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

  • Time for a rethink on road user charging
    February 1, 2012
    There is no value in further US VMT charging trials, except to delay the inevitable. These trials should end after completion of the University of Iowa's National Evaluation of a Mileage-based Road User Charge. There is far greater promise in unleashing private operators to commence profitable, non-tolling services, then using these for toll assessment and collection as fuel distributors are currently used to collect fuel taxation. Bern Grush writes
    Read More
  • Virginia presses ahead with tunnels upgrade despite tolls challenge
    July 30, 2013
    David Crawford reviews current developments and legal/financial issues facing tunnel management in Virginia. This autumn the Virginia Department of Transportation (VDOT) in the US will defend its plan to introduce tolling on the Elizabeth River tunnels linking the cities of Norfolk and Portsmouth in the State’s Hampton Roads area. The tolling, which is due to start from February 2014, will be examined by the State’s Supreme Court later this year. The anticipated toll income, along with loans and bonds, is
    Read More
  • European market for EV charging stations expected to grow
    May 31, 2013
    New analysis from Frost and Sullivan, Strategic Technology and Market Analysis of Electric Vehicle Charging Infrastructure in Europe, finds that the market for electric (EV) charging stations is expected to grow rapidly from 7,250 charging stations in 2012 to over 3.1 million by 2019 at a compound annual growth rate (CAGR) of 113.3 per cent over the period 2012-2019. France, Germany, Norway and the United Kingdom are expected to lead the market due to the high adoption rates of EVs in these countries.
    Read More
  • Path to tolling interoperability
    May 16, 2012
    Federal Signal Technologies (FSTech) will come to the ITS America Annual Meeting with a focus on tolling interoperability. As the company points out, it has always been a proponent of providing multi-protocol systems and solutions for open road tolling. These systems allow agencies and integrators to leverage legacy tag populations while providing a forward look towards adoption of new technology platforms as they arrive. With the development and release of Sirit IDentity readers, PIPS Cameras, Idris Lane S
    Read More

Highlighted Content