VMZ Sopot is preparing an investment program to expand its production in compliance with NATO standards. This became clear during the visit of the Commissioner for the Internal Market, Thierry Breton, to the largest arms factory in Bulgaria. Thierry Breton was accompanied by caretaker Minister of Defense Dimitar Stoyanov and caretaker Deputy Minister of Economy Irina Shtonova.
Irina Shtonova told Commissioner Breton that companies from the Bulgarian defense industry are actively participating and performing well in both highly competitive international NATO tenders and in current European programmes with a focus on defense.
Commissioner Breton's visit is in the framework of the EU initiative to urgently increase the production of ammunition destined for Ukraine.
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BGN 50 million (€25.51 million) will be granted to Bulgarian Posts postal operator, after the European Commission approved, under EU state aid rules, Bulgaria's plans to grant state aid to the company in order to restore its viability. Bulgarian..
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