Belgium Stands Alone as Other Nations Stay Silent on Russia’s Frozen Assets
The question of where Russia’s immobilised sovereign assets are located has resurfaced amid heated discussions about using them to finance Ukraine’s reconstruction
Bulgaria Abandons Privatization of Cargo Railway Unit
Business | June 20, 2013, Thursday // 15:35
- Tweet
Send to Kindle
File photo by BGNES
The Bulgarian Agency for Privatization and Post-Privatization Control has decided to cancel the procedure for the privatization of the freight unit of the Bulgarian State Railways Company.
The Agency has noted that the decision was coordinated with the Ministry of Transport.
The Socialist-led government of PM Plamen Oresharski hinted that it would stop the privatization of the freight unit soon after it took over at the end of May.
In mid-November 2012, Bulgaria's Privatization Agency launched a second privatization procedure for BDZ's Freight Services, after the first one fell through.
The second attempt to sell the cargo unit of BDZ only included strategic and financial investors.
The planned privatization of BDZ's profit making unit, Freight Services, aimed to secure money to cover huge debts of the company and help revive its other unit, Passenger Services.
Related Articles:
Man Killed by Varna-Sofia High-Speed Train
A tragic incident occurred this morning involving the Varna-Sofia high-speed train shortly after it left Varna
EU Pressures Reluctant States: Frozen Russian Assets or Eurobonds, Take Your Pick
The European Union is intensifying pressure on member states reluctant to approve funding for Ukraine, urging them to use frozen Russian assets or face the alternative of footing the bill themselves
On Friday, Bulgarian State Railways Begins Displaying Ticket Prices in Both Leva and Euro
Starting August 8, the Bulgarian State Railways (BDZ) will begin displaying ticket prices in both leva and euro
Society | August 7, 2025, Thursday // 16:03
Cable Theft Disrupts Train Traffic on Sofia-Burgas Line, Causes Fire Near Tracks
Traffic on the Sofia-Burgas railway line has come to a halt due to cable theft
Crime | August 4, 2025, Monday // 12:21
Transport Minister Declares Crisis Over Broken ACs in Bulgarian Trains
A crisis headquarters has been formed by order of Deputy Prime Minister and Transport Minister Grozdan Karadjov to investigate the persistent failures of air conditioning systems in Bulgarian State Railways (BDZ) passenger carriages
Politics | July 5, 2025, Saturday // 09:48
Bulgaria Can Extend Lukoil Sanctions Relief, Energy Minister Says
Bulgaria’s Energy Minister Zhecho Stankov has confirmed that the United States has not imposed any additional conditions for the temporary exemption from sanctions targeting Lukoil
Bulgaria’s Economy Faces Slowdown and Rising Debt: EU Forecast Signals Trouble Ahead
The European Commission has revised its outlook for the Bulgarian economy, projecting a slowdown in growth over the next few years
Major European Airline Launches Direct Flights Connecting Plovdiv and Varna with Bratislava
Wizz Air has inaugurated direct flights from Plovdiv and Varna to Bratislava, expanding its Bulgarian network and enhancing connectivity with Central Europe
New Security Rules Push Major App Stores to Tighten Verification Checks
Major app distributors are revising their verification frameworks after new global security standards came into effect this quarter.
BNB Announces 2026 Coin Program Highlighting Bulgarian Culture and History
The Bulgarian National Bank plans to release a 2-euro commemorative coin titled “Bulgarian Alphabet” in the second half of 2026, highlighting one of the nation’s most significant cultural and spiritual symbols
Bulgaria Rises to Fifth Place in CEE for Number of Large Companies
Bulgaria has advanced to fifth place in Central and Eastern Europe in terms of the number of large companies
Business | November 17, 2025, Monday // 08:26
