Budapest bike-sharing scheme to expand

City

Photo by Blue Corner Studio / Shutterstock.com

Budapest's MOL Bubi bike-sharing scheme, operated by the Budapest Public Transport Center (BKK) with the support of Hungarian oil and gas company MOL, will be expanded by 900 bicycles and 75 docking stations, BKK CEO Katalin Walter said on Monday, according to a report by state news wire MTI.

The first 350 bicycles will be delivered in the second half of the year, Walter said.

At present, there are 1,560 bicycles in the Bubi fleet and 75 docking stations. 

Some 126,000 people are registered to use Bubi, with 12,000 new users added in April alone, Walter said. The bicycles are used over 5,700 times a day.

Budapest mayor Gergely Karácsony said the capital's District VIII is financing five new docking stations.

District VIII mayor András Pikó said city developments are being "tailored to people's needs" and noted the importance of supporting travel by cycle.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

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.