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

  • Latest TomTom map update for automotive, government and enterprise customers
    April 19, 2012
    TomTom has announced the availability of its latest map product update for automotive, government, and enterprise customers. Some of the enhancements include continued expansion in India with the addition of over 2,000 km of roads in 47 cities, the addition of 64,000km of roads with navigable coverage in Brazil, improvements in Mexico, the Mega Manila area of the Philippines, full coverage of Croatia, and the introduction of a MultiNet map for Namibia and Botswana in Africa. TomTom claims its maps now cover
  • Congestion index for major European cities
    July 11, 2012
    TomTom has launched its first quarterly Congestion Index that identifies and analyses traffic congestion in major cities across Europe. The report, initially covering 31 cities, finds Warsaw the most congested city in Europe. On average, journey times in Warsaw are 42 per cent longer than when traffic in the city is flowing freely and 89 per cent longer during morning rush hour.
  • Around 420 million connected cars expected on the road in 2018
    May 9, 2014
    According to French think tank IDATE, there will be 420 million connected cars on the road by 2018, compared to 45 million in 2013, an annual growth of 57 per cent. IDATE attributes the development of the market to European safety regulations and manufacturers looking to identify new sources of revenue.
  • To charge or not to charge, that is the question
    January 26, 2018
    Alan Dron looks at why congestion charging and other similar schemes are so controversial in North America. In August, Andrew Cuomo, governor of New York State, described congestion charging for the city as “an idea whose time had come,” according to the Bloomberg wire service. In October, he announced a ‘Fix NYC’ advisory panel to study methods of easing congestion on the city’s streets. Although Cuomo did not specifically mention congestion charging when setting up the panel, he said it would study