Strabag purchased 5.7% stake in GySEV

Austrian company Strabag raised its capital in Austrian-Hungarian regional railway company GySEV. The capital rise amounted HUF 89m, Budapest Business Journal informs.

Strabag purchased 5.7% stake in GySEV from Rail Cargo Austria in the middle of the year. After the capital rise, Strabag owns 6.2% of the railway carrier.

65.6% of GySEV belongs to the state of Hungary and 28.2% to the state of Austria.

Source: Transportweekly