Company Structure
Since the last reforms in 2007, a new organizational structure has been approved.
BDŽ Inc. (a holding company with one shareholder, the Republic of Bulgaria)
- BDŽ Putnicheski Prevozi Ltd. - responsible for the passenger services. The company carried 31.36 million passengers in 2009.
- BDŽ Tovarni Prevozi Ltd. - Freight operations and expedition with subsidiary BDZ SPED Ltd. The company carried 13.3 million tonnes of freight in 2009 in 3.1 million tonne-kilometers.
- BDŽ Traktzionen Podvizhen Sustav Ltd. - locomotive management and servicing.
- BDŽ-Koncar Inc. - joint venture between BDŽ EAD and KONČAR Group from Croatia with main scope of work locomotive repairs and modernization.
Still there are many problems with the organizational structure of the holding. In order to optimize the running costs many of the employees from the administration should be laid off. There is an evident lack of effectiveness in the administration and the main goal of the Ministry of Transport, Information Technologies and Telecommunication is to make the company profitable.
Read more about this topic: Bulgarian State Railways
Famous quotes containing the words company and/or structure:
“Life is very narrow. Bring any club or company of intelligent men together again after ten years, and if the presence of some penetrating and calming genius could dispose them to frankness, what a confession of insanities would come up!”
—Ralph Waldo Emerson (1803–1882)
“A committee is organic rather than mechanical in its nature: it is not a structure but a plant. It takes root and grows, it flowers, wilts, and dies, scattering the seed from which other committees will bloom in their turn.”
—C. Northcote Parkinson (1909–1993)