Budapest Extends Option to Buy Another 31 CAF Trams

Transport

Photo by BKK

The Budapest Public Transport Center (BKK) on Thursday said it signed an extension of an option to purchase another 31 trams from Spain's CAF, according to a report by state news wire MTI.

BKK now has until March 18, 2023 to decide on calling down the option to buy the trams at 2014 prices. The option does not stipulate tram type, allowing BKK to buy long or short trams.

The municipal council of Budapest voted unanimously in October to call down an option for 20 trams, with a value of around HUF 17 billion, included in the contract the city's public transport company signed with CAF in 2014.

ADVERTISEMENT

Voluntary Pension Fund Contributions Climb 20% in Q1-Q3 Figures

Voluntary Pension Fund Contributions Climb 20% in Q1-Q3

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Higher Sugar Prices Raising Holiday Candy Costs Retail

Higher Sugar Prices Raising Holiday Candy Costs

Hungarian Tourism in Croatia Returning to Pre-pandemic Level... Tourism

Hungarian Tourism in Croatia Returning to Pre-pandemic Level...

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.