First Railway Carriages to Egypt

Economy

Delivering the first railway carriages assembled by Hungary’s Dunakeszi Járműjavító has been a “milestone” as well as “an excellent example of the cooperation between Hungary, Russia and Egypt”, Foreign Minister Péter Szijjártó said in Alexandria.

At a press conference held online on Facebook, Szijjártó said that the Egyptian order for 1,300 carriages to be completed by a Hungarian-Russian consortium and worth one billion euros, had so far been one of the largest export orders in the history of Hungary’s industry. He said that 624 carriages were scheduled to be completed in Russia and 676 in Hungary. So far, the first 259 have been delivered to the customer.

Concerning ties with Egypt, Szijjártó said that the turnover of bilateral trade had increased by 2.5 times in the past ten years, adding that last year alone Hungarian exports to Egypt were up by 43% despite the impact of the coronavirus epidemic.

 

hungarymatters.hu

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