Representatives of Bulgarian syndicates forecast that the number of redundancies will be smaller. The main reason for the planned redundancies is the declining number of orders due to the unpredictable situation on the international markets in the recent months, the management of Arsenal arms factory informed.
In an interview with the Bulgarian National Radio later today, Arsenal CEO Nikolay Ibushev has denied the reports about staff cuts, saying there will be no layoffs until the end of May. He explained that cuts were planned a month ago, but the situation had changed.
"There is work for all of our more than 8,000 employees in the enterprise," Ibushev said.
Over 70% of Bulgarians are categorically against sending a military contingent to Ukraine. This was stated by Dimitar Ganev from the sociological agency “Trend” in an interview for the Bulgarian National Radio. President Radev opposes sending..
Nowhere and in no way has anyone discussed the issue of sending troops to Ukraine to participate in hostilities between Russia and Ukraine, Bulgaria’s Minister of Foreign Affairs Georg Georgiev told MPs in parliament. Foreign Minister Georgiev..
On February 19th, the day when Bulgarians worldwide commemorate 152 years since the passing of the Apostle of Freedom, Vasil Levski, Bulgaria’s National Liberation Day, March 3rd, received special recognition in Beverly Hills. Mayor Lester Friedman..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
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