Rising Prices Hit Seaside Restaurants in Bulgaria This Summer
Prices in seaside restaurants across Bulgaria are rising this year, with a noticeable hike in some popular beachside dishes
Bulgarian Arms Maker VMZ Expects EUR 50 M in New Deals after Paris Trade Show
- Tweet
Send to Kindle
Bulgarian arms manufacturer VMZ has said it expects to sign deals worth a total of some EUR 50 M following its participation in the international defence and security exhibition Eurosаtory 2016.
“We expect to conclude new contracts for a combined worth of BGN 100 M (EUR 50 M) after the talks we have had with leading world companies,” VMZ Sopot CEO Ivan Getzov said in a statement on Friday.
Eurosаtory 2016 was held in Paris from the 13th to the 17th of June, with 572 exhibitors from 56 countries taking part.
Other Bulgarian firms also participated in this year’s edition of the international land and air-land defence and security trade show in the French capital, including arms and ammunition manufacturers Arsenal and NITI as well as arms trader Kintex, according to the statement.
Bulgaria’s Parliament approved on first reading a ban on the sale of state-owned VMZ, NITI and Kintex earlier this month.
Related Articles:
Essential Foods Become Costlier for Bulgarians Amid Inflation
The cost of essential foods in Bulgaria has risen by nearly 11% over the past year, as reported by the Commission on Commodity Exchanges and Markets
Society | May 14, 2025, Wednesday // 23:00
Damaged Leva Banknotes to Be Exchanged for Euros Under BNB’s New Guidelines
The Bulgarian National Bank (BNB) has released another set of practical guidelines regarding the transition to the euro once the country joins the eurozone
Europe's Salary Landscape: Bulgaria Lags Behind with Sixfold Wage Difference
Wages across Europe show considerable variation, with substantial differences in both nominal salaries and cost of living. A useful indicator in assessing these disparities is the average adjusted full-time salary of employees
Construction, Security, and More: Why Over 340,000 Bulgarian Pensioners Keep Working
In Bulgaria, more than 340,000 pensioners are employed under labor contracts
Society | May 13, 2025, Tuesday // 15:48
Brussels Issues Unofficial Warning: Euro Adoption May Be Halted if Referendum Proceeds
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
Nissan to Cut 20,000 Jobs Globally Amid Record Losses and Restructuring Push
Japanese automaker Nissan Motor will cut over 10,000 additional jobs worldwide, bringing total layoffs — including previously announced ones — to around 20,000, or 15% of its global workforce, Japan’s public broadcaster NHK reported on Monday, citing Reut
Bulgaria Outpaces EU in Spirit Exports, Wine Plays Key Role
In 2024, Bulgaria's exports of alcoholic beverages totaled 30.4 million euros
Trump’s Tariffs Hit Bulgarian Garment Industry Hard
Bulgarian garment companies are struggling to find new markets due to the recent increase in tariffs on industrial goods under Donald Trump’s administration
Bulgaria Leads EU in Construction Growth for 14th Straight Month
In February, Bulgaria recorded the highest annual growth in construction output among EU member states
Trends in Online Entertainment You Should Know About
The digital entertainment landscape is evolving rapidly, with new platforms and experiences reshaping how we spend our leisure time.
Bulgaria Sees Record Influx of Non-EU Workers, but Labor Shortages Persist
Bulgaria has seen a record influx of workers from non-EU countries in recent years, yet the demand for labor in various industries remains unmet
