Leading Metro Car Supplier Expands its Regional Footprint With Large-Scale Investment
2024. 04. 11.
French-owned Alstom has announced to add major manufacturing capacities at its site in Mátranovák where railway bogie frames are made. The HUF 6 billion investment creates almost 150 new jobs.
Alstom has been operating in Hungary for more than 20 years, and it has made a reputation by becoming one of the largest metro car suppliers in the country. The plant in Mátranovák (100 km northeast from Budapest on road) specializing on making railway bogie frames was integrated in the company portfolio in 2021, and as such, it is now one of its manufacturing hubs of strategic importance in the region.
In addition to conventional and high-speed trains, suburban trains, locomotives and double-decker wagons, the bogies for hydrogen trains, which triggered a major innovation in rail transport, are also produced at the site located in Nógrád county.
Alstom has now announced to increase its production capacity in Hungary. By investing HUF 6 billion, upgrading machinery and rethinking processes are bound to result in surging output by 40%.
The development is scheduled to be finished by the end of 2025.
