Regional coach company Pannon Volán, a member of the state-owned Volán group, plans to take out a HUF 3 billion loan to buy 80 new buses in the next two years, CEO Zoltán Horváth said at a press conference on Friday.

Pannon Volán also plans to spend HUF 827 million on a new fare and passenger information system, Horváth said.

Pannon Volán had profit of HUF 46 million on revenue of about HUF 7 billion in 2010, about the same as in 2009.