Budapest Mayor Announces Major New Cost-Cutting Measures

  • 23 Nov 2020 8:03 AM
  • Hungary Matters
Budapest Mayor Announces Major New Cost-Cutting Measures
Budapest Mayor Gergely Karácsony on Friday announced a series of measures aimed at reducing the municipal council’s expenditures.

The measures include the merger of five city council-run companies and reducing the number of city council committees, Karácsony said on Facebook.

Municipal parks manager Főkert, the Budapest Funeral Institute, metropolitan chimney sweeping company FŐKÉTÜSZ, Budapest’s public works company FKF, district heating company Főtáv and the Budapest City Administration Holding Company (BVH) will be merged into a single public works company, the mayor said.

The company’s CEO will be Imre Mártha effective January 1, 2021, he added.

Karácsony also said that Katalin Walter will be appointed CEO of Budapest transport authority BKK effective Jan. 1.

MTI Photo: Zoltán Balogh

Related links

Budapest Mayor: Gov't Would 'Reject Helping Hand' By Vetoing EU Budget

Chamber Of Commerce Slams Budapest 'Re-Start Tax'

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this twice-daily newsletter covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI. Click the title above for more info, and to subscribe.

Explore More Reports