The Hungarian logistics company Waberer’s International and the Swedish household appliances manufacturer AB Electrolux have signed a €75m strategic agreement in Budapest. According to the 3-year agreement Waberer will remain Electrolux’s largest European delivering company. This is the third such agreement between the companies. Besides providing transportation within Hungary, Waberer ships Electrolux products to Germany, Italy, Spain, Poland, Sweden, France, Finland and England. Waberer sends approximately 25,000 shipments to those countries annually.