CTP and Hisense Group Expand Partnership with New 15,000 sqm Facility in Budapest

Wednesday, Sep 3, 2025 1:01 am ET1min read

CTP has signed a lease with Hisense Group's Gorenje for a new 15,000 sqm facility at CTPark Budapest West in Hungary. The facility will serve as a modern energy-efficient central logistics and storage hub, supporting Gorenje's operations and enhancing its supply chain efficiency. The deal represents another milestone in the long-term partnership between Gorenje and CTP.

Nippon Express, a leading global logistics company, is at the forefront of the cross-border e-commerce logistics market. The company has announced its strategic expansion plans, targeting a $210.11 billion market by 2029 with a compound annual growth rate (CAGR) of 19.4% [1]. Nippon Express is leveraging technological innovation and strategic acquisitions to drive this growth.

The company's Digital Commerce Transformation (DCX) platform, launched in 2025, streamlines international shipping by integrating AI forecasts, customs automation, and inventory optimization for global sellers [1]. This platform addresses critical pain points in the logistics value chain, such as high transport costs and complex customs procedures, while offering optional services like inventory management and AI-powered shipping forecasts.

Nippon Express's 2024 acquisition of cargo-partner, an Austrian logistics firm, expanded its presence in Central and Eastern Europe, a region projected to see significant cross-border e-commerce growth [5]. This acquisition, coupled with its existing air freight routes, strengthens Nippon Express's ability to serve as a one-stop logistics provider for global e-commerce players.

The company's financial performance reflects its strategic investments. Revenue rose 15.12% to ¥2.58 trillion in 2024 despite short-term volatility, outpacing peers in high-margin e-commerce logistics [2]. While the company's debt-to-equity ratio of 105.12% highlights financial risks, its aggressive expansion into high-growth regions and sustainability initiatives position it for long-term success [3].

Nippon Express's strategic expansion in cross-border e-commerce logistics is a proactive response to market trends. By combining technological innovation, strategic acquisitions, and a customer-centric approach, the company is building a scalable infrastructure to meet the demands of a hyperconnected global economy. For investors, Nippon Express's disruptive logistics solutions represent a catalyst for long-term value creation in a market poised for explosive growth.

References:
[1] Nippon Express launches new service to support overseas e-commerce logistics expansion [https://www.nipponexpress-holdings.com/en/press/2025/29-Aug-25-1.html]
[2] Nippon Express Holdings Past Earnings Performance [https://simplywall.st/stocks/us/transportation/otc-npeh.f/nippon-express-holdings/past]
[3] Global Cross-Border E-Commerce Logistics Market Report [https://www.thebusinessresearchcompany.com/report/cross-border-e-commerce-logistics-global-market-report]
[5] Expanding Horizons: NX Group's Role In Global Logistics [https://www.forbes.com/sites/nx-group/2025/06/02/expanding-horizons-nx-groups-role-in-global-logistics/]

CTP and Hisense Group Expand Partnership with New 15,000 sqm Facility in Budapest

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