(MTI) – Russian retailer Magnit is postponing plans to build a logistics centre in Hungary because of Russia’s embargo on imports of a range of farm products from the European Union, Russian real estate news portal 1rre.ru said.

Related article: 
Russia’s Biggest Food Retailer Will Open A Logistic Center In Hungary 

If the situation changes for the better, the company is prepared to go ahead with the logistics base, a spokesperson for Magnit told the portal.

The forwarding base near Zahony, a major border crossing to Ukraine, was planned for a fleet of 1,000 transport vehicles. The plans to build the base were announced late in 2013.

Photo: www.truck-spotters.eu

Source: http://mtva.hu/hu/hungary-matters

Leave a Reply

Your email address will not be published.