Changing the future
28 January 2010 | By László Mosóczi, Member of the Board, Chief Operating Officer, Head of MÁV Infrastructure
Hungarian State Railways Co. (MÁV) is characterised by limited market and financial opportunities which are determined by the obligation to sustain the level of service, the application of obligatory ticket prices, limited budgetary compensations and by limited debt raising opportunities. After a couple of decades, the first years of the…