The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot.
The deal was signed by Rheinmetall Chief Executive Officer Armin Papperger and VMZ Executive Director Ivan Getsov. The ceremony was attended by Prime Minister Rosen Zhelyazkov, Economy Minister Petar Dilov, and Germany’s ambassador to Bulgaria, Irene Maria Plank.
“There is much work ahead to unlock the full potential of the Bulgarian plant. We have established a stable and predictable partnership with our partners,” said Prime Minister Rosen Zhelyazkov.
Papperger said he expected other European companies to invest in Bulgaria’s defence industry.
The nearly 500 million euro investment will create around 1,000 jobs and is seen as key to modernising Bulgaria’s defence sector. It is part of broader EU and NATO efforts to strengthen Europe’s defence capabilities.
Applications for recognition of higher education obtained abroad have doubled. This was announced by Vanya Grashkina-Mincheva, executive director of the National Center for Information and Documentation before a meeting of the parliamentary education..
Protecting the rights and caring for Bulgarian communities abroad are fundamental to Bulgarian foreign policy, said Bulgarian President Rumen Radev at a meeting with the Bulgarian community in Riyadh . He answered the questions of Bulgarians working and..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the earthquake. The epicenter was near the city of Sundargah in the Balıkesir province. In addition to..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
Partly Cloudy