Successors to Ikarus (Hungarian company)

[1] Széles, a successful businessman and close partner of the Hungarian government increased his wealth while the company slid towards bankruptcy.

[10] Széles has been widely criticized for only creating the company to avoid paying back an enormous amount of money to the state as compensation for his unfulfilled promise.

Later on, they started to repair autobuses and in 2005 they developed and produced their first vehicle the ARC 187, an 18,75 metres long 5-doored, articulated bus.

[12] In 2010, Széles, who by this time managed to license the Ikarus brand from Irisbus, proposed a deal to ARC, which consisted of the following: the Műszertechnika Holding Rt.

in PKD construction, meaning that ARC-Ikarus only produced the major parts of these vehicles, while the operating company had to finish them.

[20] The Lanta is a small company, which's main area of expertise and works are restoring older Ikarus modells.

[21] This manufacturer managed to buy back the rights to build the modells of Ikarus EAG and to use the brand from Irisbus.

[22] Evopro is in the hands of Csaba Mészáros and was producing a variety of products, including small, Electric buses with composite, modular build, under the model name Modulo Medio Electric [23] 20 of these vehicles were sold, after renaming the modell to Modulo C68e, to the BKV in 2014, but they proved to be severely unreliable by 2016.

[25] In 2015, the Evopro Holding bought the earlier closed down Hungarian plant of NABI and then with Auto Rad Controlle and Lanta Consulting established a new company called MABI-Bus Kft.

[28] In 2018, after failing to produce 180 units of the Modulo M168d model (the successors of Ikarus V187), the company got dangerously close to bankruptcy.

[29] The limited number of vehicles that were delivered to BKV on the other hand, were all suffering from serious design flaws and differed from the construction that was ordered.