Waberer’s enters rail logistics with 51% stake in Petrolsped

Hungarian road haulage and logistics group Waberer’s International has signalled its move into rail freight by acquiring a 51 per cent stake in Petrolsped Budapest. Petrolsped (PSP) provides rail logistics services mainly in Hungary and Romania, either directly or through its subsidiaries, Pultrans and PSP Cargo Romania. Zsolt Barna, Waberer’s chairman and CEO, said that […]

‘Chinese investments in EU infrastructure need to be better understood’

The European Parliament’s Transport and Tourism Committee (TRAN) commissioned a study on Chinese investments in non-maritime infrastructure in Europe and the possible risks they might entail. The biggest risks identified concern Chinese influence on EU countries which, according to the study, needs to be better understood. The main conclusion that can be drawn from it […]