Who owns MÁV-START?
MÁV-START is owned by MÁV (Hungary).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Consolidated financial statements of MÁV Group 31.12.2022, MÁV Zrt, 28 September 2023. Last checked .
Key facts
- Current owner
- MÁV Hungarian State Railways Private Company Limited by Shares reported
- Owner HQ
- 🇭🇺 Hungary, Budapest
- Origin
- 🇭🇺 Hungary, Budapest
- Category
- Travel & transport › Railways
- Last verified
- · 1 sources
About MÁV-START
MÁV-START Vasúti Személyszállító Zrt. is the passenger railway subsidiary of MÁV Zrt., founded on 15 October 2006 and registered at Könyves Kálmán krt. 54-60 in Budapest according to the group's 2022 consolidated statements. The group's own website now names its passenger arm MÁV Passenger Transport Company.
Ownership timeline of MÁV-START
Where MÁV-START sits in MÁV
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full MÁV ownership tree →
Other brands in railways, and who owns them
The 91 brands in railways on Brandtree belong to 68 owners. The largest is DfT Operator, with 9.
| Brand | Owner | Owner based in |
|---|---|---|
| c2c | DfT Operator | 🇬🇧 United Kingdom |
| Avanti West Coast | FirstGroup | 🇬🇧 United Kingdom |
| Eurostar | SNCF | 🇫🇷 France |
| CPKC | CPKC | 🇨🇦 Canada |
| Linha 4 do Metrô de São Paulo | Motiva | 🇧🇷 Brazil |
| Hellenic Train | FS Italiane | 🇮🇹 Italy |
| Transtar | FTAI Infrastructure | 🇺🇸 United States |
| KAI Commuter | KAI | 🇮🇩 Indonesia |
About the owner: MÁV
MÁV is a state-owned company headquartered in Budapest, Hungary. Brandtree records 1 brand under its control.
MÁV Zrt. is the Hungarian state railway company, founded on 30 June 1993 with the Hungarian State as founder; its 2022 consolidated financial statements say the sole owner is the Hungarian State. The statements list MÁV-START, the passenger operator founded on 15 October 2006, as a fully consolidated subsidiary, and say MÁV Zrt. itself now concentrates on rail infrastructure.
🇭🇺 MÁV-START and other Hungarian brands
Brandtree records a controlling owner for 27 brands that began in Hungary. 6 of them (22%) are now controlled by a company headquartered in another country; MÁV-START is not one of them.
- WIZZ All You Can Fly — Wizz Air 🇭🇺
- Allegro.hu — Allegro 🇵🇱
- Bábolna Takarmány — Bonafarm 🇭🇺
- Fütyülős — Zwack Unicum 🇭🇺
- Globus — Bonduelle 🇫🇷
- Goldenfood — LDC 🇫🇷
Frequently asked questions
Who is the parent company of MÁV-START?
The parent company of MÁV-START is MÁV, a state-owned company headquartered in Hungary.
Is MÁV-START Hungarian?
Yes. MÁV-START originated in Hungary and its owner, MÁV, is also headquartered in Hungary.
Is MÁV-START still owned by MÁV?
Yes. As of 5 October 2026, MÁV-START is still owned by MÁV. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Consolidated financial statements of MÁV Group 31.12.2022 — MÁV Zrt., Annual report, published 28 September 2023; retrieved 5 October 2026.
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