Magnit puts off plan for Hungary logistics base
(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:Â
Russia’s Biggest Food Retailer Will Open A Logistic Center In HungaryÂ
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:Â www.truck-spotters.eu
Source: http://mtva.hu/hu/hungary-matters
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Hungarian central bank launches new 200-forint coin alongside commemorative coins – PHOTOS
Alternative energy company inaugurates battery storage facility in W Hungary
Türkiye’s fashion giant Koton opens first store in Hungary, with more to come – PHOTOS
Canada taking interest in Hungary’s aid policies benefiting persecuted Christians
Experts worried that PM Orbán’s brutal wage rise will bring inflation and a HUF 500/EUR exchange rate
PM Orbán leaves Hungary this weekend to meet important friend
