Further steps planned for privatization of Dunakeszi Járműjavító

Initiatives

Hungaryʼs National Asset Management Company (MNV) will take further measures in the interest of selling rolling stock company Dunakeszi Járműjavító, MNV told state news wire MTI.

In the interest of closing the transaction, MNV said it would not reveal any further details.

The transaction serves "to achieve development policy goals", MNV said.

MNV noted that the state of Hungary and state-owned railway company MÁV want to sell Dunakeszi Járműjavító to TMH Hungary Invest, the local unit of Russian train maker Transmashholding.

A consortium of the Transmashholding unit and Dunakeszi Járműjavító won a contract from Egyptʼs state-owned railway company last year for the delivery of 1,300 carriages.

Business daily Világgazdaság said late in November that Swiss rolling stock company Stadler will make a bid for Dunakeszi Járműjavító, without going into detail. Stadler also has a partnership with its Hungarian peer.

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

EC Calls on Hungary to Comply With CJEU Ruling on Asylum See... EU

EC Calls on Hungary to Comply With CJEU Ruling on Asylum See...

Hungary's Largest ESG Consultancy Formed by Merger of EY, De... Deals

Hungary's Largest ESG Consultancy Formed by Merger of EY, De...

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.