Seven bidders invited for second round of Hungary’s MÁV Cargo tender
The board of Hungary's state-owned railway MÁV decided at a meeting on Friday to invite seven bidders, instead of the originally planned five, to make offers in the second round of a tender for MÁV Cargo, its spun-off freight division, the group said.
MÁV said the board selected two more bidders for the second round because the offers were very close. Twelve bidders submitted offers in the first round of the tender, ended July 23. The deadline for bidding in the second round is October 19.
MÁV said the seven bidders were: Cargo Central Europe consortium; Grampet S.A., Bucharest; Magyar Rail Cargo Vagyonkezelő Kft Budapest; MC SOLUTION consortium, comprised of CER Central-European Railway Transport, Trading and Service Co. Budapest, International Railway Systems S.A. Luxemburg, TIARA Gazdaságszervező és Tőkebefektetési Zrt Budapest and Babcock and Brown Ltd. London; NEW WORLD RESOURCES TRANSPORTATION BV Amsterdam; a consortium of Rail Cargo Austria AG and GYSEV Zrt, Budapest-Sopron; SPEDI-TRANS s.r.o, Praha.
Privatization committee wanted to let only five bidders to take part in the second part of the tender, but due two reasons seven bidders were passed. Two newspapers (Romanian Ziarul Fianciar and Népszabadság) were accused of publishing false information about best bids (Romanian and Slovak) even though envelopes with offers were not yet open. Miklós Kamarás, CEO of MÁV Holding ordered starting detailed investigation who is responsible for distributing these information. Privatization of MÁV Cargo is strongly criticized by the biggest opposition party, FIDESZ-MPP.
Members of this party say that such strategical (and making profit) state assets like Cargo should never be sold. That may be the reason why two Hungarian bidders were allowed to the second part of the tender. Selling MÁV Cargo to GySEV/ROeEE - ÖBB Rail Cargo Austria consortium or Magyar Rail Cargo Vagyonkezelő Kft seems to be politically the least risky one. Hungarian media point due to very good relations with Austria, the Austro-Hungarian consortium may be the winner. (railway-market.pl)
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