Renovation on Budapest metro line 3 going forward


Hungaryʼs Public Procurement Arbitration Board (KDB) has cleared the signing of a €219 mln underground carriage renovation contract between Budapest public transport company BKV and Russiaʼs Metrowagonmash, a resolution published yesterday reveals, according to Hungarian news agency MTI.

BKV Zrt. asked the KDB in a letter to approve the signing of the contract “as soon as possible”, as the underground line is in such bad condition that operations could be halted in any minute, and bypassing the line with replacement buses would cost HUF 23 bln each month, Hungarian online daily reported yesterday.

Metrowagonmash won the tender to renovate the 37 trains on the capitalʼs number three metro line, extending their lifespan by 25 years, in July, but Estoniaʼs Skinest Rail, whose bid in the tender was declared invalid, contested the decision.

It was reported earlier that Skinest Rail submitted a formal complaint to the European Commission over the public procurement procedure begun by Budapesti Közlekedési Zártkörűen Működő Részvénytársaság (BKV Zrt.) for the modernization and renovation of the vehicles of Budapestʼs Metro Line M3. The company handed the complaint in after BKV Zrt. qualified their bid as invalid on July 8 and awarded Russian Metrowagonmash (MWM) with the tender, the press release says. 


Chemark Inaugurates EUR 13 mln Pesticides Plant Crops

Chemark Inaugurates EUR 13 mln Pesticides Plant

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Higher Sugar Prices Raising Holiday Candy Costs Retail

Higher Sugar Prices Raising Holiday Candy Costs

Hungarian Tourism in Croatia Returning to Pre-pandemic Level... Tourism

Hungarian Tourism in Croatia Returning to Pre-pandemic Level...


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.