Magyar Posta strengthens position on express, package delivery market
Hungarian state-owned postal company Magyar Posta yesterday said it was able to strengthen its position in the local express and package delivery business to take more than 30% of market share.
Magyar Posta added that it hopes to remain market leader with the expansion of e-commerce. The company's circle of partners who sell online grew by almost 20% last year, and the number of online orders it delivered rose nearly 60%. News agency MTI noted that Magyar Posta has 2,700 pickup and drop-off points around the country.
MET Group Records 2nd Most Profitable Year in 2023
Gov't Considering Fuel Price Intervention
25,000 Apartments Being Built in Budapest
Time Out Market to Open in Budapest Next Year
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
