Central and Eastern Europe have been dealing with extreme weather conditions for the past few days, with a significant impact on rail freight in different…
Category: Hungary
Surprise, surprise: TACs in Hungary are about to rise
Hungary will increase its Track Access Charges (TAC) by 14 per cent from 1 September 2024. This is the first time in two decades that TACs in the country have been increased in the middle of a year, as Hungarian rail association Hungrail pointed out. “The increase will most likely cause more damage to the…
China to build four rolling stock production sites in Hungary
CCRC Zhuzhou Locomotive, a subsidiary of Chinese state-owned rolling stock manufacturer CCRC, signed agreements with Hungarian equity fund Acemil to build four facilities in the Magyar country. The facilities will focus on rail vehicles production and maintenance as well as professional training and research and development. This new initiative may be part of a larger…