Arriva moves into Slovakia and Hungary with Eurobus deal

ARRIVA IS continuing with its eastern european acquisition spree  with the news that it is to expand into the Hungarian and Slovakian bus markets.

The Sunderland-based group is to purchase an 80% stake in Interbus Invest, the parent company of Eurobus Invest,  Hungary’s largest privately owned operator with regional, urban and contract bus businesses in Hungary and Slovakia.

The firm operates 840 buses and has 1,500 employees, and unaudited accounts suggest the business...