The leading manufacturer of armored vehicles International Armored Group (IAG) is beginning preparations for the construction of a new factory in the coastal city of Burgas. This is another step in the company’s strategy to invest directly in Bulgaria’s arms industry. In 2021, it chose a Bulgarian test site to carry out quality tests according to NATO's standards. IAG is founded by Bulgarian emigrant Dr. Anton Stefov.
The new factory will be built in the industrial zone in Burgas. A preliminary contract for the acquisition of 150,000 square meters of land was signed. The construction of the plant will begin at the end of 2022.
Three Bulgarian companies have been sanctioned by the US for enabling the Russian military industry. According to the US Department of State and the Department of the Treasury, they shipped aviation components and other items used by Russia to..
The Third National Meeting of Essential Oil Distillers in Bulgaria will be held today at the Inter Expo Center in Sofia. The forum is organized by ''Distilled in Bulgaria'' Association, reported BTA. The sector is facing significant challenges globally...
On October 31, we celebrate the International Black Sea Day. It aims to draw public attention to the problems of the sea and the ways to protect it, to ensure a better future for 16 million people from six countries living along the Black Sea coast...
Three Bulgarian companies have been sanctioned by the US for enabling the Russian military industry. According to the US Department of State and..
Instead of calming society, the announcement of the election results generated tensions and raised questions about how fair the elections have been,..
On Friday morning visibility will be diminished in parts of the lowlands and valleys. Minimum temperatures 5-10° C., for Sofia 6° C. During the day..
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