Uber Ride-Sharing App to Suspend Hungary Operations from July 24

Authorities from ride-sharing app Uber have stated that the company will suspend its operations in Hungary from July 24, when brand-new rules managing traveler transport are due to work.

Uber Hungary director Zoltan Fekete stated Wednesday that the service had 160,000 users and 1,200 drivers in the nation. Uber users registered in Hungary will still have the ability to utilize its app abroad.

Legislation passed in June enables authorities to suspend websites like Uber for approximately a year if they continue to run without the needed licenses after being fined. The laws were altered after pressure from taxi companies and motorists, who held many demonstrations slowing traffic in downtown Budapest.

Uber started running in Hungary in November 2014. They say that 40 percent of Uber users in Hungary were tourists.