KDB Cancels Budapest Trolley Tender
- 14 Apr 2014 9:00 AM
The court ruling is a mistake, according to the tender issuer, Budapest transport authority BKK.
Due to the relevant EU subsidy deadline expiring soon, some Ft 3.4 billion in subsidy may be lost, news site Index pointed out.
The EU could cover 99% of the cost of the 24 trolley buses, commented Socialist Budapest caucus leader Csaba Horváth, who has called on Budapest mayor István Tarlós to dismiss BKK head Dávid Vitézy.
Tarlós has launched an internal investigation.
In order not to lose the EU subsidy, BKK has asked KDB to revise its ruling. If it does not, BKK will turn to the court for revision, Vitézy said.
Source: Hungary Around the Clock
This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.
LATEST NEWS IN business