Bombardier seeks court injunction to halt train deal
Sunday, September 25, 2005, 00:00
The German arm of Canadian railcar manufacturer Bombardier sought an injunction from the Budapest Municipal Court on Wednesday to halt execution of a contract between Hungarian state railway MÁV Rt and Switzerland's Stadler for the purchase of 30 trains following a decision by the Public Procurement Arbitration Court (KDB) allowing the contract to go ahead. Bombardier resubmitted the same argument against MÁV that the Procurement Court disallowed. It claimed that execution of the Procurement Court ruling would cost taxpayers more than the amount MÁV would lose because of delayed fulfillment of the contract. The Procurement Court, acting as appeals court, ruled against Bombardier on September 13, in a decision that cannot be appealed, at which time a contract between MÁV and Stadler went into effect, calling for delivery and maintenance of 30 trains with an option for 30 more.