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Bulgaria railways expect BGN 10 M profit

Date: 31.12.2007

Bulgaria's state-owned railways BDZ announced Thursday that a profit of up to BGN 10 M is expected for 2007.

The executive manager of the company Oleg Petkov said that the good financial results are due mainly to sold real estates owned by BDZ and the state's financial support.

The incomes of the railways for 2007 increased by BGN 40 M, while outcomes went up by BGN 9 M, Petkov added.

The company expects that the number of the passengers transported is to reach 32 million by the end of the year, while transported cargo will be about 20 million tons.

At the beginning of December BDZ increased ticket prices for fast and express trains by an average of 10%.

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