Vegyépszer-Porr-Bilfinger consortium to sign contracts for two Metro 4 stations

City

A consortium of Hungary's Vegyépszer and Austria's Porr and Bilfinger will sign the contract to build two stations along Budapest's planned fourth underground line within days, and work on the stations is expected to start by year-end, Vegyépszer CEO Gyula Timár said on Tuesday, a day after the consortium was named the winner of the tender.
The consortium won the bid with an offer of Ft 13.78 billion to build the station at Keleti Railway Station and an offer of Ft 6.02 billion to build the station at Népszínház utca. The entire fourth line, to run from Etele tér in the south of Buda to Bosnyák tér in the east of Pest, will cost Ft 376 billion. It is scheduled to be completed in 2010. The first stretch, between Etele tér and Keleti Railway Station, will cost Ft 295 billion and be completed by 2009. (Mti-Eco)

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.

Support the BBJ

Events