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Hungary Considering Buyback of ÖBB’s Rail Cargo Hungaria

Published: June 14, 2011; 17:17 · (Vindobona)

The Hungarian state is interested in acquiring a stake in the Austrian Federal Railways’ cargo subsidiary which it privatized in 2008.

Hungary Considering Buyback of ÖBB’s Rail Cargo Hungaria / Picture: © Rail Cargo Hungaria

The Hungarian government wants to buy back a stake in ÖBB’s subsidiary Rail Cargo Hungaria (RCH, previously MAV Cargo), Budapest media reported this weekend. The newspaper “Nepszabadsag” referred to leaked information from the National Development Ministry according to which ÖBB had already entered into negotiations about the transaction with Hungary’s government. The state…

This article includes a total of 205 words.

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