Minister of Economy Kiril Petkov demanded the resignation of 4 out of the 5 members of the board of directors of VMZ Sopot arms and ammunition manufacturer, as well as of the Executive Director of the State Consolidation Company, which the military factory is part of. This was announced by Ministrer Petkov himself after a meeting with representatives of the trade unions in the military factory.
“Since the new board of directors was appointed in April, VMZ Sopot has not been implementing its contracts, and the losses over the space of a few months are around 6 million Leva,” Kiril Petkov said. He added that he has no criticism to make of the work of CEO Ivan Getsov.
Minister Petkov went to Sopot to quell social tensions among TU members who stated that they will stage a protest in Sofia on 24 August.
An analysis of the state and preparedness of the armed forces in 2024 was presented during the Chief of Defence Annual Conference in Sofia. In their statements at the event, both President Rumen Radev and Minister of Defence Atanas Zapryanov..
To insist on seeking a military settlement to the conflict in Ukraine is a losing venture. Europe should support the efforts of the US to find a better solution, said President Rumen Radev at the Chief of Defence Annual Conference in Sofia. At..
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US President Donald Trump and French President Emmanuel Macron at the White House. “The institutions in..
Bulgaria is to take part in common procurement procedures in the sphere of defence at an EU level, under projects for the acquisition of IRIS-T air..
On Wednesday, minimum temperatures will range between minus 5° C. and zero, lower in the Northeastern parts of the country where they will drop down..
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US..
Cloudy
Fog