Skip to main content

Hungary may introduce Budapest congestion charge

Hungary is considering introducing a congestion charge scheme to capital Budapest at the end of 2016. The aim of the scheme is to cut congestion in the city, with traffic jams and delays frequent particularly in the historic centre. The scheme will also help generate revenue that will pay back EU funding worth some €565.2 million, which was used to pay for the construction of the M4 underground line in the city.
January 16, 2015 Read time: 1 min
Hungary is considering introducing a congestion charge scheme to capital Budapest at the end of 2016. The aim of the scheme is to cut congestion in the city, with traffic jams and delays frequent particularly in the historic centre. The scheme will also help generate revenue that will pay back EU funding worth some €565.2 million, which was used to pay for the construction of the M4 underground line in the city.

Related Content

  • Economic gains from widening the A453 in Nottingham, England
    August 12, 2014
    Work is well underway on turning a busy just over 11km two-lane link road from the city of Nottingham to Junction 24 of the M1 in Leicestershire, England into a four-lane highway. The widened highway will relieve considerable peak-time congestion for travellers to Nottingham, the M1 and East Midlands Airport while also making journeys safer and more reliable. Guy Woodford reports Used by up to 30,000 vehicles a day, the A453 is renowned for congestion at peak travel times. But years of day-to-day commuter a
  • EU governments make surplus from road taxes, a FIA study finds
    November 9, 2016
    European Union governments took in €286.3 billion in road taxes during 2013 but re-invested only €178 billion back into highways, according to a new study.
  • Austria, Hungary, Slovenia set up middle Europe driverless region
    April 3, 2018
    The transport ministers of Austria, Hungary and Slovenia have signed an agreement to cooperate on the development of autonomous vehicles and e-mobility. The agreement advocates creating an Austrian-Hungarian-Slovenian driverless region to help develop and understand the latest mobility technologies and vehicles, according to a report in the Austrian newspaper Oberösterreichische Nachrichten. A test-track for autonomous vehicles stretching from Graz, Austria, to Zalaegerszeg in Hungary, via Maribor, Sl
  • STRABAG sees profits grow
    April 29, 2016
    Construction company STRABAG has seen its financial performance improve during the 2015 financial year. The firm’s earnings before interest and taxes (EBIT) reached €341.04 million, an increase of 21% over the previous year. Double-digit growth was also achieved in net income (after minorities), with a gain of 22% to €156.29 million, while earnings/share grew from €1.25 to €1.52. These developments have compelled the management board to propose to the AGM planned for June 2016 a dividend of €0.65, which wil