HUF 12.4 bln Allocated for Ukrainian Grain Shipment Rail Upgrades

Ukraine Crisis

Photo by Nikolett Emmert / Shutterstock.com

The government is allocating HUF 12.4 billion for railway track upgrades in the Záhony area, on Hungary's eastern border, to speed up Ukrainian grain deliveries, state secretary for transport Dávid Vitézy said in a post on Facebook on Friday.

Vitézy said the upgrades cover Záhony station, and the railway yards in Záhony and Eperjeske. Railway tracks that have fallen into disuse will be reopened, he added.

Construction work is set to begin in a few weeks, as the goal is for state-owned railway company MÁV to increase transshipment capacity in the Záhony area as soon as possible.

Vitézy noted that in the past weeks they have conducted talks with Technology and Industry Minister László Palkovics with all involved Hungarian actors and also with the leadership of Ukrainian Railways in Berlin. The exact technical content of the upgrades was determined together with MÁV specialists based on these consultations.

ADVERTISEMENT

Voluntary Pension Fund Contributions Climb 20% in Q1-Q3 Figures

Voluntary Pension Fund Contributions Climb 20% in Q1-Q3

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Higher Sugar Prices Raising Holiday Candy Costs Retail

Higher Sugar Prices Raising Holiday Candy Costs

Hungarian Tourism in Croatia Returning to Pre-pandemic Level... Tourism

Hungarian Tourism in Croatia Returning to Pre-pandemic Level...

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.