Elevators in Hungary to meet stricter regulations by 2020
A decree amended by the Hungarian government last year could require thousands of elevators to be either replaced or refurbished by 2020, Hungarian daily Népszabadság reported today.
According to the head of the Hungarian Elevator Association, elevators that were not built or have not been renovated in the past 20 years, will be scrutinized for compliance with stricter safety regulations by 2020. Kornél Apatini told the paper that most of the aforementioned elevators are not expected to reach the threshold of safety regulations.
Approximately 30% of the 37,000 elevators in Hungary were installed before 1990. According to Apatini’s estimates, the cost of installing a new elevator is roughly HUF 5-10 mln, while the cost of renovation is about 20%-25% of that amount.
ADVERTISEMENT
Number of Liquidations Increasing Rapidly
Orbán's Salary Increased to HUF 4.178 mln
Hungary Tops out HUF 300bn Munitions Complex
Around 2,800 Events Take Place in European Capital of Cultur...
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.
