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LX Pantos Opens Railway Terminal in Hungary

- Adjacent to Europe’s largest battery production hub along the Trans China Railway (TCR) route   

- Spanning 36,000 ㎡, with a storage capacity of 1,450 TEU and facilities to handle three block train shipments daily

- Part of a massive infrastructure investment aimed at developing a Europe-wide multimodal logistics network

On Sunday, April 21, 2024, LX Pantos announced the opening of its new, expansive railway terminal in Tata, Hungary. The LX Pantos Tata Terminal, strategically located near Europe’s largest battery production hub and pivotal railway corridors, will significantly boost the company’s competitive edge in European logistics.

The ribbon-cutting ceremony took place at the Mercure Hotel Magyar Király in April 19, with notable attendees including LX Pantos’s Executive vice president Jae-hyuk Auh, Executive Director Seung-hyun Roh, and Christoph Grasl, a member of the Executive Board of the Rail Cargo Group (RCG), an affiliate of Austrian Federal Railways (ÖBB).

Located 65 kilometers southwest of Budapest, the terminal covers an area of 36,000—roughly the size of five soccer fields—and features two dedicated rail tracks. With a capacity to accommodate 1,450 TEU, the facility is prepared to manage three block train shipments* daily. LX Pantos signed a decade-long terminal usage rights agreement with RCG subsidiary Logisztár Kft. and is entitled to an exclusive option for a ten-year renewal.

※ A block train shipment consists of a single train dedicated to carrying containers from one destination to another without any intermediate stops or changes in railcar composition.

As the fourth-largest battery production hub globally, following China, Poland, and the U.S., Hungary is emerging as the center of the burgeoning electric vehicle and battery industry in Europe. Accordingly, the region has been experiencing a significant surge in logistics demand, necessitating enhanced railway terminal capabilities to address site limitations and capacity challenges of existing facilities.

With the opening of the Tata Terminal, LX Pantos is set to capitalize on its logistical advantages—proximity to Europe’s largest battery production hub—thereby enhancing cargo handling efficiency. The company plans to develop various railway products to expand its logistics operations across Europe.

Specifically, the blueprint involves connecting major inland cities in Europe via the Trans China Railway (TCR) and launching a new maritime-rail multimodal transportation service from Slovenia’s Port of Koper, a key gateway for Eastern European maritime logistics, to major battery production centers throughout the continent.

※ The Trans China Railway (TCR) is an international railway that extends from Eastern China through Central Asia and Russia to Europe.

Speaking about this significant development, an official from LX Pantos said, “The inauguration of the Tata Terminal marks a significant milestone for LX Pantos. As it strengthens our sales capabilities toward the electric vehicle and battery sectors, we are committed to expanding our footprint in the European logistics market through differentiated logistics services.”

[Photo 1] Executive vice president Jae-hyuk Auh is giving a commemorative speech at the 

‘LX Pantos Tata Terminal Opening Ceremony’ held at the Mercure Hotel in Hungary on the 19th (local time).

[Photo 2] Aerial photo of ‘LX Pantos Tata Terminal’