Bulgaria will continue actively structuring the proposed investment project with Rheinmetall, building on Germany’s leading role as a key foreign-trade partner and source of foreign direct investment for the country, