Hungarian firm to supply Slovenian railways with new Intercity trains
Magyar Vagon has clinched a exciting contract to manufacture railway trainsets for Slovenia’s national rail operator, sealing the deal in Ljubljana on Monday – the company announced to MTI the same day.
New trains in Slovenia to hit the tracks in 2028
The tender calls for delivering five Intercity trainsets to the neighbouring country, with each one comprising four carriages. Following the agreement, they’ve committed to a two-year warranty and a steady supply of spare parts guaranteeing 95% availability throughout the warranty period. These sleek new trainsets are set to hit the tracks in the second half of 2028.
The EU public procurement tender was issued by the Slovenian rail operator’s passenger transport division. Magyar Vagon stood out in the competition by tailoring their bid to the precise technical specs and the client’s needs. CEO László Ludvig calls this win a game-changer, as it’s the first time their homegrown IC+ carriages will roll out to foreign markets. They’ve previously built 92 similar ones for Hungary’s MÁV, but these Slovenian versions feature custom equipment and interior designs.
Magyar Vagon trains already in service in Greece, Egypt
According to their website, this rail vehicle manufacturer, repairer, and maintenance group doesn’t just build passenger carriages – they also handle parts production, repairs, upkeep, and cutting-edge technical developments. Past triumphs include deals with Greece for 79 coaches and Egypt for a whopping 1,350, the Hungarian News Agency wrote.
In their reports, the company posted revenues of 44 billion forints in 2023 and over 46 billion in 2024. Export sales jumped from 503 million to 674 million forints in that time, though after a 50 million forint profit in 2023, they faced a 8.3 billion forint loss last year.
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