01/31/12 17:44
(http://www.klassa.bg/)

BDZ to sell a warehouse in Russe

“The Bulgarian State Railways (BDZ) will put up for sale its warehouse in the town of Russe, representing a large industrial property of dozens of decares,” Yordan Nedev, Head of BDZ holding company, said for investor.bg today. “In 2012, we must complete the main stages of the reform, including the new structures of the holding's two subsidiaries - BDZ - Passenger Services JSC and BDZ - Freight Services JSC. We should finalise the first wave of lay-offs,” he added. According to him, BDZ - Freight Services JSC counts on an increase of its cargoes by some 5%-10%. Contracts with new shippers, who were previously clients of the holding company’s rivals, have already been signed. “We have recently attracted new clients who have never transported cargoes from and to Bulgaria. The new services and products we have been offering in the recent months already have a positive impact on our business and the revenues from freight services,” commented Nedev.

“The revenues from transportation of passengers will also increase after improving this service. Some 30 sleeping cars ordered earlier are expected to be delivered in 2012. There is much talk about the interest in BDZ - Freight Services JSC, but the investors have not clearly stated their positions yet, said Nedev.

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