Budapest Transport Company to raise public-transport fees 5-8% next year
The Budapest Transport Company (BKV) plans to raise public-transport fees 5-8% in 2013, the daily Magyar Nemzet reported on Monday.
The newspaper said that the Budapest Public Transport Centre (BKK) would submit various proposals regarding a hike in public-transport fares to the Budapest Council on Wednesday. Magyar Nemzet noted that Budapest mayor István Tarlós and Budapest Transport Company CEO Dávid Vitézy have both cited the need to raise public-transport fees in 2013, the first such increase in three years, to compensate for their 15% real-term price decline over that time.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.