Sat, Nov 21 2009

RAILROAD INFRASTRUCTURE IN BULGARIA TO SEE MAJOR REFORMS IN 2007

Wed, Jan 24 2007 13:40 CET 383 Views

In 2007 Bulgaria's railroad infrastructure will undergo major reforms, Transport Minister Petar Moutafchiev told a press conference on January 24.

Moutafchiev presented some of the priorities in Bulgaria's transport sector for the year, Focus news agency reported.

Most effort will be put into improving railroad services, said he. Bulgaria had to cover all EU-related requirements in the transport sector and to become competitive it needed to liberalise railroad transportation, Moutafchiev said.

Railroad reforms had been postponed over the past 15 years but needed to be implemented, he said.

In 2006 the Transport Ministry did its best to guarantee smooth reforms. As part of the reforms the ministry already set up passenger information and reservation systems, said Moutafchiev. Bulgaria also purchased 25 Siemens train cars, Moutafchiev said.

Some other changes that needed to be implemented included increasing wages of railroad sector employees and improving the company's financial status.

Write comment

Name:Comment:

Generate new code
Send your comment
High speed trains in southeastern Europe

The agreement was signed in 2006 in Athens by the transport ministers of all nations involved in the international project - Albania, Macedonia, Greece, Croatia, Turkey, Moldova, Romania, Bosnia and Herzegovina, Montenegro and Serbia, with Bulgaria eventually confirming the treaty in April 2009.

New terminal interchange in south central Bulgaria

Project is to start in midsummer 2009 and must be completed within 14 months.

More in this category

Bulgarian MPs resurrect proposal to raise spirits excise

Strong public opposition to price hikes prompted Prime Minister Boiko Borissov to axe the Finance Ministry proposal to increase the excise duty on spirits, but MPs have put it back on the agenda.

Back to the future

Bulgaria’s Cabinet seeks to reverse recent changes in the telecommunications sector

At a crossroads, again

Kremikovtzi’s prospects for a recovery plan appear increasingly distant

Cash or card?

Bulgarians are getting the hang of debit and credit cards, MasterCard says

Bulgarian telecom Spectrum Net acquires local peer Orbitel

The two telecoms, both set up to challenge former fixed-line state monopoly BTC, will merge operations and expect to report 20 million euro in revenue and a gross profit of five million euro in 2010.