Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Economy Minister Kiril Petkov demands resignations at VMZ Sopot weapons factory

Kiril Petkov
Photo: BGNES

Minister of Economy Kiril Petkov demanded the resignation of 4 out of the 5 members of the board of directors of VMZ Sopot arms and ammunition manufacturer, as well as of the Executive Director of the State Consolidation Company, which the military factory is part of. This was announced by Ministrer Petkov himself after a meeting with representatives of the trade unions in the military factory.

“Since the new board of directors was appointed in April, VMZ Sopot has not been implementing its contracts, and the losses over the space of a few months are around 6 million Leva,” Kiril Petkov said. He added that he has no criticism to make of the work of CEO Ivan Getsov.

Minister Petkov went to Sopot to quell social tensions among TU members who stated that they will stage a protest in Sofia on 24 August.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Weather forecast: A cool morning and a warm winter day

On Wednesday, minimum temperatures will range between minus 5° C. and zero, lower in the Northeastern parts of the country where they will drop down to minus 7° C., for Sofia around minus 1° C. During the day the weather will be predominantly cloudy..

published on 2/25/25 6:55 PM
LIK magazine

LIK magazine dedicates February issue to BNR’s 90th anniversary

The magazine of the Bulgarian news agency BTA called LIK dedicates its February issue to the Bulgarian National Radio. The magazine was presented today in the marble lobby of the BNR building. The BNR marked its 90 th anniversary on 25 January..

published on 2/25/25 5:51 PM

President and defence minister agree more money needed for defence

An analysis of the state and preparedness of the armed forces in 2024 was presented during the Chief of Defence Annual Conference in Sofia. In their statements at the event, both President Rumen Radev and Minister of Defence Atanas Zapryanov..

published on 2/25/25 5:15 PM