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

  • Fontinalis Partners invests in SQLstream
    April 19, 2012
    Fontinalis Partners, a strategic investment firm, has invested in San Francisco-headquartered SQLstream Inc., which claims to be the first standards-based stream computing platform to enable companies to exploit and monetize their real-time service and sensor data.
    Read More
  • Japan’s government prepares for autonomous driving in early 2020s
    July 2, 2012
    The Land, Infrastructure, Transport and Tourism Ministry of Japan is about to introduce a study panel to carry out in-depth discussions concerning a vehicle autopilot driving system. The system, which is aimed to be realised in the early 2020s, will apply to self-steering vehicles that feature their own navigation capability. The government intends to build special expressway lanes for such self-driving cars. After entering the designated lanes, the autonomous vehicle can take over the driving task entirely
    Read More
  • Global ANPR market 2010-2014
    May 21, 2012
    Research and Markets has announced the addition of the "Global Automatic Number Plate Recognition Market 2010-2014" report to its offering. TechNavio's analysts forecast that the global ANPR market is expected to grow at a CAGR of 30 per cent and will reach US$579.8 million in 2014.
    Read More
  • IBTTA summit hits right notes in Salzburg
    December 5, 2018
    In the birthplace of Mozart, Colin Sowman found that delegates at the IBTTA’s inaugural World Tolling Summit were playing a variety of interesting tunes The first World Tolling Summit took place in Salzburg, Austria this autumn. Created and organised by the International Bridge Tolling and Turnpike Association (IBTTA), the event was supported by its European counterpart Asecap and hosted by Austria’s tolling authority, Asfinag. The transfer of views, experience and practice both ways across the Atl
    Read More

Highlighted Content