In those years ZhSK (Ruse) recorded their participation at the highest level of Bulgarian football - State Championship.
In 1945 the name was changed from ZhSK to Lokomotiv after the reorganization of the Bulgarian sport movement at the beginning of the Communist era.
When at the end of the 1950s the new reorganization of Bulgarian sport was made, in Ruse there were only two football teams - Dunav and Lokomotiv.
Political changes in Bulgaria after 1989 happened when Lokomotiv (Ruse) played in Northeast "V" group (third tier).
The financial crisis and the withdrawal of local management of Bulgarian Railway Company away from the club brought to the Locomotive Stadium new people in charge.
Just several hours before the start of the season the club was renamed as "Korabostroitel" (Shipbuilder) and the traditional red-black colours were replaced by unacceptable white-blue just like city rivals of FC Dunav.
The team recorded impressive home wins (for example 6:0 against Cherno more Varna), and played very successful as a guest too.
The company was declared bankrupt and president Penko Dimitrov was arrested, so the team had to finish the season with no finance whatsoever.
The new elected chairman of FC Lokomotiv (Ruse) was Orlin Tanov - businessman of dubious reputation, like most football bosses in Bulgaria.
Two managers - Remzi Nuriev and the famous former goalkeeper Georgi Velinov, who later took the charge at Lokomotiv (Ruse) not only saved the team from relegation, but also made it more impressive with victories at home over all strong teams in the league, including the new champion of 'B' group Maritsa (Plovdiv).
Ultimately derby ended in victory for the railways team inspired by a late goal from a big distance in 86 minutes.
The last two years of that period the experienced Blagovest Georgiev, Miroslav Enev, Samir Mastanov, Tzanko Serafimov and other former Lokomotiv players return to the club.
On 5 July 2002 the owners of the club declared that the team had no money to start the season so that it could not afford to play in "B" group.
Both presidents - Orlin Tanov and Ventsislav Angelov started negotiations with local businessmen but in vain.
[1] As of 6 March 2024[update] Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.