Representatives of Bulgarian syndicates forecast that the number of redundancies will be smaller. The main reason for the planned redundancies is the declining number of orders due to the unpredictable situation on the international markets in the recent months, the management of Arsenal arms factory informed.
In an interview with the Bulgarian National Radio later today, Arsenal CEO Nikolay Ibushev has denied the reports about staff cuts, saying there will be no layoffs until the end of May. He explained that cuts were planned a month ago, but the situation had changed.
"There is work for all of our more than 8,000 employees in the enterprise," Ibushev said.
Bulgaria remains one of the countries with a high level of corruption in the public sector, indicates the Corruption Perceptions Index 2024 published by Transparency International. With a score of 43, Bulgaria ranks 76 th out of 180 countries..
The parliamentary group of DPS-Democracy, Rights and Freedoms, affiliated with Ahmed Dogan declared they were categorically opposed to the appointment of Lyudmila Petkova to the post of director of the Public Financial Inspection Agency (PFIA),..
Today is the second day of Prime Minister Rosen Zhelyazkov's participation in the Artificial Intelligence Action Summit in Paris. The forum brings together world leaders, representatives of business, academia and civil society. Today, Zhelyazkov..
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
From February 10 to 22, the largest NATO military exercise of the year, Steadfast Dart - 2025 (STDT25), will be held in the areas of the Tsrancha..
By the end of September, Bulgaria will receive eight F-16 Block 70 fighter jets, Minister of Defence Atanas Zapryanov has told Nova..
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