In 1947, the Ganz Works was nationalised and in 1949 it became independent and six big companies came into existence, including the Ganz Transformer Factory. In 1959, Ganz Wagon and Machine Factory merged with the MÁVAG Locomotive and Machine Factory under the name of Ganz-MÁVAG Locomotive, Wagon and Machine Works. Of the products of the Works, outstanding results were shown in the field of the manufacture of diesel railcars and multiple units. Traditional products included tramcars as well, and customers included the tramway network of Budapest. In the meantime the Foundry workshop was closed down.