Seven bidders invited for second round of Hungary's MAV Cargo tender
AFX News Limited: 08.13.07
BUDAPEST (Thomson Financial) - The board of Hungary's state-owned railway MAV decided at a meeting on Friday to invite seven bidders, instead of the originally planned five, to make offers in the second round of a tender for MAV Cargo, its spun-off freight division, the group said.
MAV said the board selected two more bidders for the second round because the offers were very close. Twelve bidders submitted offers in the first round of the tender, ended July 23. The deadline for bidding in the second round is October 19.
MAV said the seven bidders were Cargo Central Europe consortium; Grampet S.A., Bucharest; Magyar Rail Cargo Vagyonkezelo Kft. Budapest; MC SOLUTION consortium, comprised of CER Central-European Railway Transport, Trading and Service Co. Budapest, International Railway Systems S.A. Luxemburg, TIARA Gazdasagszervezo es Tokebefektetesi Zrt. Budapest and Babcock and Brown Ltd. London; NEW WORLD RESOURCES TRANSPORTATION BV Amsterdam; a consortium of Rail Cargo Austria AG and GYSEV Zrt, Budapest-Sopron; and SPEDI-TRANS s.r.o, Praha.