Sell-off Agency Extends Again Deadline in Tender for Freight Railway Co

Sell-off Agency Extends Again Deadline in Tender for Freight Railway Co

The privatisation agency extended until April 29 the deadline for submitting binding offers for the freight unit of the country's railway holding company BDZ at the request of the participants in the tender.

The agency's decision comes amid mounting public pressure to put on hold the deal until after the snap elections in May.

Earlier this month the deadline, which originally expired on March 12, was pushed forth to March 28.

The deadline for submitting deposits for participation in the tender too was extended - until April 26, the agency said.

Last month the privatisation agency admitted four candidates - Romania's Grup Feroviar Roman, Sofia-based Bulgarian Cargo Express and Balkan Financial Services, and Austria's Donau-Finanz Transport und Beteiligung - to the next stage in the tender for 100% of BDZ's freight unit.

The government aims to get at least 200 million levs ($133.66 million/102.3 million euro) from the sale of the freight unit of BDZ, former transport minister Ivailo Moskovski said in January.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.