Budapest Update Dec. 25, 2025: Gellért and Rác Baths Renovation Delays Deepen as BKK Signs MOL Bubi 3.0 Contract
Budapest’s €60 million loan application to renovate Gellért, Rác, and Széchenyi Baths was rejected by the Hungarian government, delaying the projects. The city’s bath operator plans to resubmit the request as Gellért Bath remains closed, creating a major revenue gap. Meanwhile, the MOL Bubi bike-sharing system will expand without a winter shutdown.
