The Hungarian government has unveiled ambitious plans to construct a 40-kilometre motorway connecting Szombathely to Körmend and Kőszeg by the end of the decade. The 200-billion-forint project aims to bolster regional connectivity and economic growth in the area….
Since Strabag has previously stated that it does not consider its stake in the railway company a strategic investment and is willing to sell it, the last obstacle has been removed for the Hungarian state to further increase its ownership…
The signed contract consists of a basic order for nine vehicles and options for up to four additional vehicles. GYSEV has three months from the contract’s start to decide how many option trains to order from Stadler….
The daily operation of the Hungarian railways is hampered by profound structural problems. It is not only a lack of sufficient funding but also the absence of a consistent and comprehensive development strategy that causes the ever-growing woes….
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