Tatravagónka acquired a 49% stake in Hungarian freight wagon firm TS Hungaria
Tatravagónka (Budamar and Alexej Beljajev), the largest freight wagon maker in Europe, acquired a 49% stake in Hungarian freight wagon firm TS Hungaria. Austrian railway group ÖBB retained a majority stake. The price was not disclosed. TS Hungaria is one of the largest freight wagon repair and conversion plants in the CEE region. In 2023, it employed 400 people and had $36m in sales. Tatravagónka has plants in Slovakia, Serbia, Croatia, Germany and Czechia. In 2023, it had €785m in sales and 60m gross profit.
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