Euronics opens modern, robotized warehouse in Üllő
Exclusively Hungarian-owned technical goods chain Euronics opened its new 28,000 sqm warehouse in Üllő, near Budapest, this week, according to a press release sent to the Budapest Business Journal.
With an investment of HUF 1.6 billion, the company has created one of the most modern warehouse bases in Hungary.
The company has been supplying its network with products from two warehouses, but from now on all logistics operations will be carried out in one place, with an almost doubled area, creating the conditions for more efficient working and reducing conditions that meet the requirements of the times.
The new facility will also ensure the long-term stability of the company's stocks. When planning the investment, Euronics took into account its own growth and capacity needs for the next two to five years.
The new warehouse allows the storage of around 30,000 different product types and a total of 300,000-400,000 pieces of products, which will make it easier for the company to prepare for periods of surge or unexpected increases in demand.
The warehouse also uses unique robotic solutions, which Euronics is the first in the technical appliances market to offer. The automated warehouse allows for faster picking, processing, and preparation of orders, increasing the number of dispatches by about 30% per day.
"Our warehouse base that we opened today is ultimately for the benefit of everyone involved: the company, our customers, our suppliers, and our employees. The growth of digitization and automation is an important element of our growth strategy. Our sales volume, both in terms of online- which has more than doubled since 2018 - and offline, is growing steadily. We ended the previous year with higher sales than ever before, with an 11% increase in turnover. An increased sales volume requires the use of these modern systems," said Bálint Fazekas, chief commercial officer of Euronics.
Erste Bank Hungary Q1 Earnings Close to HUF 29 bln
Hungary Welcomes Extension of China's Visa Exemption Policy
Living's Kassák Terrace and Park West 3 Classified as Brownf...
Aldi Opening Biggest Store in Budapest
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.
