Hungarian Post airport centre inaugurated at Budapest Airport.

Thursday 8th September, 2011

The new Hungarian Post International Exchange was inaugurated near Terminal 2 of Budapest Airport on September 6th. The facility itself was ready in October 2010 but it was reserved for the Hungarian EU-Presidency prior to its inauguration by Hungarian Post. Testimony to the quality of the building is that it served as a temporary Government Lounge for six months. Having completed a series of successful test-runs the facility now forwards airmail to and from Hungary.

The Hungarian Postal Exchange Center comprises 3,200 square meters of storage and sorting and 1.600 square meters offices. It is located near Terminal 2 at Budapest Airport and is linked to the airside of the airport to facilitate the speedy delivery of airmail directly to the aircraft cargo holding bay. All incoming and outgoing mail deliveries are subject to thorough security checks.

Development of the Hungarian Post International Exchange started in 2008 when Budapest Airport launched the BUD Future development programme. The new International Postal Exchange is not only a modern mail handling facility but it also helps Hungarian Post to save operational costs by combining into one site the earlier downtown and airport facilities. Construction works were started by Market Építő Plc. in 2010 and were completed in seven months, on time and within the 4.5 million Euro budget. The new facility was officially inaugurated by Mr. László Geszti, the new CEO of Hungarian Post and Mr. Jost Lammers, CEO of Budapest Airport. The Hungarian Post airport center provides new jobs for 272 people.

René Droese, Property Director of Budapest Airport said: “Hungarian Post is an important partner for us with whom we have signed a 10 year lease agreement. The postal facility fits well into our other major development projects. We are developing an entire Cargo City with all necessary logistics, a state-of-the-art Office Park near Terminal 2, an Airport Business Park on the Southern edge of the airport, an on-site 3-4 star hotel opposite Terminal 2B, relocation of Malév Hungarian Airlines and Wizz Air headquarters to the airport and the construction of a new air cargo logistics facility where two major ground handlers, Celebi and Malév Ground Handling will be relocated. The development plan is worth 300 million Euros. When completed it will create some 10, 000 new jobs at and around the airport'.

About Budapest Airport:

Budapest Airport Plc., the operator of Ferenc Liszt International Airport is owned by a consortium of German (KfW IPEX-Bank 4%) Canadian (Caisse de depôt et placement de Québec 18,167%), American (Aero Investment S.a.r.l. 10 %) and Singaporean (Malton Investments Pte Ltd. 18,167%) investors led by HOCHTIEF AirPort GmbH (49,666%). Currently, the two terminals of the airport are home to 32 airlines, which transported nearly 8.2 million passengers to more than 92 destinations in 40 countries in 2010.

Through its BUD Future project Budapest Airport aims to be the aviation hub of the CEE region. Leading projects include:

SkyCourt - a new centrally located building which formally opened on 27 March 2011, and links the existing terminals 2a and 2b. The contemporary glass structure offers an impressive view of the apron and aims to provide passengers with a unique travel experience.

Cargo City – New on-airport cargo facilities will feature 140.000sqm of cargo and logistics terminals designed for airlines, handlers and integrators.

Budapest Airport incorporates two terminals. Terminal 1 is a dedicated low cost carrier terminal and Terminal 2 services the traditional carriers. The airport is also the base for Malev, Hungary’s national airline and part of the One World alliance and is home to a further 32 airlines, serving over 92 destinations which represents 40 countries worldwide.

www.bud.hu