Contract signed for EU-funded railway section modernization in W Hungary

Deals

The contract for the design and implementation of the European Train Control System (ETCS) to be installed on the Bajánsenye-Boba railway section (W Hungary) was signed in Budapest on Monday at the headquarters of the investor National Infrastructure Development (NIF) Zrt.

Thales Austria GmbH is to install the ETCS-2 system on the railway section by September 30, 2014. The value of the project contract is HUF 5.1 billion, 85% of which is financed by the European Union.

The European Train Control System (ETCS) is a signal, control and train protection system designed to replace the many incompatible safety systems currently used by European railways, especially on high-speed lines.

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