Bus-builder lays off 100

Bus manufacturer Kravtex has sent 100 of its workers on forced leave, because the Public Procurement Arbitration Court cancelled a state contract last Monday.

State-owned Autóbusz-Invest, owned by the privatisation agency ÁPV, commissioned buses from Kravtex for the state-run Volán bus services. The contract was cancelled following a challenge from Scania and Daewoo.

Győr-based Kravtex has 370 employees at its Mosonmagyaróvár factory. It has already purchased the components for the 115 buses to be made for Volán.

The above story is just one of more than two dozen published today by Hungary Around the Clock, the most comprehensive source of daily English-language news about Hungary. For a free trial of HATC, click here. Hungarian news sources include Népszabadság; Magyar Hírlap; Világgazdaság; Napi Gazdaság; Magyar Nemzet; Népszava; Kossuth Rádió news and Hungarian television's nightly news broadcast.

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