Lyubomir Iliev
Bulgarian State Railways Struggling To Stay Afloat
Bulgarian railways company BDZ posted a loss of BGN 51 M (EUR 25.5M) last year, Executive Director Vladimir Vladimirov said on Wednesday, highlighting an urgent need to overhaul the state-owned firm.
There will be no chance for improvement if reforms are not implemented, Vladimirov told Nova TV.
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