State-owned rolling stock maker to partner with Stadler

Deals

Hungarian state-owned rolling stock company Dunakeszi Járműjavító and Stadler Trains, the local unit of Swiss peer Stadler Rail, have signed a declaration of intent on production cooperation, Hungarian news agency MTI reported today citing the companies’ joint announcement.

The companies expressed an intention to bid together in tenders for Budapest's underground and suburban rail lines as well as for state-owned railway company MÁV. In accordance with the partnership, Stadler will plan and produce the carriage bodies, while Dunakeszi Járműjavító will outfit them.

The two companies expect Hungarian content in deliveries to reach 60-70%. The report added that the two companies are already partnering in a contract to supply Egypt's railway company.

MNB Joins Capacity-building Alliance of Sustainable Investme... MNB

MNB Joins Capacity-building Alliance of Sustainable Investme...

EC to Propose Opening Excessive Deficit Procedure Against Hu... EU

EC to Propose Opening Excessive Deficit Procedure Against Hu...

German, Austrian Travelers Spend Most Money in Hungary Automotive

German, Austrian Travelers Spend Most Money in Hungary

Int'l Travelers to Europe Prioritize Safety, Quality This Su... Tourism

Int'l Travelers to Europe Prioritize Safety, Quality This Su...

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.