Today, Tuesday, the port of Alexandria will accept the first batch of new Hungarian railroad cars coming within the deal signed between the Transmach Holding Company and the Egyptian Railway Authority for the manufacture and supply of 1,300 ordinary and air-conditioned vehicles at a cost of 1.065 billion euros.
The railway authority will hold a major celebration attended by the transport leaders, the ambassadors of Hungary and Russia and the company’s official, and the batch includes 4 Hungarian industrial vehicles, as the agreement signed with the Railway Authority stipulates that 51% of the contracted car deal amounting to 1,300 vehicles will be manufactured in Hungary as the financier for the cost of the deal as it is done Manufacturing the rest of the dealerships in Russia.
Source: youm7