MÁV completes Ft 3.5 bln control system along Budapest-Vienna line
Friday, September 23, 2005, 15:40
Hungarian railway company MÁV has completed a new Ft 3.5 bln electronic control system along the line between Budapest and Vienna, Finance Ministry undersecretary Gábor Dióssy announced on Thursday. The system must still undergo checks by the responsible authorities and will start operations no later than spring, Dióssy said. European Commissioner for Transport Jacques Barrot and Austria's Transport Minister Hubert Gorbach were also present at the ceremony to inaugurate the new system. The new European Train Control System (ETCS), installed on the line between Budapest and Hegyeshalom, at the border with Austria, can handle more complex switching operations, allowing trains to travel as fast as 140-160 kilometres per hour. Half of the cost of the system was covered by the EU's ISPA funds. The state paid for 10% of the cost and the rest was paid for with loans from the European Investment Bank (EIB).