General wagon hire association
After the German unification, the huge railway construction boom started in Hungary, which had been largely missed out on due to the centralised transport network under Vienna. At the same time, Hungary's independent transport policy went back to the ideas that Count István Széchenyi had dreamt up in 1848 and the construction of the most important lines began. The construction of the railways brought with it, through the supply created, a demand, so that shippers increasingly opted for predictable and fast rail transport, which the railway companies of the empire could not always satisfy with the means at their disposal, and the market was opened up to wagon hire companies, The capitalists behind these companies did not have to bother with setting up new railway companies and managing them, but could fill the gap in the market, i.e. they could make a steady, predictable and high profit by renting out various types of wagons, but more focused on freight transport.
The first company of this profile in Hungary was founded in 1872 at 10 Hold Street, Pestbuda, with a capital of 2 000 000 HUF under the leadership of Count Antal Szapáry. The members of the board of directors were Boldizsár Horváth, Károly Fackh, Vicomte de Maistre, Otto Loebenstein, Alfred Schmidt, D. Cahn Speyer, Albert Wahl, Dr. Ostheim, while the company's CEO was Gábor Spritzer.
The fact that the business was profitable is shown by the fact that in 1875 the company had already made a profit of the order of 100,000 HUF (101,878 Frt).In 1876 the management of the company was changed and Dr. Sándor Sztroiny became the president, alongside whom the members of the board of directors were Ágoston Pontzen, Alajos Rossman, J. Deutsch and Miksa Landesberger. The company was still managed by Gábor Spitzer.
At that time, the company's assets included about 1,000 railway wagons and a large number of spare parts, such as brakes, wagon wheels, etc. In 1877, however, all their wagons were hired out for the first time, and soon afterwards, as the railway lines were being built, the railway companies that were being set up also began to increase their own assets, so the General Waggon Rental Company sold 133 wagons as part of its assets. However, a more detailed account of 1878 has survived. According to this, the company then owned:
- 362 covered wagons without friction brakes,
- 66 covered wagons without friction brakes with spoked wheels,
- 84 covered trucks with friction brakes,
- 185 coal wagons without friction brake,
- 25 coal wagons with friction brakes,
- 88 pieces high-sided wagon Lowry without friction brake
- 12 high-sided trolleys with Lowry friction brake,
- 15 pig wagons without brakes.
By 1880, the company had not only expanded its existing wagon fleet, but also improved it, for example, the wagon wheels were replaced with Ganz bark cast wheels, and by 1881 the company had 512 feett wagons, 210 coal wagons, 100 lowry wagons, 15 pig wagons, i.e. a total of 837 wagons. In 1883 the company's profits exceeded two hundred thousand forints (265,188 Frt.) And for the next ten years, although the company had already had competition in the wagon hire business, profitability remained at a similar level as before.
In 1892, the company's management changed, and Béla Polyák was appointed chairman.For his activities in this field, and for his position as vice-president of the rival International Waggon Rental Ltd., he was awarded Hungarian nobility and the first name of Sabolcs by József Ferencz in 1895. The members of the board of directors were Dr. Sándor Sztoriny, Knight Károly Fackh, Dr. Gyula Lánczy, J. Deutsch, Miksa Landesberger, László Tisza and Zsigmond Hartenstein; they were joined in 1898 by Dr. Ferenc Heltai and Count Gyula Neuhaus. All the time, Zsigmond Hartenstein has been in charge of the general management.
The company's profits exceeded three hundred thousand forints (317 269 Frt) in 1898, and reached 677 882 crowns in nominal terms due to the introduction of the crown in 1900. It was also the highest profit the company had ever made. From then on, the company's profitability showed a steadily decreasing trend, although it still almost reached 300 000 kronor in 1904. It is true, however, that in the meantime, with the development of the railway network, the recapitalisation of the railway companies and the strong production of wagons and wheels by the domestic industry, wagon hire became a shrinking industry, and in 1906 General Waggon Rental was absorbed into the Hungarian Local Interest Railways Joint Stock Company and thus dissolved.
