MAV Zrt. (Hungary)

The state-owned MÁV Zrt. (MÁV Hungarian State Railways) was founded in 1993 by transformation. The company’s main activity until mid-2007 had been railway transport. In accordance with the market needs, the Hungarian State Railways transformed into a modern MÁV Group, and henceforth the following business branches continue their operation as separate companies: passenger transport is operated by MÁV-START Railway Passenger Transport Co., traction services are catered by MÁV-TRAKCIÓ Railway Traction Co., vehicle maintenance and servicing is operated by MÁV-GÉPÉSZET Railway Vehicle Maintenance and Repairs Co. Besides managing the group of companies, the operation of railway infrastructure services and the central control and back-up service provider organisations (procurement, economic and human resources management, real estate management, security services etc.) still come under MÁV Co.