311 result(s) for budapest public transport company
Agreement Saves Budapest Transport Company BKV From Bankruptcy
- 12 Apr 2012 9:02 AM
- getting around
"After long discussions, mayor Istvan Tarlos has signed an agreement with nine banks on refinancing Ft 63 billion of the BKV’s maturing debt, allowing the public transport company to escape the imminent danger of bankruptcy, Budapest city council said in a statement.
New Taxes Proposed To Save Budapest Public Transport Company BKV
- 7 Mar 2012 8:06 AM
- getting around
"A proposal to generate funds for Budapest public transport company BKV would levy taxes on companies under whose land public utility cables run, Népszabadság reports. The Századvég institute also proposed a congestion fee from the second half of next year and a lower VAT on BKV tickets.
Hungarian Government Aims To Hit Deficit Targets With Spending Cuts
- 28 Feb 2012 8:00 AM
- business
"The government aims to bring the budget deficit down to 2.5% of GDP this year and to 2.2% by 2013, with new fiscal measures, largely affecting subsidies for drugs and Budapest public transport company BKV, Economy Ministry undersecretary Peter Beno Banai said. The government will reduce spending by Ft 28-30 billion, or 0.1% of GDP this year, and some Ft 120 billion next year, or 0.4% of GDP, ...
Budapest Transport Company BKV To Close Sports Club This Month
- 16 Feb 2012 8:04 AM
- sport
"BKV Előre SC, the sports club of Budapest public transport company BKV, will close down in late February as the company can no longer fund it, a source told state news agency MTI. It will be announced on Thursday that salaries for athletes and technical staff will not be paid this month.
Budapest Transport Company's Chief Executive Resigns
- 13 Feb 2012 8:04 AM
- current affairs
"BKV CEO Gyula Várszegi resigned on Friday with immediate effect, apparently over up to Ft 100 million bonuses paid to BKV staff last week. If such bonuses were paid, the public transport company’s leaders did not inform the city leadership, said Dávid Vitézy, head of the Budapest Transport Centre.
Rogán: Budapest Must Cut Spending
- 3 Feb 2012 8:00 AM
- current affairs
"Budapest should tighten its belt if it is to bail out the public transport company BKV, Fifth District mayor Antal Rogán said in a statement issued on Thursday. Rogán, a Fidesz MP, said Budapest did not provide one forint of operational support to the transport company in 2010 and 2011, while the government gave it over Ft 140 billion in subsidies.
Police Looking Into Budapest Transport Company's Contracts
- 31 Jan 2012 8:00 AM
- current affairs
"Police raided BKV headquarters on Monday evening looking for documents related to former leaders of the Budapest public transport company it was announced. Detectives are investigating six contracts related to former CEO Istvan Kocsis, his former deputy Ferenc Olti and two other former senior BKV officials.
Budapest City Council Extends Ft 15bn To BKV
- 31 Jan 2012 8:00 AM
- current affairs
"Budapest city council on Wednesday voted to extend a Ft 9 billion loan to public transport company BKV with a repayment deadline of April 30. A Ft 9 billion loan to the BKV from MKB bank was due last Friday.
Charges Pressed In Budapest Public Transport BKV Scandal
- 17 Jan 2012 8:00 AM
- current affairs
"The Central Investigative Prosecutors Office on Wednesday filed charges against Socialist former deputy mayor Miklos Hagyo and 14 associates, alleging misuse of funds at Budapest public transport company BKV. The indictment states that Hagyo founded and ran a criminal organisation involving top and medium-level BKV executives which cost the BKV Ft 1.5 billion from January 2007 to August 2008.
Agreement Saves Budapest Transport Company BKV From Bankruptcy
- 12 Apr 2012 9:02 AM
- getting around
"After long discussions, mayor Istvan Tarlos has signed an agreement with nine banks on refinancing Ft 63 billion of the BKV’s maturing debt, allowing the public transport company to escape the imminent danger of bankruptcy, Budapest city council said in a statement.
New Taxes Proposed To Save Budapest Public Transport Company BKV
- 7 Mar 2012 8:06 AM
- getting around
"A proposal to generate funds for Budapest public transport company BKV would levy taxes on companies under whose land public utility cables run, Népszabadság reports. The Századvég institute also proposed a congestion fee from the second half of next year and a lower VAT on BKV tickets.
Hungarian Government Aims To Hit Deficit Targets With Spending Cuts
- 28 Feb 2012 8:00 AM
- business
"The government aims to bring the budget deficit down to 2.5% of GDP this year and to 2.2% by 2013, with new fiscal measures, largely affecting subsidies for drugs and Budapest public transport company BKV, Economy Ministry undersecretary Peter Beno Banai said. The government will reduce spending by Ft 28-30 billion, or 0.1% of GDP this year, and some Ft 120 billion next year, or 0.4% of GDP, ...
Budapest Transport Company BKV To Close Sports Club This Month
- 16 Feb 2012 8:04 AM
- sport
"BKV Előre SC, the sports club of Budapest public transport company BKV, will close down in late February as the company can no longer fund it, a source told state news agency MTI. It will be announced on Thursday that salaries for athletes and technical staff will not be paid this month.
Budapest Transport Company's Chief Executive Resigns
- 13 Feb 2012 8:04 AM
- current affairs
"BKV CEO Gyula Várszegi resigned on Friday with immediate effect, apparently over up to Ft 100 million bonuses paid to BKV staff last week. If such bonuses were paid, the public transport company’s leaders did not inform the city leadership, said Dávid Vitézy, head of the Budapest Transport Centre.
Rogán: Budapest Must Cut Spending
- 3 Feb 2012 8:00 AM
- current affairs
"Budapest should tighten its belt if it is to bail out the public transport company BKV, Fifth District mayor Antal Rogán said in a statement issued on Thursday. Rogán, a Fidesz MP, said Budapest did not provide one forint of operational support to the transport company in 2010 and 2011, while the government gave it over Ft 140 billion in subsidies.
Police Looking Into Budapest Transport Company's Contracts
- 31 Jan 2012 8:00 AM
- current affairs
"Police raided BKV headquarters on Monday evening looking for documents related to former leaders of the Budapest public transport company it was announced. Detectives are investigating six contracts related to former CEO Istvan Kocsis, his former deputy Ferenc Olti and two other former senior BKV officials.
Budapest City Council Extends Ft 15bn To BKV
- 31 Jan 2012 8:00 AM
- current affairs
"Budapest city council on Wednesday voted to extend a Ft 9 billion loan to public transport company BKV with a repayment deadline of April 30. A Ft 9 billion loan to the BKV from MKB bank was due last Friday.
Charges Pressed In Budapest Public Transport BKV Scandal
- 17 Jan 2012 8:00 AM
- current affairs
"The Central Investigative Prosecutors Office on Wednesday filed charges against Socialist former deputy mayor Miklos Hagyo and 14 associates, alleging misuse of funds at Budapest public transport company BKV. The indictment states that Hagyo founded and ran a criminal organisation involving top and medium-level BKV executives which cost the BKV Ft 1.5 billion from January 2007 to August 2008.