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

Weather forecast: Temperatures continue to drop

Over the next 24 hours the weather will continue cloudy, with rain mostly in the Southwestern half of the country and sleet in high plains. The precipitation over Mounts Rila and the Rhodopes will be considerable. There will be a moderate, in..

published on 11/30/24 6:15 PM

A Kilogram of Kindness collects food for people in need

The Bulgarian Food Bank’s Kilogram of Kindness food drive, is collecting food for the needy for the 12th consecutive time. Four to seven tons of food with a longer shelf lifeis expected to be collected – such as rice, lentils,..

published on 11/30/24 4:44 PM

Eurobarometer: Bulgarians’ trust in the EU is a little over the average for the Union

A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common currency, the euro, both in the EU as a whole (74%) and in the euro area (81%). In Bulgaria,..

published on 11/30/24 4:30 PM