According to the paper, the lay-offs have been triggered partly by BKV’s billion forints worth of debt, a dramatic drop in the company’s competitiveness and partly by the new bus services model.

BKV has been forced to contract outside operators and lease a large number of new buses to replace the stock of ages old vehicles, the paper said.

In a bid to improve competitiveness, BKV’s management has also designed a new remuneration scheme for bus drivers over which the drivers’ union expressed strong reservations, said the paper.

Source www.hungarymatters.hu

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