Text size

The production of Bulgaria's largest arms factory decreases sharply in recent months

published on 8/16/22 6:08 PM

Photo: Archive

The output of Vazovsky Machine Building Plants (VMZ) based in Sopot, the largest enterprise of the military industrial complex in Bulgaria, has decreased significantly in recent months. This was stated by the representatives of the trade unions in the enterprise before the caretaket Minister of Economy, Nikola Stoyanov.

The meeting was requested by the unions, who warned that there was a danger that VMZ would not be able to fulfill its contracts, for which advances have already been received. According to them, the problem lies in the poor management of the enterprise.

Minister Stoyanov assured that measures would be taken to ensure the stability of the enterprise. According to him, new investments should be sought for modernization in order for the enterprise to start producing products in line with the so-called NATO standard.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News machine building plant military complex military equipment NATO Sopot VMZ

More from category

Snow and rain across the country on Saturday

On Saturday, cold air will bring temperatures down. It will be cloudy. There will be rainfalls and snowfalls in the northwestern regions. There will be rainfalls in the eastern regions of the country. The wind will be moderate to..

published on 1/10/25 6:55 PM

Sofia Municipality and Bulgarian Academy of Sciences to make a registry of the homeless

The Sofia Municipality and the Bulgarian Academy of Sciences will create a register of homeless people in Sofia. The initiative comes from the Institute of Population and Human Research of the Bulgarian Academy of Sciences, which is participating in a..

published on 1/10/25 4:51 PM

Regular government may be formed next week

The co-chairman of the parliamentary group of “BSP-United Left”, Atanas Zafirov, expressed hope that this country would have a regular cabinet next week. “Today and tomorrow are important days, I hope that this knot will..

published on 1/10/25 4:12 PM