Danail Papazov

Intellinews 

By Denitsa Koseva in Sofia September 13, 2018

Ahmed Dogan, the controversial chairman of honour of Bulgaria's ethnic-Turk Movement for Rights and Freedoms (DPS), has acquired 70% stake in local company SIGDA, which is the owner of the Varna thermal power plant, for an undisclosed sum, according to information from the company register.

Former Prime Minister Plamen Oresharski has filed documents with the Central Election Commission as a presidential candidate for the elections on November 6.

Oresharski has been nominated by an initiative committee. Danail Papazov, former Transport Minister in the Oresharski Cabinet, has been nominated for Vice President.

Ahead of local elections Bulgaria is to hold on Sunday, Novinite is offering short summaries about key candidates in the country's five biggest cities. These are Sofia, Plovdiv, Varna, Burgas, and Veliko Tarnovo.

Transport Minister Ivaylo Moskovski has submitted a proposal for the privatization of the freight unit of the Bulgarian State Railways (BDZ) company to the Privatization and Post-Privatization Control Agency.

The procedure was stopped by the socialist-led government of Plamen Oresharski.

Transport Minister Danail Papazov announced German railway company Deutsche Bahn could step in the management of troubled Bulgarian State Railways (BDZ).

Damages after Saturday's incident when a passenger train went of the tracks in Eastern Bulgaria could exceed BGN 2 M, Transport Minister Danail Papazov announced.

Papazov told public broadcaster BNR that the entire rolling stock of the train was damaged in the incident.

The train from Sofia to Varna which went off the tracks on Saturday at the Kaloyanovets station was moving at a speed of 100 km/h at the time of the incident, authorities say.

The speed limit in the section of the railroad it was crossing was 40 km/h.

Transport Minister Danail Papazov has said it will take five to seven years to raise the Bulgarian State Railways (BDZ) "back on their feet".

He added the state was waiting for approval from Brussels to grant some BGN 170 M (EUR 85 M) to the cash-stripped railway company, which is still struggling to deliver on its debts accumulated prior to Bulgaria's accession into the EU.

Bulgaria's State Railways company (BDZ) has recorded losses of BGN 21,279,000 for the first half of 2014 only.

In 2013, the holding saw losses of nearly BGN 9M, and in 2012 – some BGN 29,576,000, the Minister of Transport Danail Papazov announced at a press conference on Thursday, BGNES informs.

Transport Minister Danail Papazov has suggested that the illegal construction in the gully near Varna's Asparuhovo district is to blame for the tragic consequences of the flood.

The Asparuhovo residential district of Bulgaria’s Black Sea city of Varna reported a death toll of 11 after heavy rain and severe flooding on Thursday.