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Tag: Talgo

Spanish Government Vetoes Hungarian Train Manufacturer Deal

The Socialist Sánchez government in Spain vetoed the Hungarian consortium Ganz-MÁVAG Europe’s acquisition of the Spanish train manufacturer Talgo. Their concern was the supposed close ties between Budapest and Moscow,

Tag: Talgo

Spanish Government Vetoes Hungarian Train Manufacturer Deal
CURRENT

Spanish Government Vetoes Hungarian Train Manufacturer Deal

The Socialist Sánchez government in Spain vetoed the Hungarian consortium Ganz-MÁVAG Europe’s acquisition of the Spanish train manufacturer Talgo. Their concern was the supposed close ties between Budapest and Moscow, fearing that the Hungarian company may share trade secrets with the Russians.

Márton Losonczi
29.08.2024

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