In 2015 the exports of Bulgaria’s defense industry saw a 50% increase year on year, Bulgaria’s Minister of Defense Nikolay Nenchev announced during the official opening of the 12th International Defense Equipment Exhibition HEMUS 2016 in the city of Plovdiv (Central South Bulgaria). The exports of that sector amounted to over EUR 640 million. Recently, Bulgaria’s defense industry has seen an upsurge. Over 1,000 new job positions were created at VMZ Sopot military plant as a result of the opening of new production facilities.
Bulgaria has resubmitted its second request for payment under the National Recovery and Resilience Plan (NRRP), amounting to EUR 653 million. The request covers the implementation of 59 milestones and targets, 20 of which were related to legislative..
From July 24 to 26, Kyustendil will host the 21st edition of the International Folklore Festival "Srebarna Pafta/Silver Belt Buckle" – a celebration of cultural diversity and dance art from around the world, BTA reports. The festival will bring..
On Thursday morning, temperatures will range from 19 to 23°C, 21°C in Sofia. Considerable cloud cover is expected over the eastern regions during the morning, with showers likely in north-eastern Bulgaria. The rest of the country will see sunny weather...
Bulgaria and six other EU member states have not signed a joint statement condemning Israel over the situation in Gaza. The statement was signed..
The U.S Department of State has made a determination approving a possible Foreign Military Sale to the Government of Bulgaria of Naval Strike..
According to forecasts by industry representatives, the introduction of the euro is expected to impact property prices in Bulgaria . Some predict price..
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