Bulgarian Railway Company Plans to Invest 71 Million Levs to Improve Service
Thursday, 07 March 2019
The 2019 business plan of Bulgaria’s State Railway company (BDZ) sets the capital investment for improvement of the passenger service to reach the amount of more than 71 million levs. 65 million levs of the amount are planned to improve the condition of rolling stock.
Data shows that the company will for the first time in 6 years make a net profit of nearly 1 million levs.
The number of passengers transported remained for a third consecutive year at the level of about 21 million (the lowest for the past 10 years), with a slight increase of 184,000 passengers.
For 2019, capital investments amounted to more than 71 million levs, of which 65 million levs was only for the improvement of the state of rolling stock. This includes public procurement for the repair of 20 locomotives and capital repairs of another 30 locomotives, as well as the start of the repair of the diesel and electric trains "Siemens".