Russia’s biggest retail chain to set up carrier in Hungary
Budapest, December 20 (MTI) – Magnit, the biggest retail chain of Russia, will establish a transport company in Hungary, state secretary for foreign affairs and external economic relations Peter Szijjarto said today.
Magnit will operate a fleet of 1,000 trucks and the related infrastructure, creating 1,500 jobs in eastern Hungary, he told a news conference.
Szijjarto, who is also a government commissioner in charge of Hungarian-Russian economic ties, called the agreement a new milestone in the government’s strategy of eastern opening.
The new company will transport food products purchased in Hungary and other EU member states to the Magnit network in Russia, he said.
Photo: MTI – Szilárd KoszticsákÂ
Source: http://hungarymatters.hu/
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
Király Thermal Bath: the iconic spa may regain its pomp with Turkish help – PHOTOS
Balázs Orbán: Guaranteeing Hungary’s security a priority
What happened today in Hungary? — 18 April, 2024
Probe launched into suspected foreign financing attempt in Hungary
VIDEO: What’s happening in Hungary? Food delivery rider on the motorway
ESG law strengthens the competitiveness of Hungarian businesses