In order to achieve modernization and make the railways profitable, BDZ Holding and its state companies for passenger and freight transport will merge, Minister of Transport Nikolay Sabev has announced.
"They will merge into one; we remove those structures that can't work and function and we start managing costs and raising productivity. The road map will be ready by February 18," Sabev said.
The Minister promised that BDZ would be rehabilitated by 2023. No rapid increase in travel speed is planned. Work will be done for meeting the schedules and improving the services in order to gain a larger market share and make the railways more attractive to citizens and businesses. It is planned that BDZ would enter the capital market in 2024, the minister added.
The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the country’s entry into the Eurozone. The official BGN to Euro exchange rate is fixed, with the Lev..
89% of German investors in Bulgaria would choose Bulgaria again for their investments . This is indicated by a study by the German-Bulgarian Chamber of Industry and Commerce conducted in 2024. Germany continues to be a key partner of Bulgaria in terms of..
The euro area annual inflation rate was 2.5% in January 2025, up from 2.4% in December 2024. In Bulgaria, it accelerated more sharply in January to 3.8% from 2.1% a month earlier , reaching the highest level in 12 months (since January 2024, when it..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute...
Bulgaria has favorable climatic conditions for producing electricity from the su n, even in the transitional seasons of spring and autumn. One of the..
A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by..
Cloudy
Fog