Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

BDZ Cargo currently owns about 4,500 wagons, while only 2,000 are needed

Transport Minister announces major shake-up of Bulgarian Railways

Optimisation includes reducing costs and reviewing all freight rates

Photo: mtc.government.bg

A major restructuring of Bulgarian State Railways - Cargo (BDZ Cargo) is underway, including cost-cutting and a review of all freight tariffs, Transport and Communications Minister Grozdan Karadjov said on Monday at a meeting with trade unions in the industry.


"Nearly half of all freight transported by rail in Bulgaria is handled by BDZ Cargo, with the remainder managed by private carriers. However, last year's figures show that the company had a turnover of 71.58 million euro, while overdue liabilities reached 16.87 million euro," Karadjov said. According to him, any private company with such financial indicators would have declared bankruptcy.


BDZ's management reported that BDZ Cargo currently owns about 4,500 wagons, while only 2,000 are needed - even with increased freight volumes. In addition to surplus rolling stock, other redundant assets include buildings, facilities and land that are no longer in use but continue to generate financial losses for the state-owned company. As an example, the company cited 230 apartments owned by BDZ Cargo across the country


The unions stressed the need to draw up a recovery programme for BDZ.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Galin Tomov crafts a woven portrait of President Donald Trump

Galin Tomov created an impressive portrait of President Donald Trump especially for his birthday (June 14) on a carpet, using a traditional Bulgarian loom and technique.  ''Tremendous thanks to master craftsman Galin Tomov for helping us mark..

published on 6/14/25 10:10 AM

A coordination center at the Ministry of Foreign Affairs will monitor the situation in the Middle East

Bulgaria’s Ministry of Foreign Affairs established a Coordination Centre in connection with the worsening situation in the Middle East. It was formed by order of Premier Rosen Zhelyazkov and under the personal leadership of Minister of Foreign..

published on 6/14/25 9:53 AM

Sofia Pride 2025 with procession and concert

The 18 th edition of Sofia Pride is taking place in Sofia today under the motto: We are people, not propaganda, a reminder that behind every story, identity and cause there are real people – with their feelings, their families, friends, pursuit of..

published on 6/14/25 8:00 AM