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Privacy
Budapest
Site-No. 537
Within a concession framework, Berlinwasser International experts are contributing to the successful operation of the Budapest wastewater treatment plant. The Fövarosi Csatornásási Müvek Rt. is responsible for wastewater disposal and flood protection in the Danube metropolis.
History
1990
In the aftermath of 1989, Hungary saw many of its state utilities broken up, privatized or closed for economic reasons. Local communes retained responsibility for water supply and wastewater disposal. There was an urgent need to increase efficiency:
History
1990
In the aftermath of 1989, Hungary saw many of its state utilities broken up, privatized or closed for economic reasons. Local communes retained responsibility for water supply and wastewater disposal. There was an urgent need to increase efficiency:
- Discontinuation of state subsidies
- Improved services
- Introduction of modern technologies
1992
A privatization study is conducted. The models under discussion:
A privatization study is conducted. The models under discussion:
- Sale of assets
- Sale of shares
- Sale of a license
1994
The Budapest Assembly decides to convert the public sewerage utility into a public stock company. Twenty-five percent of the shares are slated for sale to private investors.
The Budapest Assembly decides to convert the public sewerage utility into a public stock company. Twenty-five percent of the shares are slated for sale to private investors.
1997
Privatization contracts are signed. Contracting partners:
Privatization contracts are signed. Contracting partners:
- The city of Budapest
- Géneral des Eaux, France
- Berliner Wasserbetriebe
Mobile equipment for repair and maintenance of sewer system in the centre of Budapest.
The company maintains a sewer network around 4,500 km in length.
Capacity expansion and modernization projects for treatment facilities and the sewer system.
FCSM treats wastewater produced by around 2 million Budapest residents.
