Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

The production of Bulgaria's largest arms factory decreases sharply in recent months

Photo: Archive

The output of Vazovsky Machine Building Plants (VMZ) based in Sopot, the largest enterprise of the military industrial complex in Bulgaria, has decreased significantly in recent months. This was stated by the representatives of the trade unions in the enterprise before the caretaket Minister of Economy, Nikola Stoyanov. 


The meeting was requested by the unions, who warned that there was a danger that VMZ would not be able to fulfill its contracts, for which advances have already been received. According to them, the problem lies in the poor management of the enterprise. 

Minister Stoyanov assured that measures would be taken to ensure the stability of the enterprise. According to him, new investments should be sought for modernization in order for the enterprise to start producing products in line with the so-called NATO standard.



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

Iassen Tomov

Bulgaria seeks alternatives to evacuate citizens from Lebanon

Another evacuation flight from Lebanon to Bulgaria would be risky and almost impossible to organise , said Bulgaria's ambassador in Beirut, Iassen Tomov. Alternative options are being considered to bring the Bulgarian citizens home.  On Tuesday, 169..

published on 10/3/24 1:55 PM

Most Bulgarians are Euro-optimists, Eurobarometer survey shows

Most Bulgarians (60%) are optimistic about the future of the EU. The EU-wide figure is 65%, according to a Eurobarometer  post-election survey published by the European Parliament.  Positive attitudes towards the Community are also high - more..

published on 10/3/24 1:34 PM

British retiree Simon Hill: My wife and I love our lives in Bulgaria

Daily Mail Online published a letter from former teacher Simon Hill under the title “I’m living the Bulgarian retirement dream”. The retiree and his wife own two properties in Bulgaria. They get better healthcare, enjoy hot summers and ski in the..

published on 10/3/24 12:19 PM