Pepco to open new logistic center near Budapest

Pepco to open new logistic center near Budapest

Published at: 2019-04-18 11:45 | Author: CIJ Serbia
The discount retailer Pepco has chosen a location in Gyal, Hungary, as its regional logistic center in a HUF 27.2bn investment. The Hungarian government has agreed to provide HUF 1.9bn to support the project, which involves the construction of a 100,000 sqm warehouse. Pepco plans to supply its regional operations from the facility because of its central location and strong accessibility. Pepco maintains 140 stores in Hungary and another 500 in Czech Republic, Bulgaria, Romania and Slovakia. The new logistic center is expected to employ 400 within a year and up to 1,000 in time. Pepco employs around 16,000 across CEE and the Baltics.

Similar Stories:

Panattoni Europe develops Park Bydgoszcz II
Panattoni Europe is developing a new logistics park in Bydgoszcz, Kujawy-Pomerania region.  »
European logistics sector outperforms office and retail
The European logistics sector continues to perform well with strong rental growth and inve  »
Industrial supply in Sofia catching up with demand
Industrial developers have added, 72,500 sqm of stock in and around Sofia over the past th  »
InPost expands central plant at P3 Piotrków warehouse park
InPost has expanded its central sorting plant at the P3 Piotrków warehouse park by more t  »
CTP has expanded hugely in recent years, both in terms of the size of the portfolio and ge   »
There’s a lot of discussion about innovation in the office sector and in retail, but thi   »
Last year was a big year for you, as you established yourselves on the UK market. What wer   »
CIJ: E-commerce continues to be the dominant topic in logistics, especially city logistics   »