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.
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
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