Text size

Rheinmetall to build gunpowder and projectile factory together with VMZ-Sopot

published on 8/8/25 10:28 AM

Photo: reuters.com

The largest arms manufacturer in Europe - Rheinmetall, will make 155 mm projectiles in Bulgaria. This is clear from the transcript of a government meeting. The investment in the state-owned armament factory VMZ-Sopot will be with a Bulgarian participation of 960 million euros. The money will be a loan under the European Security Mechanism for Europe - SAFE.

A joint venture will manage a plant for the production of gunpowder and 155 mm ammunition. According to the Minister of Economy Petar Dilov, negotiations on the project in recent months have been intense. Rheinmetall will transfer technologies and create new jobs in the construction of the new capacity. The projectiles will also be needed for the new Caesar howitzers, which Bulgaria will buy from France. So far, only two private companies in Bulgaria produce 155 mm projectiles according to NATO standards.

Edited by Ivo Ivanov
English version: R. Petkova

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News ammunition armament factory arms factory gunpowder VMZ Sopot

More from category

Weather forecast: The weekend will be a scorcher

On Saturday minimum temperatures will range between 16° C. and 23° C., for Sofia 16 ° C. During the day there will be sun with a light, in the Southeastern parts to moderate wind from the East-Northeast. Daytime highs will climb some more,..

published on 8/8/25 6:35 PM

No timeline yet for remaining U.S. F-16 deliveries to Bulgaria, Defence Minister says

Bulgaria has no confirmed delivery schedule for the remaining six F-16 Block 70 fighter jets it has ordered from the United States , Defence Minister Atanas Zapryanov said in a written response to MP Ivaylo Mirchev. According to the minister, the..

published on 8/8/25 5:55 PM

Bulgaria ranks among Europe's top three for healthy life expectancy – Eurostat

Bulgaria ranks third among 30 European countries for healthy life expectancy, according to 2023 data from Eurostat. On average, Bulgarians spend 68.6 years in good health, trailing only Malta and Italy. Bulgarian women rank second, with a healthy..

published on 8/8/25 5:45 PM