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Rail Transport in Bulgaria – Upcoming Challenges

Author

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  • Borislav Arnaudov

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

EU enlargement creates new challenges and opportunities that affect the market for rail transport services. While new business opportunities are developed with the growth of international trade, they would have to oppose the policy of deregulation, which will impact both on current concepts of secure and protected national markets and the accelerated development of infrastructure of transport competitive modes, in particular rail passenger transport. To compete in this new global business environment the railway companies in Bulgaria have no other alternative but to expand their business beyond national transport market in rail services, including in the new pan-European perspectives. This will allow them to focus on large amounts of new market segments. To be successful this new business needed rail transport to reach the best economic performance and productivity of work. Achieving this goal requires an adequate and efficient railway infrastructure which will be able to meet the ever- increasing demands on the transport service by users - transport time, reliability and quality of transport services that meet the specific needs of customers.

Suggested Citation

  • Borislav Arnaudov, 2014. "Rail Transport in Bulgaria – Upcoming Challenges," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 72-81, July.
    • Handle: RePEc:nwe:iisabg:y:2014:i:3:p:72-81
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    More about this item

    Keywords

    rail transport; transport services;

    JEL classification:

    • N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative

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