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Local newswire MTI reported on Monday, 11th July that the Budapest Municipality has reached an agreement about underground metro cars for Hungary with French train manufacturer Alstom, after a lengthy debate.
Budapest has pushed a 12-point package of proposals, while earlier Alstom had already agreed to 11. A deal on the last point which is a force major case has only been sealed now. The final contract is lined up to be discussed on Thursday afternoon at a closed meeting by the General Assembly of the Budapest Municipality. The details of the final agreement have not yet been disclosed.
The Budapest Transport Company (BKV) annulled its contract with Alstom on 20 October 2010. Under the deal, which had been inked in May 2006, the French engineering company was to deliver 22 trains for Budapest's Metro2 line for EUR 150 million and 22 trains (15+7) for the new fourth metro line, which is still under construction, for EUR 114 m, but as it fell short in obtaining the type approval for the manufacturing of the cars, Budapest Transport Company terminated the deal.