Airport and freight giant on a common path: Hungary would become a multimodal superpower
Waberer’s International and Budapest Airport have signed a strategic agreement: the aim is to make Hungary the most competitive air cargo distribution hub in Central Europe. The two companies have signed a letter of intent for the dynamic development of domestic air cargo transport and logistics – a strategic area that the parties consider to be one of the most important sectors of the national economy.
The agreement focuses on identifying and exploiting synergies that can lead to long-term, joint value creation. Budapest Airport has significantly increased its air cargo transport performance since becoming state-owned and aims to further strengthen its position as a regional cargo gateway.
Waberer’s – which launched its air and sea freight business two years ago – is now the first to enter the air cargo market ecosystem as a complex, purely domestic logistics service provider. According to the company, the demand for both special and regular air freight is growing, which they intend to serve with their service expansion and diversification strategy.
“The airport is not only the center of domestic cargo handling, but also one of the most dynamically developing cargo gates in the region. Our goal is to provide significant value growth for the air logistics ecosystem as a partner of Budapest Airport,” said Zsolt Barna, President and CEO of Waberer’s Group.
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