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A Stadler FLIRT train on the Southern train bridge over the Danube in Budapest on 19 May 2023.

Stadler Partners with GYSEV to Introduce FLIRT Intercity Trains in Hungary

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….

Privatization of MÁV Vagon: A Major Transformation in Hungary’s Railway Vehicle Industry

Magyar Vagon Ltd. is affiliated with the President and CEO of MOL, Zsolt Hernáda, who, as of the 2023 edition of the list, is the seventh most influential individual in Hungary….
European flags on the background of the European Parliament.

EU Adopts Newest Sanctions Package Against Russia, Hungary Achieves Exemption

The Hungarian government has secured an exemption regarding the maintenance of Russian metro cars, allowing the sanctioned Moscow-based company to once again deliver parts to Budapest….

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