REI IN TALKS FOR TRAIN DELIVERY

Business | May 15, 2002, Wednesday // 00:00

REI Holding, which already controls 60 percent of Bulgaria’s domestic railway industry is in talks with the French company Alstom and the Montreal-based Bombardier Inc to contract the companies for delivery of trains or set up a joint venture with them. REI has applied for a governmental licence to operate as Bulgaria’s first private railways carrier. REI announced that it was going to launch in early summer its passenger railway service to the Varna and Burgas coast cities.
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