DHL Express Hungary increased its revenues in the first six months of 2007 by 25.4% year-on-year toHUF 6 billion (EUR 24.4 million), according to a report from the Hungarian News Digest.
The company’s marketing manager, Joseph Borocz, was quoted as saying that DHL’s market sharewould rise over 50 % within the next five years.
DHL is in the midst of investing in its Hungary operations. In September it is due to startoperating its new EUR 18.3 million logistics base near Hungary’s second-largest airport FlyBalatonin Sarmellek on the shore of Lake Balaton, in western Hungary. The facility comprises 7,000 sq m ofstorage space and 1,400 sq m of offices.
In addition, DHL plans to build a 2,400 sqm, EUR 4.75 million air cargo cross-dockingfacility at Sarmellek airport, the construction work of which will begin in September, as well asEUR 17.8 million logistics centre in Budapest that is also expected to be built this year.
