Hungary's state-owned regional bus company Volan is seeking to secure a HUF 7.4bn (EUR 25.4mn) credit and has launched a tender to buy 114 new buses and 132 used buses, MTI news agency reported, citing the Public Procurement Gazette. The deadline for submitting bids is January 15 and Volan will hold talks with approved candidates on March 11. The purchase of new buses includes 46 articulated low-floor buses, 35 long non-articulated low-floor buses and 33 regular-length non-articulated low-floor buses. Bidders in the tender for used buses will lease and maintain buses in nine communities in the Budapest metropolitan area. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more