Four Cos Make It to Next Stage of Tender for State Railways Freight Unit
Thursday, 01 January 1970
Four companies have been admitted to the next stage of a tender for the privatisation of the freight transport unit of Bulgaria's state-owned railway holding company BDZ, the country's privatisation agency said.
The four companies are Romania's Grup Feroviar Roman, local companies Bulgarian Cargo Express and Balkan Financial Services and Austria's Donau-Finanz Transport und Beteiligung, the agency said in a statement.
The agency has issued the relevant compliance certificates to the four companies, which will have to file their binding bids and submit deposit guarantees by March 12.
A total of 2,325,087 shares of the company, equivalent to 100% of its capital, have been put up for sale.