Bulgaria: Two Infrastructure Upgrade Projects in Sofia

20.06.2008 (14:38)

Bulgarian authorities are currently developing two projects for the rehabilitation of the railway infrastructure in Sofia.

The first project that was initiated by the Ministry for Regional Development and Public Works includes the sale of 6 acres of land that used to belong to the former Pioneer railway station, Railway Market-CEE Review reports.

15 companies showed interest in the land located in the Baia Diana quarter of the Bulgarian capital, which is part of the assets of the national operator, BDZ. The starting price was set at 115.3 Leva (EUR 59 Million). The sale income will also go to the modernisation of the railway infrastructure.

The Bulgarian infrastructure manager is also involved in a project designed to modernise the Central Station in Sofia.

This project also includes the construction of a multi-functional complex on 1.4 acres, said Hristo Alexiev, Deputy Director of BDZ for the economic publication Sofia Echo. The project is part of an extended strategy that focuses on selling company properties. The strategy was made in collaboration with the Dutch government and the Dutch consultancy company AVD. The Bulgarian operator plans to extend the programme for other railway stations in the neighbouring country.

Print version

Publications on the theme

Energy Projects Involving Bulgaria, Russia Will Be Implemented on Time

19.12.2008 (14:48)

All energy projects involving Bulgaria and Russia will be carried out on time, there are no reasons for their suspension, Russian Foreign Minister Sergei Lavrov has said.

Bulgaria: Workers to Be Dismissed due to financial crisis

02.12.2008 (14:57)

Hundreds of workers are going to be dismissed from BDZ and National Railway Infrastructure because of the reduced freight revenue, which results from the financial crisis and the troubles of the steel mill Kremikovtzi.

Rail Traffic between Bulgaria and Greece to Be Improved

24.11.2008 (11:58)

The Bulgarian and Greek governments agreed on a project about the transborder rail traffic.

Latest publications

Dear Readers!

30.12.2008 (14:31)

RZD-Partner Editorship wishes you Happy New Year!

Tractor Plants Listed on Frankfurt Bourse

30.12.2008 (12:39)

A holding company for Russia's top heavy machinery manufacturer Concern Tractor Plants group of companies has successfully completed a listing procedure on the Frankfurt stock exchange.

Gazprom's IFRS Half-yearly Net Profit up 80% to $19.6 Bln

30.12.2008 (12:09)

Russian energy giant Gazprom said on Tuesday its first-half yearly consolidated profit under International Financial Reporting Standards (IFRS) attributable to equity holders rose 80%, year-on-year, to 573.76 bln rubles ($19.6 bln).