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.
Filling the large number of vacancies in the armed forces and improving their social status and motivation is the main objective of the Governance Programme for the period 2025-2029 in the "Defence" sector . Other expected outcomes of this programme..
A third supermarket boycott has been announced for today. This time the organisers are calling not only for a halt to shopping in large stores, but also to banking transactions - withdrawals, deposits, transfers and payments. Boycotting chain stores..
The association "Made in Bulgaria – Union of Small and Medium Enterprises" will hold its 31st Golden Martenitsa Award Ceremony this evening at 6:00 pm. President Rumen Radev is also expected to attend the event. The "Golden Martenitsa" award was..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
Cloudy
Fog