The leading manufacturer of armored vehicles International Armored Group (IAG) is beginning preparations for the construction of a new factory in the coastal city of Burgas. This is another step in the company’s strategy to invest directly in Bulgaria’s arms industry. In 2021, it chose a Bulgarian test site to carry out quality tests according to NATO's standards. IAG is founded by Bulgarian emigrant Dr. Anton Stefov.
The new factory will be built in the industrial zone in Burgas. A preliminary contract for the acquisition of 150,000 square meters of land was signed. The construction of the plant will begin at the end of 2022.
In a statement on behalf of "We Continue the Change – Democratic Bulgaria", MP Martin Dimitrov stated that the ''first action of the new government is to sabotage Bulgaria's entry into the Eurozone''. "Bulgaria meets all the criteria for joining the..
"I categorically want to put an end to all insinuations that Bulgaria is abandoning its goal of joining the Eurozone within the next year", said Minister of Finance Temenuzhka Petkova. "There is a procedure for us to be heard in the Eurogroup in..
The Consulate General of Bulgaria in Los Angeles has issued recommendations due to two new fires that have broken out in the Los Angeles and Ventura counties in the United States. The Hughes fire has spread over more than 10,000 acres of land, while..
"I categorically want to put an end to all insinuations that Bulgaria is abandoning its goal of joining the Eurozone within the next year", said..
Captain Lyubomir Chanev and chief mate Danail Veselinov returned to Bulgaria. They were held captive by Yemen's Houthis for 430 days. The Galaxy Leader..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that she is concerned about the current state of the country’s finances, which,..
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