BUDPORT Handling

Type
Business expansion
Country
Hungary
Region
Közép-Magyarország; Budapest; Budapest
Location of affected unit(s)
Budapest
Sector
Transportation / Storage
52 - Warehousing, storage and support activities for transportation
52.2 - Support activities for transportation
52.23 - Service activities incidental to air transportation
150 jobs
Number of planned job creations
Job creation
Announcement Date
16 February 2017
Employment effect (start)
16 February 2017
Foreseen end date
31 May 2017

Description

The ground handling service company BUDPORT Handling Kft. is implementing a development plan of HUF 1 bn (EUR 3,24 million) from its own resources at Budapest Ferenc Liszt International Airport. This includes purchasing ground support equipment and machinery – tugs, tractors, transporters, mobile stairs, etc. - to service any type of aircraft. Reporting HUF 232 million (EUR 0,75 million) profit on HUF 1,357 bn (EUR 4,4 million) revenue in 2015, BUDPORT is currently employing 100, which is expected to rise to 250 by the end of May 2017.

Sources

  • 16 February 2017: origo.hu
  • 17 February 2017: BBJ

Citation

Eurofound (2017), BUDPORT Handling, Business expansion in Hungary, factsheet number 90340, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90340.