Hungary: Kirchdorfer Gruppe subsidiary Kirchdorfer Concrete Solutions has agreed to sell a 49% stake in prestressed concrete sleepers producer MABA Hungaria to railway overhead line construction company Firma Vasútvill. Austria-based Kirchdorfer Concrete Solutions will retain its majority stake in the company.
Kirchdorfer Gruppe CEO Michael Wardian said that the group was delighted to have secured a strong partner for its Hungarian operations.
