Xanga-owned company lays cornerstone for HUF 2.2 bln plant

Xanga Investment and Development Group-owned DIP Invest on Thursday laid the cornerstone for a HUF 2.2 billion plant capable of accommodating industrial-technology of various types in the city of Debrecen.
BusinessFriday, 12:15, May 31, 2013 Read more

Rail Cargo Hungaria seeks to boost market share over 80%

Rail Cargo Hungaria, a unit of Austrian railway company OBB, signed two big contracts in January, and now wants to raise its market share from 80%.
BusinessWednesday, 11:45, February 22, 2012 Read more

MAV, OBB maintenance units establish JV for upkeep of Rail Cargo Hungaria rolling stock

MAV-GEPESZET, the maintenance unit of state-owned Hungarian railway company MAV, and Austrian peer OBB TS, on Wednesday signed a contract on the establishment of a joint venture whose main activity will be the upkeep of the rolling stock of Rail Cargo Hungaria, which is also owned by OBB, MAV said on Thursday.
BusinessThursday, 14:55, December 15, 2011 Read more

Gov’t looks to buy back stake in Rail Cargo Hungaria, says paper

Hungary's government wants to buy back a stake in Rail Cargo Hungaria (RCH), which was privatized in 2008
BusinessTuesday, 09:15, June 14, 2011 Read more

Rail Cargo Hungaria to lay off 500 by mid-2011

Rail Cargo Hungaria will make 500 layoffs by the middle of the year, Christian Kern, CEO of owner OBB, said in an interview published in Austrian daily Wirtshaftsblatt on Monday.
BusinessMonday, 14:40, March 7, 2011 Read more