Region
Eastern Europe & Central Asia
Income group
Upper middle income
Most populous city
Sofia

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Disclaimer: Note that the following information is not part of the score that the country receives on the Investing Across Sectors indicators. This information is provided as complementary to the data on the foreign ownership restrictions, and is based on the survey respondents’ comments and assessments. The World Bank Group does not guarantee accuracy of this information.

Sector group:
Transport
Sector:
Railway freight: A foreign company seeking to provide railway freight transport using their own rolling stock (i.e., wagons and locomotives). Excluded from the definition are (1) passenger transport, (2) ownership and/or operation of railroad infrastructure, and (3) ownership and/or operation of terminals.
Market structure:
 
Survey respondents' answer to the following question, "Define the market structure in your economy for this sector."
Oligopoly, i.e. a few large firms
Regulatory license:
 
Survey respondents' answer to the following question, "If a foreign company wanted to obtain a sector-specific regulatory license (or a concession contract) to open and operate a new business in that sector, how likely would the government be to issue such a license, provided that the foreign company meets all legal and regulatory requirements?"
Likely
Name of regulatory authority
Minister of Transport
Additional comments:
Legislation: (1) The Railway Transport Act (promulgated in State Gazette no. 97 from 28.11.2000) www.iaja.Government.bg/IAJI/engwwwFWRAEA.nsf/f8c6e36331ccea9d0025728b005cd1fd/4cb04a03586656e1c225742d0040819d/$FILE/LawFortheRailwayTransport.doc


There are foreign firms currently operating in this sector
The dominant player on the market is the State-owned Bulgarian State Railways. The 'yes' ticked box on the right means that there are foreign companies owning shares in Bulgarian registered companies operating on the market. Carriers licensed in an EU
Min: 12 weeks
Max: 20 weeks

The carrier must obtain a safety certificate and enter into a contract with the national company "Railway Infrastructure" that should grant access to the railway network, which is subject to the availability of