From the beginning of 2002, the Bulgarian State Railways Company (BDZ) will be split into a National Railway Infrastructure Company and a National Railway Carriage Company. `This restructuring plan is based on the EU requirements for railway carriage, railway carriage licensing and railway development strategy,` parliamentary Transport and Telecommunications Committee chairman Yordan Mirchev said at a regular meeting of the parliamentary Euro-integration committee. Transport Minister Plamen Petrov and his Deputy Zlatolina Mukova also attended the meeting. The coming restructuring of the domestic railway transport will be very difficult process since the state railways are in serious financial trouble. The company owes BGN 220 M in short-term loans, BGN 30 M to the National Social Security Institute and BGN 30 M to its employees.

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