Mark Lansbury

2024-09-13 11:39:05

Spain blocks Hungary's attempt to buy train company over 'Ukraine concerns,' FT reports

#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 officials.

Madrid vetoed the 619 million euro bid ($680 million) due to concerns about Budapest's warm ties to Moscow amid Russia's ongoing full-scale war against Ukraine, the FT wrote.

https://kyivindependent.com/spain-blocks-hungarys-attempt-to-buy-train-company-over-ukraine-concerns-ft-reports/

#trains #Ukraine #railways

Spain blocks Hungary's attempt to buy train company over 'Ukraine concerns,' FT reports

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 officials.

^{kyivindependent.com}