Waberer’s would go to the Stock Exchange

The Waberer’s International Inc. reapplies the introduction of the company’s ordinary shares to the Budapest Stock Exchange (BSE) in the premium category; The company expects to invest 50 million euros in fresh capital in addition to the sale of existing shares, the company announced on Tuesday.

In a statement sent to MTI, Lajkó Ferenc, the CEO of the company highlighted that the company sees great opportunities in the growing European road haulage industry, boosting their market position by acquiring the Polish Link company.

Based on the revenue of 2015, Waberer’s is the largest logistics company in Hungary, the market leader in the Hungarian market for road freight and logistics services.

The company operates a pan-European network, last year the company operated on average 3549 lorries and trucks, of which 2970 in the international segment. (MTI)