- Full Time Employees
- 6,310
- Sector
- Transportation
- Industry
- Trucking
- Address
- Budapest Hungary
- IPO Date
- Jul 6, 2017
- Business
- Waberer's International Nyrt. is a Hungary-based integrated transportation, logistics, and insurance services provider operating across Europe. Founded in 1948 and headquartered in Budapest, Hungary, the company operates primarily through three core business segments: International Transportation and Freight Forwarding, Regional Contract Logistics, and Insurance.
The company provides a comprehensive portfolio of supply chain and financial products, structured systematically across its divisions: International Transportation services, including full truckload (FTL) long-haul road freight, less-than-truckload (LTL) transport, international freight forwarding, temperature-controlled cargo shipping, hazardous materials (ADR) transport, and cross-border intermodal road-rail solutions; Regional Contract Logistics services, comprising domestic distribution, ambient and temperature-controlled warehousing, cross-docking, in-house manufacturing logistics, inventory management, customs brokerage, and value-added packaging and labeling; Rail Logistics services, offering specialized bulk freight transportation, containerized rail forwarding, wagon fleet management, and railway traction services across Central and Eastern Europe; Insurance and Financial products, providing motor third-party liability (MTPL) insurance, comprehensive Casco coverage, general liability, property and casualty insurance, cargo insurance, and life insurance policies through its licensed insurance subsidiaries; and Passenger Transportation services, providing organized employee transit and charter coach rentals.
In recent strategic developments, Waberer's International has executed an active diversification and growth strategy aimed at establishing a multimodal regional footprint. The company expanded its European rail logistics capabilities through the acquisitions of Petrolsped Group (PSP Group) and GYSEV CARGO, positioning the group as a major rail freight operator in Central and Eastern Europe. In regional road distribution, Waberer's acquired a majority stake in Serbian logistics provider MD International, significantly expanding its distribution network in the Western Balkans. In the financial sector, the group strengthened its non-life and life insurance operations by acquiring majority and controlling stakes in Magyar Posta Biztosító and Magyar Posta Életbiztosító. Furthermore, the company entered the passenger transit sector through the acquisition of Pannon-Busz Rent and significantly expanded its warehouse infrastructure by developing state-of-the-art logistics centers in Ecser and Debrecen, Hungary, to serve regional automotive, electronics, and fast-moving consumer goods (FMCG) industries.