Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Former head of "Kintex": 200 million leva worth of weapons were exported to Ukraine

Photo: BGNES

The State Consolidation Company has announced that it will refer to the prosecutor's office irregularities detected at the state-owned company for foreign trade in special goods "Kintex". 

The company's financial report for the first quarter of 2022 showed 17 times less profit than in the same period last year. The now dismissed director of Kintex, Alexander Mikhailov, allegedly ran the company single-handedly and failed to report the contracts, the consolidation company claims. Alexander Mikhailov denied everything to journalists and stated that a smear campaign was underway against him.

According to him, arms worth 102 million euros had been exported via Romania to Poland with final destination Ukraine. "Deputy Prime Minister Assen Vassilev can provide a reference from the Customs Agency on the value of weapons exported since the beginning of the war.

It might turn out that the increase is 45 to 47 times," Mikhailov underlined, adding that it was mainly 122-millimeter BM-21 missile shells.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Healthcare professionals threaten to go on strike

The Trade Union of Bulgarian Medical Specialists has declared readiness for protest actions and an effective strike, according to a statement published on Facebook addressed to the Prime Minister, the Ministers of Finance and Health, the Ombudsman..

published on 5/22/25 10:27 AM
MEP Nikola Minchev

EP decides whether to lift the immunity of Nikola Minchev and four other MEPs

The European Parliament has launched a procedure at the request of the  Belgian  authorities of to lift the immunity of five MEPs, including former Bulgarian National Assembly Speaker Nikola Minchev from the “Renew Europe” group, BTA..

published on 5/22/25 9:49 AM

Bulgaria and 15 other EU countries: Third countries should support the European initiative to end the war in Ukraine

Bulgaria and 15 other EU countries sent a letter to Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, calling on her to initiate joint diplomatic efforts aimed at securing global support for a ceasefire in Ukraine, the..

published on 5/22/25 9:00 AM