Reforming and privatizing Hungary's road haulage

Esra Bennathan, Jeffrey Gutman and Louis Thompson

No 790, Policy Research Working Paper Series from The World Bank

Abstract: The Volan units (previously unitary but now formally dismembered) provide public transport services for both passengers and freight, and make up the largest enterprise in Hungary's road transport industry. Immediately after separation in 1989, the Volan group of units employed 67,000 persons and operated 12,672 trucks and 8,010 buses. In 1989 Volan carried 34 percent of Hungary's professional road haulage tonne-kilometers. This report focuses on options for restructuring the Volan group. It therefore also considers the content and implementation of Hungary's overall road transport policy as well as related questions of finance and taxation, all of which define the conditions under which the Volan successor enterprises, however transformed, will have to prove themselves.

Keywords: Roads&Highways; Banks&Banking Reform; Municipal Financial Management; Transport and Trade Logistics; Common Carriers Industry (search for similar items in EconPapers)
Date: 1991-10-31
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