Rampini to open bus factory in Hungary

Automotive

pixabay

In the past few days, Stefano Rampini, Chief Executive of Rampini, – one of the largest bus producing factories in Italy – has been in negotiations with the companyʼs partners regarding the possibility of setting up a manufacturing base in Hungary, according to reports.

Rampini said the plan is to use Hungarian suppliers for the most part, while the exact location of the manufacturing base remains undisclosed, Hungarian online daily index.hu reported. Initially these electric buses will be produced for the Hungarian market, only later will this be expanded to western Europe. 

The Rampini brand name surfaced earlier in Hungary, the online daily noted. In 2014 Siemens-Rampini won the tender for 21 electric buses by Budapest Transport Center BKV. However, without government support and approval, BKV was not able to purchase the vehicles. As a result, the partners could not complete the deal before the purchase deadline. Rampini, however, has shown full confidence in the Hungarian market, index.hu reported.

Rampini’s plant is not the first such planned for Hungary. BYD, a Chinese electric bus company, has also shown interest in building a manufacturing base in Komárom, Hungary. The factory would produce electric buses, cars, and trucks and employ 300 workers. Similarly to Rampini, BYD also won a tender earlier, but in the end BKV did not purchase the buses, index.hu said.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

120,000 Guest Workers Employed in Hungary HR

120,000 Guest Workers Employed in Hungary

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

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.