Date of foundation: 1872
Date of cessation: 1906
Founders are not set
Decisive leaders:
1872-1876 | Count Antal Szapáry |
1877-1879 | Dr. Sándor Sztroiny |
1880-1886 | Imre Ivanka |
1887 | Knight Károly Fackh |
1888-1891 | Ágoston Pontzen |
1892-1906 | Béla Polyák from Sabolcs |
Main activity not set
Main products are not set
Seats are not configured
Locations are not set
Main milestones are not set
Author: by Dr. Márton Pelles
Date of foundation: 1872
Founders are not set
Decisive leaders:
1872-1876 | Count Antal Szapáry |
1877-1879 | Dr. Sándor Sztroiny |
1880-1886 | Imre Ivanka |
1887 | Knight Károly Fackh |
1888-1891 | Ágoston Pontzen |
1892-1906 | Béla Polyák from Sabolcs |
Main activity not set
Main products are not set
Seats are not configured
Locations are not set
Main milestones are not set
Author: by Dr. Márton Pelles
General wagon hire association
After the German unification, the huge railway construction boom started in Hungary, which had been largely missed out on due to the centralised transport network under Vienna. At the same time, Hungary's independent transport policy went back to the ideas that Count István Széchenyi had dreamt up in 1848 and the construction of the most important lines began. The construction of the railways brought with it, through the supply created, a demand, so that shippers increasingly opted for predictable and fast rail transport, which the railway companies of the empire could not always satisfy with the means at their disposal, and the market was opened up to wagon hire companies, The capitalists behind these companies did not have to bother with setting up new railway companies and managing them, but could fill the gap in the market, i.e. they could make a steady, predictable and high profit by renting out various types of wagons, but more focused on freight transport.
The first company of this profile in Hungary was founded in 1872 at 10 Hold Street, Pestbuda, with a capital of 2 000 000 HUF under the leadership of Count Antal Szapáry. The members of the board of directors were Boldizsár Horváth, Károly Fackh, Vicomte de Maistre, Otto Loebenstein, Alfred Schmidt, D. Cahn Speyer, Albert Wahl, Dr. Ostheim, while the company's CEO was Gábor Spritzer.
The fact that the business was profitable is shown by the fact that in 1875 the company had already made a profit of the order of 100,000 HUF (101,878 Frt).In 1876 the management of the company was changed and Dr. Sándor Sztroiny became the president, alongside whom the members of the board of directors were Ágoston Pontzen, Alajos Rossman, J. Deutsch and Miksa Landesberger. The company was still managed by Gábor Spitzer.
At that time, the company's assets included about 1,000 railway wagons and a large number of spare parts, such as brakes, wagon wheels, etc. In 1877, however, all their wagons were hired out for the first time, and soon afterwards, as the railway lines were being built, the railway companies that were being set up also began to increase their own assets, so the General Waggon Rental Company sold 133 wagons as part of its assets. However, a more detailed account of 1878 has survived. According to this, the company then owned:
- 362 covered wagons without friction brakes,
- 66 covered wagons without friction brakes with spoked wheels,
- 84 covered trucks with friction brakes,
- 185 coal wagons without friction brake,
- 25 coal wagons with friction brakes,
- 88 pieces high-sided wagon Lowry without friction brake
- 12 high-sided trolleys with Lowry friction brake,
- 15 pig wagons without brakes.
By 1880, the company had not only expanded its existing wagon fleet, but also improved it, for example, the wagon wheels were replaced with Ganz bark cast wheels, and by 1881 the company had 512 feett wagons, 210 coal wagons, 100 lowry wagons, 15 pig wagons, i.e. a total of 837 wagons. In 1883 the company's profits exceeded two hundred thousand forints (265,188 Frt.) And for the next ten years, although the company had already had competition in the wagon hire business, profitability remained at a similar level as before.
In 1892, the company's management changed, and Béla Polyák was appointed chairman.For his activities in this field, and for his position as vice-president of the rival International Waggon Rental Ltd., he was awarded Hungarian nobility and the first name of Sabolcs by József Ferencz in 1895. The members of the board of directors were Dr. Sándor Sztoriny, Knight Károly Fackh, Dr. Gyula Lánczy, J. Deutsch, Miksa Landesberger, László Tisza and Zsigmond Hartenstein; they were joined in 1898 by Dr. Ferenc Heltai and Count Gyula Neuhaus. All the time, Zsigmond Hartenstein has been in charge of the general management.
The company's profits exceeded three hundred thousand forints (317 269 Frt) in 1898, and reached 677 882 crowns in nominal terms due to the introduction of the crown in 1900. It was also the highest profit the company had ever made. From then on, the company's profitability showed a steadily decreasing trend, although it still almost reached 300 000 kronor in 1904. It is true, however, that in the meantime, with the development of the railway network, the recapitalisation of the railway companies and the strong production of wagons and wheels by the domestic industry, wagon hire became a shrinking industry, and in 1906 General Waggon Rental was absorbed into the Hungarian Local Interest Railways Joint Stock Company and thus dissolved.