More bad news for Budapest taxi companies in BKK audit

Competition

The Budapest Public Transport Center (BKK) has reported faults with about one in every five taxis in a recent five-month audit of the sector. 

According to local business daily Napi Gazdaság, BKK ran checks on 2,584 taxis doing business in Budapest during the time period and found overcharging in 265 instances.

In addition, about 31% of the taxis failed to give passengers a receipt, and BKK initiated the withdrawal of 209 taxi-driving licenses due to lack of proper permit to use taxi stands.

This marks the second bit of bad news for the taxi business in the capital city this month. Last week, local media reported that the number of taxicabs in Budapest has dropped by almost 1,000 since a decree regulating the business came into force in September.

Newly-released BKK data showed that the number of licensed taxis dropped 14% to 5,152 between the end of 2012 and the middle of January. The number of taxi companies operating in Budapest has fallen from 21 to 11 in that time.

MOL Shareholders Approve Dividend of Around HUF 250/Share Figures

MOL Shareholders Approve Dividend of Around HUF 250/Share

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo... Government

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...

Hungary's Largest ESG Consultancy Formed by Merger of EY, De... Deals

Hungary's Largest ESG Consultancy Formed by Merger of EY, De...

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.