Representative Office Budapest

The Port of Hamburg – overseas centre for Hungary as logistics hub

Excellent hinterland connections and well-established logistics chains make the Port of Hamburg an attractive market partner in Hungary. Hungary is a central hub in the distribution of international goods flows within Europe.

The favorable geographical location between the countries of Central, Southern and Eastern Europe and the TEN corridors running through Hungary make a significant contribution to this. The excellent connections in hinterland traffic and the well-established logistics chains make the Port of Hamburg an attractive market partner in Hungary.

The most important mode of transport to/from Hungary is rail, with 26 block trains running to/from Budapest every week. More than 85 percent of the goods handled in Hamburg are transported by rail, and the share for containerized cargo is even almost 100 percent. In addition to the Budapest terminals, Dunajska Streda and Kosice in Slovakia are also important terminals.

The Hungarian economy has reached an unprecedented growth of 7.1% in 2021, which has not been seen in the last thirty years. Thus, the Hungarian economy has grown more than 2% faster than the EU average. The Port of Hamburg also recorded a respectable increase in container volumes transported to 130,131 TEU to/from Hungary (+18%). Growth is expected to slow in the second half of 2022, and the big question is whether the Hungarian economy will lose momentum and slip into recession. Given the risks surrounding growth (high domestic inflation, rising electricity and gas prices, slowdown in lending, European gas crisis), a slowdown would not be surprising. According to the latest cautious forecasts, economic growth is expected to be around 2-3 percent in 2022, although the negative impact of the war in neighboring Ukraine cannot yet be fully quantified. Translated with www.DeepL.com/Translator (free version)

Activities of the Port of Hamburg representative office in Hungary

Since 1992, the staff based in Budapest have been representing the interests of the seaport transport industry in Hamburg and the region in Hungary. The experts have their "ear to the market" and maintain good contacts with numerous companies from industry and trade, the transport and logistics sector as well as with business organizations and political decision-makers in order to provide information on current developments in the Port of Hamburg. The members of the marketing organization, who are regularly supplied with the latest market and industry data for Hungary, also benefit from the continuous establishment and expansion of contacts. Other services for members are, for example, the analysis of potential customers, the organization and preparation of customer visits or events in Hungary.

Port of Hamburg Marketing usually organizes several events annually in Hungary, including the Port of Hamburg Evening in Budapest - unfortunately this was canceled in 2020 and 2021 due to the restrictions to the pandemic - although the evening is one of the most popular events in the logistics industry in Hungary. The focus here is on the exchange of market information and contacts between the participants.

Hopefully, visitor programs in the Port of Hamburg for customers from Hungary can be organized again soon, or delegation trips by Hamburg's business community to Hungary can be accompanied.

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Contact

Krisztina Kovács

Krisztina Kovács

Head of the Representative Office*

+36 1 2662 039
E-Mail

As head of the Budapest office, it is important for me to raise awareness of the advantages of the Port of Hamburg among Hungarian transport players, informing shippers of its reliability.

Zsuzsanna Lőrincz

Zsuzsanna Lőrincz

Assistant Representative Office

+36 1 2662 039
E-Mail

I make sure that the routine work in the Budapest office runs seamlessly, and I am proud to be able to offer Hungarian customers the breadth and depth of Port of Hamburg services.

Address

Port of Hamburg Marketing

Representative Office Budapest

Március 15. tér 1.

1056 Budapest

Hungary

+361 2662039

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