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🇭🇺 Hungary /Economy & Trade

Waberer’s responds to István Kapitány’s complaint

From Magyar Nemzet · () Hungarian

Translated from Hungarian and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Context piece
  • Waberer’s said the funding raised in 2026 will finance warehouse and logistics development, regional acquisitions, and the renewal and expansion of its truck and bus fleets.
  • The company said it did not use a special development-bank scheme and described the financing as repayable bond funding rather than a subsidy.
  • Waberer’s said it employs 6,000 people and generates more than 32 billion forints in annual tax and road-toll revenue for Hungary’s budget.

Waberer’s has responded to István Kapitány’s complaint by stressing that the financing at issue was not a subsidy, but repayable funding raised through bonds.

The company said the funds brought in during 2026 provide the financial backing for its next publicly announced development program. The plans include expanding warehouse and logistics infrastructure, pursuing regional acquisitions, and replacing and enlarging the company’s truck and bus fleets.

Waberer’s also rejected the suggestion that it had used a special Hungarian Development Bank, or MFB, structure. It said the MFB and other state-owned financial and investment-promotion institutions have provided repayable or non-repayable development financing to hundreds of Hungarian and international companies in recent years.

In the closing section of its statement, the listed company highlighted its contribution to the Hungarian budget. Waberer’s said it employs 6,000 people and generates more than 32 billion forints in annual tax and road-toll revenue. Including investments made from the bonds over their term, the company estimated the total at nearly 500 billion forints, alongside further growth in its workforce.

The company said it operates lawfully and is ready to cooperate with the authorities, providing all information requested in any official inquiry.

About this summary

Originally published by Magyar Nemzet in Hungarian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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