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.
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The total average income per household member in the first quarter of 2024 is BGN 2,840 (EUR 1,452.07), which was an increase of 18.6%, year-on-year, the National Statistical Institute said. Wage income increased from BGN 1,284 (EUR 656.5) to BGN 1,597..
Andrey Gyurov will cease to perform his duties as Deputy Governor in charge of the Issue Department and Member of the Governing Council of the Bulgarian..
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