"MÁVAG (Magyar Királyi Államvasutak Gépgyára; Hungarian Royal State Railroads' Machine Factory) was the largest Hungarian rail vehicle producer. MÁVAG company was the second largest industrial enterprise after the Manfréd Weiss Steel and Metal Works in the Hungarian half of the Austro-Hungarian Monarchy. MÁVAG was the property of the Kingdom of Hungary. After World War II MÁVAG was nationalized, and "Királyi" ("Royal") was removed from its name.
The company employed thousands of workers. The buildings were in the VIII. district of Budapest, bordered by the following streets: Kőbányai street, Hungária avenue, Vajda Péter street, and Orczy street. It was the most important Hungarian machine factory in the 19th century, along with Csepel Művek (Csepel Factories). The most respected products of MÁVAG were steam locomotives. The first was produced in 1873, and MÁVAG produced the famous locomotive no. 424 from 1924. MÁVAG's neighbouring company was the Ganz motor- és vagongyár (Ganz engine and wagon factory), which manufactured diesel locomotives and luxury carriages for export." - (en.wikipedia.org 11.08.2021)
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