ADVERTISEMENT

Hungary participates in railway working group meeting in Istanbul

Transport

pixabay

The inaugural meeting of a working group established by Turkey to utilize better rail cargo connections with Bulgaria, Serbia and Hungary took place in Istanbul on Tuesday, Technology and Industry Minister László Palkovics told MTI by phone.

Palkovics said representatives of the four countries discussed what infrastructure would be necessary to build. He added that the importance of the quality of rolling stock must be acknowledged.

He noted that goods need 45 days to reach Europe from China by sea, but just twelve days by rail. He also pointed to the goal of raising the share of freight transported by rail in the European Union from 20% to 50% by 2050.

The working group participants also agreed to review the possibility of making developments in the passenger segment, Palkovics said.

The working group will next meet in October, on a train on the Budapest-Belgrade line, he added.

Parents Spend HUF 5,000-10,000 on Children's Day Figures

Parents Spend HUF 5,000-10,000 on Children's Day

EC Advances Infringement Procedure Over Hungary's Sovereignt... EU

EC Advances Infringement Procedure Over Hungary's Sovereignt...

Hell Energy Inaugurates HUF 80 bln Capacity Expansion Manufacturing

Hell Energy Inaugurates HUF 80 bln Capacity Expansion

Puskás Arena to Host 2026 Champions League Final In Budapest

Puskás Arena to Host 2026 Champions League Final

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.