To buy or not to buy? Mayor considers new metro trains

Deals

Whether to buy new trains, using European Union funding, or renovate old trains with credit remains an open question in the planning of the renovation of Budapest’s No. 3 underground line, mayor István Tarlós said in Tuesday’s issue of daily Magyar Nemzet.

Buying new trains would cost HUF 90 billion, Tarlós said, whereas renovating the old Soviet-made carriages would cost HUF 60 billion.

The government, which must give the local council permission to take out any loan for the renovation, is expected to take up the question at a cabinet meeting on Wednesday, he said.

Tarlós dismissed a report that he had negotiated with Russian President Vladimir Putin a week earlier on replacing the trains, but did confirm that he had discussed the matter with Prime Minister Viktor Orbán in a meet last week.

The trains on line no. 3 were made by Metrovagonmash.

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