Estonia's Skinest Rail files complaint over Budapest metro tender

By bne IntelliNews July 17, 2015

Skinest Rail has filed a complaint with the European Commission against Budapest public transport company BKV for throwing out its bid to modernise trains on the city’s M3 metro line, the Estonian train manufacturer announced on July 16.

BKV awarded the contract to Russia’s Metrovagonmast on July 8, after disqualifying Skinest. The Estonian company claims that the eight points cited by the Hungarian transport operator as reasons to disqualify the bid are formal in character. It said in a press release that it trusts the European legal forum will arrive at the same conclusion.

The same day the result of the tender was announced, the Hungarian parliament approved legislation to simplify and speed up certain development investment projects in Budapest. The bill, dubbed the M3 Act because of its focus on the M3 modernisation project, limits legal recourse against public procurement decisions. That means Skinest has effectively only the European Commission to turn to, the Estonian company complains.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Evolution Equity Partners closes $125mn cybersecurity-focused fund

Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more

Central European and Baltic economies shrugging off political uncertainty

Medium-term economic growth forecasts for Central Europe and the Baltics have been raised by The Vienna Institute for International Economic Studies (wiiw) in a report issued on June 29. The most ... more

Germany and Gazprom question need for EU talks on Nord Stream 2

A joint EU mandate to discuss the operating rules that would apply to Russia's planned Nord Stream 2 gas pipeline is not necessary, Angela Merkel said on June 15. Russian state-controlled ... more

Most Read

  1. Erdogan lashes out at Germany, Nato, says "God willing" he'll have Russian missiles soon
    2 days ago
  2. STOLYPIN: Donbas continues to be as unpredictable as it is unloved
    2 days ago
  3. Ukrainian farmers turn to Donbas veterans for protection from raiders
    2 days ago
  4. EU allows Gazprom to use an additional 40% of OPAL gas pipeline's capacity
    3 days ago
  5. Tajik president’s 23-year old daughter appointed deputy head of largest Tajik bank
    7 days ago
  1. Erdogan lashes out at Germany, Nato, says "God willing" he'll have Russian missiles soon
    2 days ago
  2. CHINA RISING: When sleeping giants meet
    16 days ago
  3. STOLYPIN: Donbas continues to be as unpredictable as it is unloved
    2 days ago
  4. Belarus’ retail king Euroopt goes on the road
    22 days ago
  5. STOLYPIN: Russia’s cyber-challenge cuts both ways
    24 days ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Dismiss