • Media Pack
Subscribe
LinkedIn Facebook
Parcel and Postal Technology International
  • News
      • Automation
      • Business Diversification
      • Construction / Development
      • Cross-border
      • Delivery
      • E-commerce
      • Expo
      • Freight
      • IT & Systems
      • Last Mile
      • Lockers / PUDO
      • Logistics
      • Mail
      • Operations
      • Packets
      • Parcels
      • Peak
      • Retail
      • Returns
      • Sorting Systems
      • Staff / Personnel
      • Sustainability
      • Technology
      • Vehicles / Fleet
  • Features
  • Online Magazines
    1. December 2024
    2. September 2024
    3. June 2024
    4. March 2024
    5. SHOWCASE 2019
    6. Subscribe Free!
    Featured
    April 2, 2025

    In this Issue – March 2025

    Online Magazines By Web Team
    Recent

    In this Issue – March 2025

    April 2, 2025

    In this Issue – December 2024

    December 5, 2024

    In this Issue – September 2024

    September 19, 2024
  • Opinion
  • Videos
  • Analysis
  • Awards
    • 2025 Awards
    • 2024 Award Winners
    • 2023 Award Winners
    • 2022 Award Winners
    • 2021 Award Winners
    • 2020 Award Winners
    • 2019 Award Winners
    • Previous Winners
  • Supplier Spotlight
  • Parcel + Post Expo
LinkedIn Facebook
Subscribe
Parcel and Postal Technology International
Construction / Development

UPS Hungary opens new Budapest headquarters and logistics hub

mmBy Kirstie PickeringMarch 8, 20173 Mins Read
Share LinkedIn Twitter Facebook Email

UPS marked its 20th anniversary of operating in Hungary with the opening of its newest logistics hub and Hungarian headquarters in Vecsés, Budapest.

The facility is located in the Airport City logistics park and is three times the size of UPS’s previous Budapest package center at over 5,200m2.

It is equipped with automated conveyor belts that can sort 3,000 packages every hour and has parking spaces for 80 cars. Around 140 employees will work in the building, which will combine small package and freight forwarding operations with UPS Hungary’s headquarters.

Nando Cesarone, UPS Europe’s president, said, “Opening this new facility is a great way to celebrate 20 years of UPS operation in Hungary,

“We are one-third of the way through UPS’s plan to invest US$2bn in UPS’s European infrastructure and this new facility will help us to continue efficiently connecting our customers in Hungary with the rest of Europe and the world.”

UPS has been in Hungary since 1989 when it partnered with In Time Ltd, and later established operations in 1997. Employing more than 350 people across seven facilities, UPS Hungary has a delivery fleet of around 80 vehicles and offers small package services, freight forwarding, supply chain solutions and healthcare logistics services.

Levente Magyar, Hungarian minister of state for economic diplomacy, attended the opening ceremony. He commented, “American investment in Hungary has been steadily increasing over the last few years thanks to companies like UPS.

“UPS was among the first companies to enter the Hungarian market and invest in a strategic sector of the economy before the transition to a market economy.”

Elsewhere, UPS has won a court challenge against the European Commission’s block of its bid for Dutch express shipping company TNT four years ago.

The Commission rejected the €5.2bn (US$5.5bn) deal in 2013, saying UPS had not offered sufficient concessions to stop concerns that the deal would hurt consumers. The deal was planned to expand its presence in Asia and Latin America.

An EU court said the Commission had infringed UPS’s rights of defense by using a different econometric model in its analysis than that used in previous exchange of views and arguments. UPS could potentially now sue for damages.

UPS released a statement, saying, “While the decision in UPS’s favor makes a number of points, the most significant part of this decision is its impact in helping to preserve a competitive environment in Europe by clarifying the procedure and relevant criteria for merger approval.”

TNT has since been bought by FedEx in a €4.4bn (US$4.6bn) deal approved by the Commission last year.

