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.
Charging, Tolling & RUC

For more information on companies in this article

BKV

Related Content

  • Growing traditional and P2P car sharing services key to future of urban mobility in Europe – web conference
    July 5, 2012
    New research by Frost & Sullivan reveals that there were more than 0.7 million members in Europe alone who adopted car sharing as a sustainable transport solution for daily travelling at the end of 2011. Car OEMs as well as transport operators have started to get active in this market, increasing competition for already existing market players.
    Read More
  • Do satellites provide a heavenly view of tolling’s future?
    December 16, 2014
    Satellite-based tolling opens up new options for authorities and can be integrated with DSRC systems as David Crawford discovers. As the proud custodian of the European Union (EU)’s longest road network covered by a single (truck) charging scheme – and the only one to include all major roads - Slovakia has become the continent’s poster-nation for the virtues of GNSS/CN (Global Navigation Satellite System/Cellular Network)-based tolling. It is also proved to be a very fast implementer. Speaking at the 2014 I
    Read More
  • ComNet looks to South Asia
    May 30, 2012
    ComNet Europe, which is headquartered in the UK, has announced the creation of a new position in India to support the growing demand for its fibre optic and ethernet transmission solutions. Jaiprakash Vappala has been appointed as the company’s new regional manager for South Asia, covering India, Sri Lanka and Bangladesh. He has worked in the security industry for more than 17 years, and has extensive experience with Group4, Tyco, and CBC.
    Read More
  • Positive outlook for Q-Free
    August 15, 2013
    Q-Free reported revenue of US$25 million for the second quarter 2013, an increase of 29 per cent from the same quarter last year. Operating profit (EBIT) improved to a positive US$51,000 from an operating loss of US$3.8 million in the same period last year. Loss before tax was reduced to US$391,000 from a loss of US$3.9 in the second quarter 2012. The improved earnings mainly reflect changes in the revenue composition, with higher product and service and maintenance revenue.
    Read More

Highlighted Content