Hungarian-Turkish armoured fighting vehicles JV established in Hungary
Hungarian and Turkish defence companies are establishing a joint venture to develop the Hungarian assembly and production of Turkish Gidran armoured fighting vehicles at the Rába Group’s production facility in Győr, in western Hungary.
Rába Jármű and the Turkish Nurol Makina ve Sanayi’s Hungarian subsidiary, Nurol Makina Hungary, announced the deal on Monday on the website of the Budapest Stock Exchange.
Hungarian suppliers will have a large role to play and the vehicles are primarily destined for the Hungarian Armed Forces, the statement said.
The JV also involves the defence ministry.
As we wrote before, Italian Beretta to manufacture arms in Hungary
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