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MÁV calls new tender to finance Ft 36 bln vehicle purchase

Hungary's state-owned railway company MÁV announced on Tuesday it has called a new tender for a Ft 36 billion loan to pay for 30 suburban rail vehicles. The tender, called in line with EU public procurement laws, will include a qualification round, then a second round in which participants submit their offers. Parties must declare their interest to participate in the tender by the beginning of December, and are expected to submit offers in the first half of January.