Skip to main content

Budapest estimates income from congestion charge

Istvan Tarlos, the mayor of Budapest, the Hungarian capital, has told the press that income from the planned congestion charge will total some US$85.64 million per year. The amount will be spent on covering operating costs of the Hungarian capital's public transport company BKV. The congestion charge is expected to be introduced by mid-2013.
May 22, 2012 Read time: 1 min
RSSIstvan Tarlos, the mayor of Budapest, the Hungarian capital, has told the press that income from the planned congestion charge will total some US$85.64 million per year. The amount will be spent on covering operating costs of the Hungarian capital's public transport company 5624 BKV. The congestion charge is expected to be introduced by mid-2013.

For more information on companies in this article

Related Content

  • Congestion charge proposed for Budapest
    May 18, 2012
    The Mayor of Budapest, Istvan Tarlos, has announced that he is planning to introduce congestion charges in the Hungarian capital. The extra funds raised through the measure would be spent on the improvement of public transport services and on providing financial support for the city's public transport firm BKV.
  • Budapest to introduce congestion charge
    June 18, 2012
    In line with a new proposal, the local municipality Budapest, the Hungarian capital, will be able to collect a congestion charge from motorists for using its roads. The bill enables the introduction of variable charges for different kinds of vehicles and zones in the city. Istvan Tarlos, mayor of Budapest, has said that motorists entering the city centre would be required to pay a one-off congestion charge of between US$1.70 and $2.00. However, the borders of the planned congestion zone are still under disp
  • Q-Free reports strong revenue growth
    February 12, 2015
    Q-Free has reported strong revenue growth in the fourth quarter of 2014, reflecting a substantial increase in sales within the advanced transportation management systems (ATMS) business following the acquisition of US-based Open Roads by the end of the third quarter 2014 and an increase in product revenues. “In early 2014, we revised our strategy and now aim at creating more leads in the small and mid-sized segments. In Q4, we have made significant progress in this respect. At the same time we succeeded
  • Key Russian PPP project
    April 18, 2012
    The Northern Capital Highway (NCH) consortium has been named the preferred bidder in the tender for the central section of St Petersburg’s Western High-Speed Diameter (WHSD) project. Should NCH win the tender process it will build and then operate the entire stretch of the toll road. The consortium comprises VTB Capital and Gazprombank from Russia in partnership with Italian company Astaldi and Turkish firm Ictas Insaat.