Hungary’s action plan for the manufacturing of rolling stock is under development, informed Minister of State István Lepsényi from the Ministry of National Economy at the Hungarian Railways 2016 conference taking place in Budapest on Thursday. The strategy will identify what rolling stock Hungarian Railways and the Raaberbahn (GySEV) primarily require, in preparation for railway liberalisation and the procurement of modern vehicles in the interests of their competitiveness.
Parallel to requirements, Hungarian production possibilities and research & development ideas were also assessed because the Government would like to balance supply and demand. Based on orders ;laced on the Hungarian market, the local rolling stock manufacturing industry must gain strength in order to aso be competitive at international level. According to Lepsényi some HUF 14-15 billion (EUR 45-48 million) will be required over the next three years to manufacture and test prototypes. MÁV will require 450-460 new trains over the next ten years, most of which will also be used on international lines, the acquisition of which is estimated at HUF 140-150 billion (EUR 450-480M).