Green Light For Hungary To Produce Intercity Trains

  • 20 Jul 2014 4:00 AM
Green Light For Hungary To Produce Intercity Trains
Hungary has got the green light to build InterCity trains, the head of the state-owned MÁV rail company said in an interview to business daily Napi Gazdaság. Ilona Dávid told the paper: “We have just received the entire certification that we are capable of making European-standard carriages which can travel to any country.” She said MÁV was working on two prototypes and it was now a question of looking to see which location would be most suitable for a factory, how many trains would go into serial production and what fraction would operate in Hungary.

Dávid said a year was needed to lay the groundwork for production, “always assuming that MÁV Start has the money for developing an IC train”.

The president and chief executive of the company also spoke to the paper about the stages of MÁV’s restructuring, saying that four MÁV units had been merged and further streamlining was under way.

The paper noted that the company, which had been loss-making for many years, had turned the corner into profit last year. Dávid attributed this to “a very well-conceived restructuring”.

Source www.hungarymatters.hu

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