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

High-speed internet will be available throughout Bulgaria from summer of 2026

Over 200 settlements in 140 municipalities will have high-speed internet, announced Deputy Prime Minister and Minister of Transport and Communications Grozdan Karadjov. He signed 6 contracts for the construction of digital networks in the country in..

published on 6/10/25 10:50 AM

Increased demand for euros among Bulgarian consumers is reported

The interest in exchanging levs for euros has increased by more than 50% after the positive convergence reports of the European Commission and the European Central Bank. This was reported by financier Max Baklayan for Radio Varna. He explained that..

published on 6/10/25 10:44 AM
MP Kiril Dobrev

Corridor No. 8 will exist when North Macedonia becomes part of the EU, MP Kiril Dobrev said

The future Rila highway from the Gueshevo border crossing between Bulgaria and North Macedonia to Bulgaria's town of Dupnitsa will cost about 1.5 billion euros . This was said at a working meeting of the governor of the Kyustendil region with experts,..

published on 6/10/25 10:21 AM