Budapest metro line could be finished by spring of 2014
Budapest's civic leaders have taken extraordinary measures in the past weeks to see the completion of the capital's fourth underground line which could technically be finished by the spring of 2014, mayor István Tarós said in an interview published in Monday's issue of daily Magyar Nemzet.
Tarlós said "scandalous" contracts signed under the city's previous government had caused the cost of the project to swell to HUF 400 billion.
He said the city had appointed new management at the directorate overseeing the project: Tibor Radnay, who was earlier the technical director of Metróber, will take the top position in the directorate, rather than the CEO of the Budapest Public Transport Company (BKV), and his deputy will be a lawyer with expertise in the area.
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.