THE prospect of Chinese money being used to upgrade the Belgrade – Budapest line was raised again at the recent at the CEE-China summit in Bucharest, where Hungarian prime minister Mr Viktor Orbán signed a treaty on the proposed modernisation project with his Serbian and Chinese counterparts Mr Ivica Dacic and Mr Li Keqiang.
BUDAPEST Transport Centre (BKK) which is responsible for managing and developing the transport network in the Hungarian capital, issued an invitation to tender on December 6 for the so-called Buda tram link, which is intended to provide a connection between lines 17 and 19 on the western (Buda) side of the city.
HUNGARY's state holding company, NISZ, has awarded a €46m contract to a consortium of Kapsch CarrierCom and MVM Ovit, a Hungarian transmission network specialist, to install GSM-R on a 900km section of the rail network.
THE founder of Hungary's first open-access railfreight operator Floyd, Mr András Bogdán, has set up a new railway company called Fox Rail after selling his shares in Floyd earlier this year.
THE FIRST of 10 Stadler Flirt emus for Györ-Sopron-Ebenfurth Railway (GySEV) was delivered to Stadler's Hungarian maintenance centre at Pusztaszabolcs on October 20 for commissioning.
HUNGARIAN State Railways (MÁV) is making progress with the upgrading of the railway network around Lake Balaton, a popular tourist destination in the west of the country.
BUDAPEST Transport Centre (BKK) has selected CAF as its preferred bidder for a contract to supply 37 low-floor LRVs with an option for 87 additional vehicles.
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.