HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
Send to Kindle
Photo by BGNES
Bogdan Bogdanov is the new CEO of Bulgaria’s state-owned military plant VMZ Sopot and Todor Dichev has been appointed Chair of the Board of Directors of the company.
The top-level reshuffle was confirmed by Economy Minister Bozhidar Lukarski on Friday.
Lukarski, as cited by the Bulgarian National Radio, did not specify whether the changes had been triggered by the explosions at the warehouse of the military plant in Iganovo.
He said, however, that inspections had uncovered mismanagement of the affairs of the military plant.
The four deputy CEOs of VMZ Sopot remain the same.
Ivan Stoenchev resigned from the post of CEO of the military plant earlier this week.
Lukarski vowed that an audit and an inventory of VMZ Sopot would be carried out and that the security of the military plant would be stepped up.
The investigation into the causes of the March 21 explosions at Iganovo-based site of VMZ Sopot continues.
The site has been cleaned up and the production process is to be restarted in a few days’ time, according to Lukarski.
Bulgaria’s Economy Minister assured Friday that the military plant would not be penalized after the 2-month production halt caused by the blasts as the contracts had been renegotiated.
He made clear that the losses for the state-owned military plant had been estimated at around BGN 3 M.
Israel has launched what it describes as a preemptive strike against Iran, triggering a rapid escalation in tensions across the region.
Explosions occurred on April 22 at a military ammunition depot in Russia's Vladimir Oblast,
On the morning of 28 November, Russian forces launched a large-scale missile and drone attack on Ukraine, targeting multiple regions
Federal police in Brazil have launched an investigation following explosions in the capital that resulted in one fatality,
At least 20 people have been killed, and over 450 injured, following a second wave of explosions targeting mobile communications devices in Lebanon
Explosions were reported in the Beirut suburb of Dahiyeh on Wednesday afternoon
Dr. Boyko Takov: Analytical and empirical results from ongoing projects constitute a solid information base
Up to 90 percent of construction and renovation workers in Bulgaria are operating outside the legal framework, according to entrepreneur Lozan Lozanov, who raised concerns about the lack of regulation in construction and installation services
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Mobile slot gaming has exploded in popularity, and it’s easy to see why.
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Boris Azarenko is an entrepreneur whose professional background lies in banking and finance and who later founded major property development businesses.
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
