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.
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..
Partly Cloudy
Mostly Cloudy