Minister of Economy Kiril Petkov demanded the resignation of 4 out of the 5 members of the board of directors of VMZ Sopot arms and ammunition manufacturer, as well as of the Executive Director of the State Consolidation Company, which the military factory is part of. This was announced by Ministrer Petkov himself after a meeting with representatives of the trade unions in the military factory.
“Since the new board of directors was appointed in April, VMZ Sopot has not been implementing its contracts, and the losses over the space of a few months are around 6 million Leva,” Kiril Petkov said. He added that he has no criticism to make of the work of CEO Ivan Getsov.
Minister Petkov went to Sopot to quell social tensions among TU members who stated that they will stage a protest in Sofia on 24 August.
The leader of Vazrazhdane party, Kostadin Kostadinov, said in parliament that the state budget was in the red and the expected profits from the Schengen membership were gone. According to Kostadinov, the additional revenues should..
Taking responsibility is a step towards restoring trust in the coalition. This is how PP-DB MP Ivaylo Mirchev commented on Kiril Petkov's resignation and defined it as a reasonable and responsible act, BGNES reported. At the..
The Commission for the Protection of Competition has started a sectoral analysis of the food market. After inspections by the National Revenue Agency, the Commission for Consumer Protection and the Commission for the Protection of..
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At a Sofia City Council (SCC) briefing, municipal officials who recently left the We Continue the Change (PP) party declared they would not be complicit..
A vibrant and free-entry event will mark the beginning of the summer mountain tourist season in the Rhorope town of Chepelare. Starting on June 27 at 6:00..
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