Terem Will Repair Bulgarian Military Helicopters Mi-17 and Mi-24 for BGN 38.7 Million

SOFIA, (BM) – The state-owned company “Terem” will perform a major repair of the helicopters Mi-17 and Mi-24 amounting to BGN 38.7 million, learned BulgarianMilitary.com.

On June 12, The Ministry of Defence has concluded a four-year framework agreement with “Terem Holding”, which will work with a sub-contractor – the company “Terem-Letets”.

Read more: “Terem” Starts Repairing 10 of Bulgaria’s MBTs T-72

67% of this amount, BGN 25.93 million, will go to Russian companies. The company called “Russian Helicopters” JSC will deliver the equipment needed for the repair and will receive 31% of the total contract value. “Ural Works of Civil Aviation” JSC will give the engines a complete overhaul for 34 % of the sum, and “150 Aircraft Repair Plant” JSC and “Mil Moscow Helicopter Plant” JSC will repair auxiliary facilities for 2% of the contract value.

The contract provides for the repair of two Mi-17 and four Mi-24 helicopters.

When the contract was announced in the summer, there was a gaffe in the documentation and it was not known exactly how many machines would be repaired. The estimated value of the repairs was over BGN 31 million.

Read more: Bulgarian Shiprepair Yard “Terem-SRY Flotski Arsenal – Varna” Operates at a Loss

The announcement of the contract came after the last flying Mi-17, used also for extinguishing fires, fell. Out of a total of 28 helicopters in the army then only 8 were flying. None of 5 Mi-17 helicopters is flying, and of 5 Mi-24 flies only one.

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BulgarianMilitary.com
Translator editor: Monika Evgenieva

Source: Dnevnik