Sell-off Agency Extends Deadline for Filing Binding Bids for Freight Railway Co

Sell-off Agency Extends Deadline for Filing Binding Bids for Freight Railway Co

The privatisation agency extended until March 28 the deadline for submitting binding offers for the freight unit of the country's railways holding company BDZ, the agency said.

The deadline is extended in response to candidate buyers' request for extra time to perform due diligence studies at the company, the agency said in a statement.

The deadline for inspection of the company's assets and meetings with the management is also extended, until March 22.

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 ($133.9 million/102.3 million euro) from the sale of the freight unit of BDZ, transport minister Ivailo Moskovski said in January.

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.