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Stadler speeds up construction of Hungarian plant

Swiss rolling stock maker Stadler will speed up the construction of its aluminum train body plant in the Hungarian city of Szolnok, completing the second phase of the investment in September, instead of December as earlier planned, Stadler Szolnok managing director Michael Moser said on Thursday.

Stadler is speeding up the pace at which the plant is being built because it needs the capacity to fill orders, Moser said.

Stadler inaugurated the first, HUF 5 billion phase of the production base in Szolnok last year. The second phase, which involves the construction of a welding hall, will cost a further HUF 5 billion.

The plant started production in March. It will turn out 60 aluminum bodies for Stadler's flirt suburban rail vehicles this year, Moser said. The bodies will be used to fill orders from state-owned Hungarian railway company MÁV as well as from Stadler Szolnok's parent. Stadler delivered the last of MÁV's first 30-vehicle Flirt order for MAV in March 2008. It started delivering vehicles from MÁV's second 30-vehicle order in December.

The plant is operating with a staff of 92, but headcount will rise to 120 when the second production hall is completed in September, and to 200 by December 2010. (MTI-ECONEWS)