MSD inaugurates distribution center in Hungary
American drugmaker MSD inaugurated a regional distribution center on the outskirts of Budapest yesterday.
The company reported that the center was set up with the co-operation of international express delivery company UPS.
MSD Pharma Hungary managing director Thomas Straumits said the center would serve 14 countries in Central and Eastern Europe.
The size of the investment was not disclosed. MSD Pharma Hungary has annual revenue of about HUF 25 bln, making it Hungary's fifth-biggest pharma company.
Hungary Gasoline Prices 3% Over Regional Avg
Hungary to Address Future of Cohesion Policy During EU Presi...
120,000 Guest Workers Employed in Hungary
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
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.
