Bulgarian railway operator BDZ intends to repay fully its debt to the Switzerland-based European Company for the Financing of Railroad Rolling Stock (Eurofima) by the end of July. BDZ Holding has already repaid BGN 5.5 million (EUR 2.8 million) of its debt to Eurofima on 4 July. The remaining BGN 13.65 million (EUR 6.9 million) will be repaid by the end of the month.
BDZ’s outstanding debt totalled BGN 350 million (EUR 179 million) in June. After the company repays part of its debt, a procedure for acquiring new rolling stock will be launched, Transport Minister Ivaylo Moskovski said.
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