MÁV Vagon will remain a unit of MÁV-Volán and its staff will not be affected by the ownership change, MÁV-Volán said.

MÁV Vagon had a net sales revenue of HUF 43.8 billion last year, public records show.

Magyar Vagon is the owner of rolling stock maker Dunakeszi Jarmujavito, based on the outskirts of the capital.

The contract on the sale is expected to be signed in mid-October.