The Czech company Nymwag is building Europe’s most modern rail vehicle factory and an R&D base in Nagykanizsa. Almost 1,500 new jobs will be created here.
The investment costs amount to almost HUF 60 billion (EUR 162 million). 1,800 freight wagons and 4,800 railway chassis are manufactured in the plant every year. The production and research facility will be built on the 36-hectare site of the recently closed mechanical engineering company DKG and will be one of the largest in Europe in terms of production capacity. The first wagon should leave the works of Nymwag Magyarország Kft. within a year.
In the next 6-8 years, Hungary will spend HUF 6,000 billion (EUR 16 billion) on the modernization of the railway sector, two thirds of which will go to the expansion of track systems and one third to the modernization of trains. The average age of the railway vehicle population should drop below 25 years in the shortest possible time.