Bulgarian state railways plans purchase of high-speed trains for 210 million leva

Bulgarian state railways BDZ plans to launch a tender for a contract to buy new trains capable of reaching speeds up to 160 km/h, mainly to be used on the route connecting capital city Sofia and the Black Sea city of Bourgas.

It is estimated that the cost will be 210 million leva (about 107 million euro), paid over seven years, BDZ chief executive Vladimir Vladimirov was quoted as telling local media.

The Sofia-Bourgas line is being upgraded to handle high-speed trains.

The money is provided for in the upcoming long-term programme for the financial rehabilitation of the state railways, due out in mid-February and to be put to the cabinet and Parliament for approval. The funding will come from the budget as a capital transfer.

For the full story, please click here.

(Photo: Eiji Miura)