Russia to Step Up Attacks on Western Weapons Depots in Ukraine
Defense Minister Sergei Shoigu announced today that Russia will escalate strikes on Ukrainian storage bases housing weapons supplied by Western nations
Bulgarian State Weapons Co CEO to Be Fired Due to Poor Results
- Tweet
Send to Kindle
Stancho Petkov, CEO of Bulgarian state weapons company TEREM, will be dismissed from his position, announced Bulgarian Minister of Defense Angel Naydenov.
Naydenov spoke to journalists Thursday after reporting to the Defense Committee of the Bulgarian Parliament.
"MPs asked me what necessitated this move and what the financial situation of TEREM is. I stressed that, gently said, the company's financial situation is not good," said the Defense Minister.
"Just for the first 3 quarters of 2013, the losses of TEREM and its daughter companies amount to more than BGN 7 M," added he.
According to Naydenov, there is an ongoing decapitalization of the company.
He stressed that the minstry company's board of directors have undertaken to prepare an analysis of the situation.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
German Authorities Uncover Hamas Weapons Cache in Bulgaria
German investigators have unearthed a suspected Hamas weapons stockpile in Bulgaria, as reported by Die Zeit
Pentagon Confirms North Korea Supplying Weapons to Russia
Amidst the ongoing conflict in Ukraine, a striking revelation emerges North Korea's role as a significant weapons supplier to Russia
France Accelerates Weapons Production to Support Ukraine
France has announced plans to expedite the production and delivery of essential military equipment to support Ukrainian forces
Israel Provides Written Assurances to US on Weapon Usage in Gaza
Israel has provided written assurances to the United States regarding the use of weapons supplied by the US, ensuring compliance with international humanitarian law
World | March 21, 2024, Thursday // 08:38
Russian Documents Reveal Criteria for Tactical Nuclear Weapon Use and the Threat of China
Recently leaked classified documents shed light on Russia's readiness to utilize tactical nuclear weapons in military scenarios, suggesting a lower threshold for nuclear engagement than publicly acknowledged
Bulgarian Farmers Brace for Early Harvest as Heatwave Accelerates Crop Ripening
In a sign of the changing climate's impact on agriculture, Bulgarian farmers are gearing up for an early start to the wheat and barley harvest this year as soaring temperatures hasten crop ripening
Will New Zealand Regulate the Online Gambling Market?
Online gambling and casinos are becoming quite the attraction for players and enthusiasts alike.
Mastering 1xBet: A Beginner's Guide to Betting
Online sports betting has taken the world by storm, offering enthusiasts an exciting way to engage with their favorite sports.
EC Grants 86.9 Million Euros to Bulgarian Farmers Amid Ukraine Conflict
In response to the ongoing war between Russia and Ukraine, the European Commission has greenlit a significant aid package for Bulgarian farmers, totaling approximately 86.9 million euros
Game-Changing Innovations: Latest News From The Casino Industry
If you compare today's casino experience with two decades back, you can tell that a lot has changed.
Gaming the Right Way: The Best Legal Payment Methods for Gamers in Europe
Game distributors and casino sites want to be as accessible and user-friendly as possible.
