The Russian arms company Freshvale, registered in Sofia, has been selling combat drones and weaponry to Russia despite imposed sanctions, said the US Department of the Treasury. Freshvale EOOD, a Bulgaria-based UAV manufacturer, marketed Russian UAVs with offensive capabilities, such as weapons systems and missiles to an African country.
According to the Bulgarian commercial register, the owner is Austrian citizen Ariel Israilov. The company was registered in Sofia in 2018 with a capital of BGN 2. The company's website says it offers ARROW-2 drones with a jet engine and BOREY 10 - designed for tactical missions with increased flight time. Dmitry Romanov, a Russian citizen residing in Bulgaria, heads the Business Development department. Over 90 individuals and entities from Russia, Belarus, British Virgin Islands, Kazakhstan, Kyrgyzstan, China, Serbia, South Africa, Turkey and the UAE are included in the sanctions list under Regulation E.O. 14024.
Municipal councilors from "Blue Sofia" submitted a report in which they insist that the "St. Alexander Nevsky" square in Sofia should be renamed "St. Ivan Rilski". "The square is the most representative public space of the capital of Bulgaria,..
The European Commission has called on Bulgaria and 25 other EU countries to introduce a fast-track approval procedure for renewable energy projects. The new rules should have been in place by 1 July this year. The EC has launched infringement..
"Stolichen Avtotransport's accounts have been frozen since yesterday, according to mayor Vasil Terziev. He warned that if the company ceased operations, Sofia would be left without public transport. "Deputy Mayor for Finance Ivan Vasilev, like the..
For the first time in 38 years the population of Bulgaria has practically stopped its downward trend. In 2023 the decline is by a mere 0.3%, or just..
Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with..
Renowned Bulgarian pianist Marta Deyanova has died in London at the age of 77, her son Martin wrote on Facebook. Marta Deyanova graduated from the..
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