Send to Kindle
Bulgaria's Transport Minister Danail Papazov. Photo by BGNES
Transport Minister Danail Papazov has said it will take five to seven years to raise the Bulgarian State Railways (BDZ) "back on their feet".
He added the state was waiting for approval from Brussels to grant some BGN 170 M (EUR 85 M) to the cash-stripped railway company, which is still struggling to deliver on its debts accumulated prior to Bulgaria's accession into the EU.
Agreement was expected within a short time, Papazov told the Bulgarian National Radio.
He admitted reforms within the transport sector were a tough challenge.
"It is no secret many of our companies, and the administration as well, need an urgent reform. The problems with BDZ are extremely complicated, they have been piled up for 25 years," the Minister added.
However, he pointed the cabinet's achievements in the fields of e-government and the EU's Transport Operational Program.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgarian State Railways (BDZ) revealed that train delays, caused by them in 2023, amounted to less than 2%, citing unregulated railway crossings as a primary cause
CRRC Qingdao Sifang Locomotive Co., Ltd., a major Chinese rolling stock manufacturer, has withdrawn from a procurement tender in Bulgaria following an investigation by the EU Commission
Since the beginning of this week, Bulgarian State Railways (BDZ - Passenger Services) EOOD has introduced experimental electronic ticketing on trains by the transportation staff using PDA devices
A locomotive of a passenger train caught fire at Tulovo station. The incident was reported at 8:30 a.m. There were no injuries
Bulgaria's Minister of Transport, Georgi Gvozdeikov, dismissed the board of directors of "BDZ Holding" (Bulgarian Railways)
A "Bulgarian Railways" train was pelted with stones. Glass was broken. The train driver was injured, reported the press center of the BDZ
As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
Vacationing at the seaside, whether in our country or abroad, is reasonably priced
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
