There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting with the President of the Confederation of Independent Trade Unions in Bulgaria, Plamen Dimitrov.
The enterprise is strategically important for the defense industry and plays a significant role both for the national security and the economy, emphasized Minister Dilov. In his words, maintaining full state ownership guarantees the presence of VMZ-Sopot on strategic markets.
During the discussions, the focus was placed on the ReArm Europe Plan and its vast potential for the technological modernization of the country’s defense industry, which plays a key role in Bulgaria’s economy through the development of new industries and the creation of additional jobs.
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Plovdiv is hosting the 79th International Technical Fair from September 24 to 27, 2025 , bringing together leading companies, innovators, and industry professionals. The Forum highlights technological advancement and sustainable development across key..
At the end of September, with a little over three months to go until the Rubicon in Bulgarian public finance - 1 January, 2026, when the country..
Bulgaria is among the most dynamic and promising economies in Southeastern Europe, said Prime Minister Rosen Zhelyazkov. He participated in a luncheon..
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