Establishment of BKV, The Budapest Transport Company (1968-present days)

Establishment of the Budapest Transport Company   BKV, the Budapest Transport Company was established in 1968. Its first General Director was Józ

Establishment of the Budapest Transport Company


 

BKV, the Budapest Transport Company was established in 1968. Its first General Director was József Daczó between 01.01.1968 - 32.12.1983.

 

 

Thanks to the reform of the fare-system the ticket regime became significantly simplified and the conditions for operation without conductors were laid down. The changes were introduced on all BKV vehicles in 1968, too.

 

 

The bus network of Budapest was essentially ready by this time and new routes were created only to satisfy the demand of the newly built housing estates.

 

 

Since 1968 BKV Has operated the river crossing and local boat services.

 

 

One of the most dynamic period of Budapest transport began in the early 1970s. In 1970-1972 Metro Line 2 was inaugurated. In January 1973 the operation of the metro was brought under BKV control.

 

 

From the 1970s organizing and developing the public transport for the conurbation area gained higher importance in transport policy concepts.

 

 

On the centenary of the unification of Óbuda, Buda and Pest, the capital became richer with several new or renovated facilities. The most important developments included the modernisation of the underground railway along Andrássy Avenue and the modernisation of the cogwheel railway to Svábhegy. The route of the underground railway as it is today was completed by the centenary. The old cogwheel railroad trains ran in 1973 for the last time.

 

 

 

 

The Funicular of the Buda Castle, which was severely damaged in World War II, was fully refurbished, electrified and delivered to the public on 4th June 1986.

 

 

In these years, between 01.01.1984 and 31.12.1990, Dr. József Zahumenszky was the General Director of BKV.

 

 

The construction of the Metro continued. As one of its key benefits, the metro network reached all the three highly frequented railway stations. At the junction of the three metro lines the Deák Ferenc tér transport node was put into shape.

 

 

 

 

In 1991 all of BKV"s assets were transferred from state-property to the Municipality of Budapest. Between 01.01.1991 and 30.06.1993 Sándor Holl held the responsibility of the General Director of the company.

 

 

The General Assembly of the Municipality of Budapest transformed BKV into a real business entity, notably a shareholders’ company coming into effect on 1st January 1996. This way, BKV Rt. (BKV Company Limited by Shares) was created.

 

 

Between 01.07.1993 and 31.12.2006 the company was controlled by Botond Aba General Director.

 

 

The reconstruction of the Csepel suburban railway commenced in 1996 and was completed in 2000. Starting from 1998, many district and local services were launched (City-bus, Újhegy bus, Palota bus etc.). These connect today the major healthcare and public institutions of a given district.

 

 

BKV continued its vehicle modernisation and vehicle purchase projects. While doing so, it purchased vehicles being designed with a view to the principle of equal opportunities, and satisfying the needs of handicapped passengers, elderly people who move about with difficulty and mothers with small children. From 2001 four special buses help those with handicaps in their transport in Budapest. These vehicles run door-to-door (i.e. as requested by the passengers in advance).

 

 

 

 

To improve passenger services, a Central Customer Service Office was opened in Akácfa Street in 2003. Those who are interested can receive information here about the services, the schedule, the ticket and pass prices and their use by appearing in person or by phone from highly qualified representatives.

 

 

Due to a change in legislation the name of the company changed as well on 6th February 2006. Now it is officially called Budapest Transport Privately Held Corporation, abbreviated as BKV Zrt.

 

 

From 01.01.2007 to 15.04.2008 Attila Antal was the CEO of the company, then between 19.02 2008 and 31.08.2008 the company was led by Zsolt Balogh, assigned CEO.

 

 

Dr István Kocsis has been the CEO of BKV Zrt. since 01.09.2008.

After the leaving of Dr. István Kocsis - as of 5 September 2011 temporarily - Dr. Gyula Várszegi, the chairman of the Board of Directors was in charge of the duties of the Chief Executive Officer, followed by Tibor Bolla from 14 February 2012.

 

Our company now operates 5 large divisions (bus, tram, metro, suburban and trolleybus) in an integrated system. In addition to these, it also operates the cogwheel railway, the funicular and the boat service, which are predominantly important for tourism. 

 

 

BKV Zrt. preserves the relics of its own and its legal predecessors by its two museums and operating nostalgic vehicles.

 

 The transport services of the Company transport approximately 1.3 billion passengers a year.