BDZ Freight Services owes BGN 115 mln

BDZ Freight Services, the privatisation of which was started again a week ago, owes BGN 115 mln, Chairman of the Board of the holding Vladimir Vladimirov admitted for BNR. Of these liabilities, BGN 78 mln are the company's direct obligations to contracting parties. BDZ's financial status is improving. Company's loses for the first ten months of the year amount to BGN 14.5 mln. This is a BGN 16 mln drop, compared to the same period last year.

According to Vladimirov, the privatisation procedure prevents radical reforms at BDZ Freight Services, including cuts in both non-operating assets and staff.

At the same time, it became clear that the Civil Initiative for Public and Rail Transport is organising another protest against the privatisation of BDZ Freight Services on Thursday. It will be held in front of the Privatisation Agency's building at 6 pm.

So far, the organised Facebook group has held two successful flash mobs against the first procedure for selling the company.

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