FlixBus Expands Routes from Bulgaria: New Connections to Thessaloniki, Athens, and More
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
GENERAL ELECTRIC MAY APPLY FOR STATE RAILWAYS GSM PROJECT
Business | December 10, 2001, Monday // 00:00
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U.S. General Electric is interested in Bulgarian State Railways Company’s plan to become the country’s third GSM operator. The debt-ridden Railways Company may apply for a GSM license if it succeeds to find an investor to modernize its existing communications network. The 4,500 kilometres network operated by the Railways Company has just one 50-kilometer long stretch equipped with an optic cable. The network's biggest advantage is that it runs through the central parts of big Bulgarian cities and its upgrade will reportedly cost an estimated USD 100 M. The 2001 losses of the company are set at BGN 120 M.
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