HUNGARIAN State Railways (MÁV) recently unveiled its financial results for 2012, which reveal that last year the railway achieved its first operating profit in decades.
HUNGARY's National Infrastructure Development Agency (NIF) has issued a tender notice for a contract to equip the Budapest – Lökösháza section of European Corridor IV with ETCS Level 2.
GERMANY's Eurogate Intermodal and ICE Holding, Hungary, acquired all remaining shares in railfreight operator Floyd, one of the first open-access operators to enter the Hungarian market, for an undisclosed sum.
THE first of 18 CAF Urbos low-floor LRVs ordered by Debrecen public transport operator DKV in 2011 arrived in the Hungarian city on May 22.
GYÖR-Sopron-Ebenfurth Railway (GySEV) has issued tenders for the electrification of the Szombathely-Hegyeshalom line in western Hungary, which the company took over from Hungarian State Railways (MÁV) in 2011.
A unique solar-powered railcar built by the workshops of the Kismaros – Királyrét narrow-gauge line near Budapest has been granted approval to carry passengers in time for the start of the tourist season.
THE Hungarian government has given the go-ahead for a long-discussed project to build a 113km freight line between Tatabánya and Cegléd, by-passing Budapest. This would be the biggest new railway construction in the country since 1912.
HUNGARIAN State Railways (MÁV) is to merge its passenger, traction, and rolling stock maintenance subsidiaries into a single business unit from April 1 as part of a restructuring which will also see the creation of an independent infrastructure manager.
BUDAPEST Transport Centre (BKK), which is responsible for managing and developing the Hungarian capital's transport network, has called for tenders for the purchase of 37 low-floor LRVs of two types, with a option for a further 87 vehicles.
THE Association of Hungarian Logistics Service Centres (MLSZKSZ) has completed a feasibility study for the so-called V0 railway, which would allow international freight traffic to bypass congested lines in the Budapest area.