Spain prevented Hungary from buying Talgo, a Madrid-based train manufacturer, due to its potential usefulness for Ukraine's reconstruction, the Financial Times reported on Sept. 12, citing undisclosed ...

György Bacsa, chief operating officer of oil group MOL’s Hungarian operations and chair of the Ganz-Mávag Europe board, said MOL exercised no control over the train company.

Hungary has bucked a trend by Western nations to withdraw from the Sahel region of Africa where Russia has increased its ...

National security concerns — including potential links to Russia — drove the Spanish government's decision to veto Hungarian consortium Ganz-Mávag Europe's attempt to buy Spanish train manufacturer ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Spain has branded a Hungarian consortium backed by the prime minister Viktor Orbán as a threat to its ...

Hungarian consortium Ganz Mavag said Friday it has dropped its takeover offer for Spanish train manufacturer Talgo after Madrid vetoed the operation, arguing it posed risks for Spain's national ...

A consortium partly owned by the Hungarian government officially threatened the Spanish government with legal action on Friday over its decision to block a takeover bid for a Spanish train-maker.

Spain has vetoed the purchase of the Madrid-based train manufacturer Talgo by the Hungarian company Ganz-Mávag for €619 ...

Spain's leftist government on Tuesday blocked a takeover offer from a Hungarian consortium for Spanish train manufacturer Talgo, saying it posed risks for the country's national security and ...

Ganz-Mavag, which includes Hungary's state fund Corvinus, launched a public tender offer in March for all the shares in the manufacturer of Spain's signature AVE high-speed trains. Spanish ...

Watch live as the swollen Danube River reaches Hungary's parliament building in Budapest as flood waters continue to rise on Friday, 20 September.