Defense industry has an important share in Bulgaria’s economy, Academician Stefan Vodenicharov, co-chairman of the Bulgarian Defense Industries Association has told the Bulgarian National Radio, commenting on recent scandals over licenses of defense factories.
For the past year, turnover of the Bulgarian companies is over 1.1 billion and it should be kept in mind that the defense industry employs directly over 25-30 thousand people, as the number has been rising, he said.
Competition on the global market is fierce and keeping our market positions is extremely important for the entire defense industry of Bulgaria. The issues related to this sector are of geopolitical importance, too, Mr. Vodenicharov added.
An orange code warning for dangerous precipitation has been issued for seven districts in Central Bulgaria. From midnight on Wednesday, precipitation and the risk of hail will move from the west to central and south-western Bulgaria. After noon, the..
BGN 50 million (€25.51 million) will be granted to Bulgarian Posts postal operator, after the European Commission approved, under EU state aid rules, Bulgaria's plans to grant state aid to the company in order to restore its viability. Bulgarian..
"Fear is shaking DPS. I'm talking about the apparatus," Korman Ismailov, former head of the youth organisation of the Movement for Rights and Freedoms (DPS), told BNR. According to him, the party, which came second in June's parliamentary elections,..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
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