New tenant at CTPark Budapest East industrial park
Electronics and home appliance retailer Euronics has signed a contract for nearly 28,000 m² of warehouse space in CTP’s CTPark Budapest East industrial park in Üllő, on the outskirts of Budapest.
Euronics will develop a fully automated warehouse right next to Lenovo’s first European factory, and the building is expected to come into service in early 2022, CTP told the Budapest Business Journal.
“E-commerce has grown significantly in recent times, and the role of automation is growing in parallel. This trend is also affecting our tenants, so it is no surprise that Euronics, specialist in technical goods, is expanding its portfolio with a fully automated warehouse in our park in Üllő, which, thanks to its central location, allows us to better respond to needs. incoming requests, ”said Dávid Huszlicska, Country Manager Hungary at CTP.
Bálint Fazekas, Commercial Director of Euronics added: “According to the latest research from GKI, euronics.hu is currently in sixth place on the list of the largest online stores in Hungary. We have always reacted as quickly as possible to changes in purchasing. habits, which has allowed us to gain six places in the ranking in two years. The next important step in our growth strategy is the development of our new warehouse in the industrial park CTPark Budapest East, for which all conditions are met and CTP can meet all our development-related demands. The increased sales volume – nearly three times as many online orders were placed in the Euronics online store during the store’s spring closure compared to the same time last year – requires use automated systems, the deployment of which will begin later this year, with full operation scheduled for early 2022. “
CTPark Budapest East is located in Üllő, 8 km south-east of Budapest, at the intersection of the M0 ring road and the M4 motorway.
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