In order to achieve modernization and make the railways profitable, BDZ Holding and its state companies for passenger and freight transport will merge, Minister of Transport Nikolay Sabev has announced.
"They will merge into one; we remove those structures that can't work and function and we start managing costs and raising productivity. The road map will be ready by February 18," Sabev said.
The Minister promised that BDZ would be rehabilitated by 2023. No rapid increase in travel speed is planned. Work will be done for meeting the schedules and improving the services in order to gain a larger market share and make the railways more attractive to citizens and businesses. It is planned that BDZ would enter the capital market in 2024, the minister added.
There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...
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