Heavy trucks’ tax on using main roads come 2008 in Hungary


Hungary has plans to levy a road tax, similar to motorway toll stickers, on heavy-goods trucks from next year, said national daily Népszabadság on Wednesday. The Economy Ministry wants to charge trucks weighing over 7.5 tons for using more than 50 of Hungary's main roads, most of them trans-boundary routes. Drivers who avoid making the payment face heavy fines. Fines will also be levied on drivers who make diversions from the main roads and use secondary roads, said the paper. The plan is still awaiting approval, pending a decision on introducing an appropriate electronic payment system based on distance travelled rather than a fixed fee. The earliest date likely for introducing the tax is the start of 2008 due to delays in implementing the system, said the paper. (Mti-Eco)


MKB Q1-Q3 Earnings Climb 16% Banking

MKB Q1-Q3 Earnings Climb 16%

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

European Shoppers Reveal Holiday Habits  Retail

European Shoppers Reveal Holiday Habits 

Hard Rock Hotel Opens 'Star Chalet' for Winter Season Hotels

Hard Rock Hotel Opens 'Star Chalet' for Winter Season


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.