Bulgaria's BDZ Passengers to lease locomotive from Deutsche Bahn's local unit

DB Cargo Bulgaria was awarded the contract on July 24, without a public procurement procedure, BDZ Passengers, part of state-owned railway group BDZ Holding, said in a notice.

Karlovo-based DB Cargo Bulgaria employs around 260 people. The company says its fleet for freight traction activities comprises 13 electrical and 5 diesel locomotives.

BDZ Holding said earlier this month that BDZ Passengers has decided to lease five Siemens Vectron electric locomotives from UBEX Bulgaria for 8.5 million levs following a tender for the contract. UBEX Bulgaria, an original equipment manufacturer industrial supplier, is fully owned by private investor Stefan Stefanov, according to commercial register data.

(1 euro = 1.95583 levs)