Budapest, February 25 (MTI) – The Budapest Public Transport Company (BKV) plans to lay off one-fourth, about 900 of its bus drivers this year, daily Nepszabadsag said today.

The paper said that 320 of the drivers would be taken over by the state-owned long-distance bus company Volanbusz.

According to the paper, the lay-offs have been triggered partly by BKV’s billion forints worth of debt, a dramatic drop in the company’s competitiveness and partly by the new bus services model.

For the operation of the new services model, BKV has been forced to contract outside operators and lease a large number of new buses to replace the stock of ages-old vehicles, the paper said.

In a bid to improve competitiveness, BKV’s management has also designed a new remuneration scheme for bus drivers over which the drivers’ union expressed strong reservations, said the paper.



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