Fri, Feb 10 2012
Once the overhaul and reconstruction of the Sofia–Vidin line is complete, it will cut travel time to three hours, as the train will be able to reach speeds of up to 160 km/h, shortening the journey to three hours.
Bulgaria's state-owned railways look to upgrade train stations around the country and lure customers from competitors in a strategy to make railways Bulgaria's preferred form of transportation.
Initial plans announced by the Transport Ministry to sell railway stations Pioner and Serdika are yet again to fall through, Dnevnik daily reported. The paper quoted Minister Petar Moutafchiev as saying that a possible obstruction to the sale was problem with the city's land register. It would take up to a month for the regional administration to prepare a new ground plan for the Pioner station. Last year,
State-owned operator Bulgarian State Railways (BDZR) will halt hauling raw materials and production to and from the Kremikovtzi steel mill if it does not pay all debts by February 25, Bulgarian Deputy Transport Minister Georgi Petarneichev said, as quoted by zagrada.bg. BDZ halted cargo haulage two weeks earlier for the same reasons. Then Kremikovtzi covered 60 per cent of its liabilities toward the railway operator. Now BDZ demands the payout of the remaining 40 per cent.
In the fourth quarter of 2011, the average monthly salary increased to 727 leva, 4.9 per cent higher than in Q3, the National Statistics Institute says.
For the first time in six months, global food prices rose overall in January 2012, the UN Food and Agricultural Organisation said.
The package will be discussed with the Association of Bulgarian Banks before the amendments are submitted to Parliament.
Debate at the half-day event will cover what has been achieved so far and what further can be done by the Bulgarian Government to support development of the market.
Selectivity, not popularity, is the driving force behind Sofia's most exclusive members' only club.

Lyubov Kostova was appointed country manager of British Council Bulgaria effective January 1, replacing Tony Buckby, who left in October 2011 to take a similar position at British Council Greece. Kostova has been with British Council Bulgaria for 11 years, as public communications manager and, since 2008, as the head of project and partnerships department. Prior to joining the British Council, Kostova was head of international activities at the National Academy for Theatre and Cinema Arts (NATFIZ). She has a degree in Indian studies from Kliment Ohridski Sofia University.

Stefan Apostolov is the new chief executive of CEZ Razpredelenie Bulgaria, the power transmission subsidiary of Czech energy company CEZ in the country. He replaces interim chief executive Ales Damm, who remains the chairperson of the CEZ Razpredelenie management board. Apostolov has 30 years of experience in the energy sector, joining CEZ in 2007 as director of customer service and was later appointed as head of business development. Apostolov has a master's degree in electric systems from the Belorussian National Technical University in Minsc, management diplomas from Open University London and New Bulgarian University, as well as a master's degree in business administration from Plovdiv University.

Valentina Dikanska is the new general manager of chemical industry giant BASF subsidiary in Bulgaria, taking over from Herbert Fisch, BASF vice president for Southeastern Europe. Dikanska, who started her career as an expert in the Finance Ministry, joined BASF Bulgaria as director of finance and administration in 2002. She becomes the first Bulgarian to hold the top management position in the company in its 40-year history on the Bulgarian market. Dikanska holds a master's degree in economics from the University for National and World Economy in Sofia.

Alexander Albin has been appointed chief executive of fuel distributor Rompetrol Bulgaria, replacing Nichita Sorin, who left to become chief executive of Rompetrol Gaz in Romania. Albin was previously chief executive of Rompetrol Georgia. He has more than 15 years of experience in the oil and gas industry; prior to joining Romania's oil group Rompetrol in 2008 as an adviser, he oversaw operations at Atyrau refinery in Kazakhstan, owned by Rompetrol's parent company KazMunaiGaz. He previously held top management positions at two other leading Kazakh oil and gas companies.
You got me for a second with that photo: I wondered for a second if Bulgarian trains had somehow become clean and orderly all of a sudden. Then I noticed the ICE trainset and the Deutsche Bahn livery...