page_title: Budapesti Közlekedési Zrt.
section_title: Funding
hierarchical_section_title: Budapesti Közlekedési Zrt. / Funding
caption_attribution_description: English: Budapest, metró 4, Kelenföld vasútállomás
context_page_description: Budapesti Közlekedési Zrt. or BKV Zrt. is the main public transport operator in Budapest, Hungary. BKV was established in 1968 as a unified public transport company with the merger of the companies responsible for the different means of transport; bus operator FAÜ, tram and trolleybus operator FVV, suburban railway operator BHÉV and riverboat operator FHV. The metro was added in 1973. The transport in Budapest underwent another reorganization in 2010 when the BKK was founded for the management of the city transport and infrastructure.
  Since then, BKV is the largest public transport contractor of BKK, operating 4 metro, 33 tram, and 15 trolley bus lines, and most vehicles on the 231 local bus and 40 night bus lines.
context_section_description: After the fall of Communism, BKV was traditionally plagued by a lack of funding. It survived by selling some of its garages and repair bases for mall and housing development. As of October 2009 the average BKV diesel bus was 16.5 years old and the oldest one of the 1,400 strong fleet was 24 years old, with 3.5 million kilometers to its track record.  Yet starting in 2010, a bus replacement program scrapped most of those old buses and increased the ratio of modern, air-conditioned low-floor buses to 80% by 2016. Their share is planned to reach 100% by 2018.
  In 2006, Siemens Combino Supra trams completely replaced the carriages serving the Grand Boulevard. In the same year, French Alstom metro trains were ordered to replace all Soviet carriages on metro line 2 and to serve on metro line 4, the construction of that line started in that year. All units for both lines entered service by 2014, in which year 47 air-conditioned, low-floor CAF trams were purchased. Their delivery will be completed by 2017. In 2016, the more than 30 years old Russian trains running on Metro Line 3, produced by Mytishchi Machine-building Factory, started to be reconstructed by the legal successor Metrowagonmash.
  BKV operates on a net-loss basis; state-mandated ticket prices cover less than 50% of running costs. The state circumvents EU regulations by failing to fully compensate the BKV company for operating costs and amortization.
caption: Metro Line M4 Kelenföld Railway station
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