Gellért Hill funicular moves closer to realization

City

Elena Kirey / Shutterstock.com

Preparations for the construction of a funicular that will bring visitors to the top of Budapestʼs Gellért Hill, could be completed in "the coming weeks or months", project company SIKLÓ-BERUHÁZÓ said on Wednesday, according to a report by state news wire MTI.

Photo by Elena Kirey / Shutterstock.com

The company noted that the government declared its support for the project in a resolution dated July 10. The project is also backed by the mayor of Budapest and the mayor of the capitalʼs District I, where the hill, which towers over the banks of the Danube at a relative height of 130 m, is located, it added.

The funicular will start from a 100 m-long tunnel in the Tabán neighborhood, then run along a series of towers all the way to the Citadella, at the top of the hill, reducing or even replacing the stream of tourist buses that make the ascent at present, SIKLÓ-BERUHÁZÓ said.

SIKLÓ-BERUHÁZÓ is in the process of extending the construction permits for the project and updating a contract with the Budapest municipal council signed back in 2009.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Gov't Wants Sustainable Business Model for Magyar Posta Government

Gov't Wants Sustainable Business Model for Magyar Posta

120,000 Guest Workers Employed in Hungary HR

120,000 Guest Workers Employed in Hungary

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

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.