Budapest, Central Gov't Reach Agreement on Travel Passes
Shutterstock.com
Mayor of Budapest Gergely Karácsony and Minister of Construction and Transport János Lázár reached an agreement on reciprocal use of passes for city, county, and country-wide public transport, the mayor's office said in a press release.
Under the agreement, Budapest passes will be valid on public transport in the entire area of the capital, while country and Pest County passes for state-owned public transport will be valid on the capital's BKK network.
The sides also agreed on a new system for allocating central budget support to the city's public transport.
As a result of the new agreement, the Municipality of Budapest will pay HUF 5.57 billion to MÁV as a settlement of the agglomeration cost compensation for 2022-2023.
Lázár announced earlier that public transport passes for the state-owned MÁV-Volán group would be streamlined from March 1.
Erste Bank Hungary Q1 Earnings Close to HUF 29 bln
Hungary Welcomes Extension of China's Visa Exemption Policy
Living's Kassák Terrace and Park West 3 Classified as Brownf...
Aldi Opening Biggest Store in Budapest
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
