Scientific paper ID 2557 : 2024/3

The principal of the Holding company ”Bulgarian State Railways” (HBSR) is the Secretary of Transport, Information Technologies and Communications, with main activities providing passenger and freight services in the national and international railway network carried out through the subsidiaries ”Bulgarian State Railways - Passenger Transport” Ltd., and ”Bulgarian State Railways - Freight Transport” Ltd. In fulfillment of its announced mission, HBSR strives for competent and professional management of its subsidiaries, with a view to ensuring the sustainability of the performed safe and secure transport services for the transport of passengers and cargo, while balancing the interests of the business and social partners and taking into account the environmental ments. In order to fulfill the mission, the two carriers should maintain and increase their competitiveness, in view of the possible increase in their market share. In addition, there are a number of challenges in terms of geopolitics the realization of the national and pan-European policies in railway transport. The management of HBSR is based on the available (and eventually attracted) resources providing the background for the realization of strategic and operational goals, taking into account the interests and ments of the interested parties and the society as a whole.