Four cleared to bid in e-toll tender
Hungary's State Motorway Management Company (ÁAK) on Saturday said it cleared four parties to bid in a tender to build an electronic toll system.
Eight parties registered to participate in the tender by the deadline on October 10. The four parties in the new round must submit offers by November 5. Dailies Népszabadság and Népszava said the four parties were T-Systems Magyarország, Getronics Magyarország, a consortium of Kapsch Trafficom and Kapsch Telematic Services, and China International Telecommunication Construction Corporation.
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.
Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%
Bulgaria's Household Income, Spending Rise 20% in 2023
Spar Magyarország Revenue Climbs Close to 16% in 2023
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.
