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Bombardier inaugurates €2.2m bogie plant in Hungary

Canada's Bombardier on Friday inaugurated a €2.2 million railway bogie production hall at its base in Mátranovák, NE Hungary.

Half of the cost of the investment, which will create 150 workplaces, was covered by state subsidies in the framework of the Economic Development Cooperative Program, said Bombardier Transportation CEO Andre Navarri.

Bombardier Transportation bought the Ganz Steel Structure plant in Matranovak in 2005. In the past four years, it has boosted bogie production at the plant from an annual 660 to 2,000 units and raised headcount from 350 to 800. Among the plant's clients are the state railway companies in Germany and France.

Bombardier has two plants in Hungary. The other is in Dunakeszi, near Budapest, where it makes and repairs passenger rail vehicles. The company employs 1,500 people in the country. (MTI-Econews)