According to an investigation carried out by Euractive Bulgaria, Bulgarian arms worth billions of USD entered Ukraine through other countries in the past two years without Ukraine and Bulgaria even having to agree to a single direct deal, even before the war.
“Even before the war, from the start of 2021 until 24 February 2022, Ukraine made no direct deals with Bulgarian arms companies, which are major exporters of weapons and ammunition produced according to the Soviet standard for the Ukrainian army”, Euractiv said. In 2022 alone, Bulgaria exported indirectly at least USD 1 billion in arms to Ukraine, Euractiv wrote. Large state-owned arms factories in Sopot, Kazanlak and Karlovo reported a 100% increase in sales. According to Alexander Mihailov, former executive director of the state-owned company “KIntex”, the arms export permits issued by the state in 2022 were to the tune of EUR 1.3 billion.
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
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