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Bulgarian Railways needs EUR 435m to pay off debts and carry out investments

Bulgarian Railways needs EUR 435m to cover debts and carry out investments

Bulgarian Railways needs BGN 849 million (EUR 435 million) to pay off its debts and to carry out the reforms included the 2015-2022 development plan. BDZ Holding is urging the concession of Sofia Airport in order to continue implementing the railway reform, BDZ CEO Vladimir Vladimirov said on Friday, during a news conference on the the …

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BDZ-Passenger Services certifies its on-line ticketing and booking system

BDZ-Passenger Services certifies its on-line ticketing and booking system

The Bulgarian Institute for Metrology has certified the centralized system for on-line ticketing and booking service used by Bulgaria’s national rail passenger operator BDZ-Passenger Services. All the railway stations and bureaus in the country use the system developed and implemented by Information Services JSC . The system allows also buying tickets from …

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EIB to provide consultancy services to Bulgarian rail infrastructure manager

Over EUR 1.6 bn in EU funding for Bulgaria's railway infrastructure during 2014-2020 programming period

The Bulgarian Council of Ministers has approved a cooperation agreement on consultancy services between the European Investment Bank (EIB) and the National Railway Infrastructure Company (NRIC). EIB will provide technical assistance services to NRIC in the implementation of railway projects financed under EU’s Operational Programme Transport and Transport Infrastructure 2014-2020. The rail …

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Key CEF grant agreements for Bulgarian and Romanian rail projects signed

cfr-inea-cata-apata

Romania and Bulgaria have signed with INEA -Innovation and Networks Executive Agency two key CEF grant agreements for key rail infrastructure projects. Bulgarian National railway infrastructure company (NRIC) has received over EUR 151 million of funding for important upgrades to a 24.4 km rail section between Kostenets and Septemvri on the Orient-East …

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ABB improves power quality across Bulgaria’s rail network

ABB improves power quality across Bulgaria's rail network

Bulgarian National railway infrastructure company (NRIC) uses ABB solutions in order to address power quality challenges across the network.  Large varying non-linear loads are an inherent feature of electrical railway traction systems. Since the load changes dynamically and constantly, the traction power supply system draws a high amount of reactive power resulting in low …

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Bulgaria to announce EUR 1bn tenders for rail infrastructure projects by end of 2016

Over EUR 1.6 bn in EU funding for Bulgaria's railway infrastructure during 2014-2020 programming period

Bulgaria plans to announce by the end of 2016 tenders worth over BGN 2 billion (EUR 1 bn) for railway infrastructure construction, engineering and design projects, stated Maria Chakarova, director of Strategic Development and Investment Projects in the National Railway Infrastructure Company (NRIC), at a local conference. Funding will be provider under …

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Bulgaria’s only locomotive manufacturer invests over EUR 6m in capacity expansion

Bulgaria's only locomotive manufacturer invests over EUR 6m in capacity expansion

Bulgarian locomotive manufacturer Express Service has opened in Ruse a new workshop for the maintenance, repair and modernization of locomotives. The first phase of capacity expansion project has been completed and its value has been estimated at EUR 2.8 million. At the new facility, works for the repair of eight locomotives could be carried out simultaneously.  Express Service will also …

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Railway connection between Bulgaria and FYR Macedonia ready by 2020

Macedonian Railways Infrastructure

The national railways of Bulgaria and FYR Macedonia plan to intensify collaboration on the development of rail connections between the two countries. Macedonian Railway Infrastructure director Irfan Asani and Bulgarian National railway infrastructure company (NRIC) CEO Milcho Lambrevmet met last week in Skopje to discuss further collaborations and share on experience and expertise. “If everything goes according to schedule, construction works on the …

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Bulgarian road transport leader establishes rail freight operator

Bulgarian-road-transport-leader-establishes-rail-freight-operator-pimk-rail

The Bulgarian road transport market leader PIMK Holding Group has entered the rail freight business by establishing PIMK Rail, Bulgaria’s newest rail freight operator. With a planned EUR 9 million for capital investments, PIMK Rail will start operations this autumn. The rail freight operator will run company trains, aiming to take part of its containerised cargo off the road and shift it to rail, informs Capital.  …

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Bulgaria completes modernisation of railway sections to the border with Greece and Turkey 

Map.Bulgaria_en

Modernisation works of the railway lines connecting Plovdiv to the Greek and Turkish borders have been completed. The opening ceremony of Dimitrovgrad-Simeonovgrad and Lubimets and the Greek border railway sections was attended by the Minister of Transport, Information Technology and Communications Ivaylo Moskovsk, Prime Minister Boyko Borissov, General Director of NRIC Bulgarian Railway Infrastructure Manager Milcho Lambrev central and …

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