Budget, Estonia, Financial Services, Transport

International Internet Magazine. Baltic States news & analytics Wednesday, 22.10.2014, 12:37

Narva Bussiveod to receive additional funds from budget

Juhan Tere, BC, Tallinn, 10.10.2012.Print version
Estonian municipality transport company Narva Bussiveod which carries passengers in Narva will receive additional funding in a total of 343,815 euros, reports Estonian national broadcasting corporation ERR.

Narva Bussiveod has applied to the city government for finance due to complicated financial situation of the company. They were mainly caused by growing prices of the fuel. In March this year, the municipality has already transferred additional funds for support of the public transport, informs LETA.

 

The city government has included the funds, demanded by the transport company, in the budget of Narva; however, the move has to be approved by the city during next week.






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