MÁV eyes railway around Budapest

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Hungarian state-owned railway company MÁV is planning to spend HUF 6-7 billion on linking some railway lines around Budapest, in order to ease up traffic at the capitalʼs Western Railway Station, one of the busiest stations in the city, according to a report by Hungarian economy daily Világgazdaság.

The establishment of a railway around the city would mean restoring a service that the city has not had for approximately 60 years, the paper noted.

The railway hopes to receive European Union funding for the investment, which is expected to be launched in 2018, after the designs are made next year, the paper added. 

MÁV told the paper that negotiations have already been carried out with the authorities of the related areas, as well as with the Budapest Transport Center (BKK).

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