Feature, Freight News, Logistics, Road

Palletways is hungry for growth in Hungary

[ November 22, 2022   //   Chris Lewis ]

The Palletways Group – which belongs to DP World’s Imperial – is celebrating four years of operations in Hungary.

Over the past four years, the 110-strong team have made 550,000 domestic and international pallet deliveries for over 700 companies using a fleet of 80 vehicles.

The operation is based at Biatorbagy in the western suburbs of Budapest, and now works with 14 local transport companies, up almost 30 per cent since its launch in 2018, providing total coverage of the country.

Palletways Group chief executive Luis Zubialde, said: “The performance of the Hungarian network over the past four years has exceeded expectations and it has fast become an integral part of the Palletways Group.

“The country is the 35^th largest export economy in the world with a heavy emphasis on foreign trade. International services are an incredibly important and attractive part of our network operations and branching out into this new territory opened up a range of opportunities. While Germany and Italy are significant markets for Hungary due to the geographic locations, the network has enabled our members and their customers across our other networks in the UK, the Benelux and Iberia access to a larger pool of consumers and businesses.

“Our ambitious plans for further expansion into new territories remain. We’re committed to entering new territories, to open up opportunities for our members and their customers so they can ship to even more destinations across the globe.”

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