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Bulgarian Corporate Finance

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”.

About € 4 Million Is Invested by Opticoelectron in 2017

PANAGYURISHTE, Bulgaria (BulgarianMilitary.com), June 29, 2018, Author: Boyko Nikolov, Picture: Hristo Elkin Interesting indices and positive attitudes in the investment policy showed the general annual report of the companies in the structure of Opticoelectron Group JSCo during the last year. About € 4 million has been invested during the 12…

Optix Has Sold Part of Its Assets to American Optics

PANAGYURISHTE (Bulgaria), March 20, 2018, Author: Galina Zdravkova (Bm), Photo by Bm In the end of 2017, the Bulgarian company OPTIX JSC (based in the town of Panagyurishte) sold part of its assets to the Canadian company American Optics Inc. – a manufacturer and distributor of rigid and flexible endoscope optics, reported the Bulgarian weekly…

Bulgaria 2016 military goods exports at 1.015 billion euro

The Parliament in Sofia passed the 2016 Report of the Interdepartmental Commission for Export Control and Nonproliferation of Weapons for Mass Destruction at the Minister of Economy. Last year the Commission issued 595 permissions/certificates for export and transfer of goods related to defense from the territory of the Republic of…

Export of Bulgarian Weapons Increased by Almost 60% After Conflicts in the Middle East

Conflicts in the Middle East have increased the export of Bulgarian weapons by almost 60% in 2016, reaching record levels not seen since the end of Communism. According to official data, our country has exported goods worth more than € 1 billion in 2016, compared with € 642 million in 2015 and € 402 million in 2014. Major buyers of Bulgarian…

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