Budapest metro line could be finished by spring of 2014

Deals

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.

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