March 8, 2017

Share. Twitter LinkedIn Facebook Email
Previous ArticleDHL Express opens new Southern Hub at Heathrow
Next Article PostNord to axe more than 3,500 Denmark employees by 2020

Related Posts

Logistics

DHL adds 30,000m2 warehouse to health logistics campus in Germany

May 16, 20253 Mins Read
Freight

DP World to invest US$760m in Dominican Republic logistics hub

May 14, 20253 Mins Read
E-commerce

Whistl to provide e-commerce fulfillment services to Tesco F&F Online

May 13, 20252 Mins Read

Receive breaking stories and features in your inbox each week, for free


Enter your email address:


Latest News

Australia Post warns customers about rising number of parcel scam messages

May 16, 2025

DHL adds 30,000m2 warehouse to health logistics campus in Germany

May 16, 2025

Bloq.it supports Vinted Go locker expansion in Spain and Portugal

May 15, 2025
Getting in Touch
  • Contact Us / Advertiser
  • Meet the Editors
  • Download Media Pack
  • Breaking News Emails
Our Social Channels
  • Facebook
  • LinkedIn
Supplier Spotlights
  • Plaut Europe
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions
  • Notice & Takedown Policy
  • Site FAQs
© 2025 UKi Media & Events a division of UKIP Media & Events Ltd

Type above and press Enter to search. Press Esc to cancel.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

CookieDurationDescription
cookielawinfo-checkbox-advertisement1 yearSet by the GDPR Cookie Consent plugin, this cookie records the user consent for the cookies in the "Advertisement" category.
cookielawinfo-checkbox-analytics1 yearSet by the GDPR Cookie Consent plugin, this cookie records the user consent for the cookies in the "Analytics" category.
cookielawinfo-checkbox-functional1 yearThe GDPR Cookie Consent plugin sets the cookie to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary1 yearSet by the GDPR Cookie Consent plugin, this cookie records the user consent for the cookies in the "Necessary" category.
cookielawinfo-checkbox-others1 yearSet by the GDPR Cookie Consent plugin, this cookie stores user consent for cookies in the category "Others".
cookielawinfo-checkbox-performance1 yearSet by the GDPR Cookie Consent plugin, this cookie stores the user consent for cookies in the category "Performance".
elementorneverThe website's WordPress theme uses this cookie. It allows the website owner to implement or change the website's content in real-time.
JSESSIONIDsessionNew Relic uses this cookie to store a session identifier so that New Relic can monitor session counts for an application.

Functional

Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.

CookieDurationDescription
__cf_bm30 minutesCloudflare set the cookie to support Cloudflare Bot Management.

Analytics

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.

CookieDurationDescription
CONSENT2 yearsYouTube sets this cookie via embedded YouTube videos and registers anonymous statistical data.
uidsessionThis is a Google UserID cookie that tracks users across various website segments.
vuid1 year 1 month 4 daysVimeo installs this cookie to collect tracking information by setting a unique ID to embed videos on the website.
_ga1 year 1 month 4 daysGoogle Analytics sets this cookie to calculate visitor, session and campaign data and track site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognise unique visitors.
_ga_*1 year 1 month 4 daysGoogle Analytics sets this cookie to store and count page views.

Advertisement

Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.

CookieDurationDescription
OAGEOsessionOpenX sets this cookie to avoid the repeated display of the same ad.
OAID1 yearCookie set to record whether the user has opted out of the collection of information by the AdsWizz Service Cookies.
VISITOR_INFO1_LIVE5 months 27 daysYouTube sets this cookie to measure bandwidth, determining whether the user gets the new or old player interface.
YSCsessionYoutube sets this cookie to track the views of embedded videos on Youtube pages.
yt-remote-connected-devicesneverYouTube sets this cookie to store the user's video preferences using embedded YouTube videos.
yt-remote-device-idneverYouTube sets this cookie to store the user's video preferences using embedded YouTube videos.
yt.innertube::nextIdneverYouTube sets this cookie to register a unique ID to store data on what videos from YouTube the user has seen.
yt.innertube::requestsneverYouTube sets this cookie to register a unique ID to store data on what videos from YouTube the user has seen.

Others

Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.

CookieDurationDescription
VISITOR_PRIVACY_METADATA5 months 27 daysDescription is currently not available.

SAVE & ACCEPT
Powered by