Budapest Mayor Announces Cost-Cutting Measures

Local News

Budapest Mayor Gergely Karácsony on Friday announced a series of measures aimed at reducing the municipal council’s expenditures.

The measures include the merger of five city council-run companies and reducing the number of city council committees, Karácsony said on Facebook. Municipal parks manager Főkert, the Budapest Funeral Institute, metropolitan chimney sweeping company FŐKÉTÜSZ, Budapest’s public works company FKF, district heating company Főtáv and the Budapest City Administration Holding Company (BVH) will be merged into a single public works company, the mayor said.

The company’s CEO will be Imre Mártha effective January 1, 2021, he added. Karácsony also said that Katalin Walter will be appointed CEO of Budapest transport authority BKK effective Jan. 1.


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