Four bid in e-toll tender

In Hungary

All four parties cleared to bid in a in a tender to build an electronic toll system called by Hungary's State Motorway Management Company (ÁAK) submitted offers by the deadline, ÁAK said on Monday.

Negotiations with the parties will start early next week, ÁAK said. ÁAK said earlier that it cleared the four parties to bid in the tender, but did not name them.

Dailies Népszabadság and Népszava said the four parties were T-Systems Magyarorszag, Getronics Magyarország, a consortium of Kapsch Trafficom and Kapsch Telematic Services, and China International Telecommunication Construction Corporation (CITCC).

Hungarian IT company Synergon said its unit Synergon Integrator was cleared to bid in consortium with CITCC. Hungary is to introduce an electronic toll system by July 1, 2013 at the latest under a recently published government resolution.

The size of tolls in the new system will be determined by distance travelled. The system at present uses vignettes valid for time increments. The government has allocated HUF 42 billion for the construction of the system.

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

EC Calls on Hungary to Comply With CJEU Ruling on Asylum See... EU

EC Calls on Hungary to Comply With CJEU Ruling on Asylum See...

Hungary's Largest ESG Consultancy Formed by Merger of EY, De... Deals

Hungary's Largest ESG Consultancy Formed by Merger of EY, De...

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

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.