Transportation Industry
Bulgarian State Railways - BZD - $44 million loan awarded to BZD to help rebuild Bulgaria's decrepid railway system - Brief Article
Railway Age, Feb, 1996
BULGARIAN STATE RAILWAYS (BZD) has won a $44 million loan from the European Bank for Reconstruction to help launch a $312 million rehabilitation program that will include urgent track repairs, new rolling stock, and new signaling. BZD's straitened circumstances were underscored recently late in 1995 when it suspended 70 passenger services because it could not afford to buy the necessary fuel.
COPYRIGHT 1996 Simmons-Boardman Publishing Corporation
COPYRIGHT 2004 Gale Group
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