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Karacsony: Budapest transport authority books HUF 4.7 bn loss in 2019
August 7th, 2020
Budapest public transport authority BKK booked a 4.7 billion forint (EUR 13.6m) loss in 2019 due in large part to "the failed launch" of the electronic ticketing system which cost the company 6.1 billion forints, Gergely Karacsony, the city's mayor, said on Friday. In a Facebook entry, Karacsony said the Budapest city council will look into the reasons behind BKK's losses, insisting that someone would have to take responsibility for "Budapest's biggest scandal of the last several years".
MTI