PESA's
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Port-franc et Entrepôts de Lausanne-Chavornay S.A. (PESA)
Bulgaria's Rail Modernization Faces Setback as Major Company Cancels 1 Billion Leva Deals
Bulgaria is on the brink of losing nearly all the funds allocated under the Recovery and Sustainability Plan (RSP) for railway modernization, as Bulgaria State Railways (BDZ) continues to operate with outdated locomotives and passenger cars, reports OFFNews. Two significant contracts for new trains, for which a contractor had already been selected, are now facing failure.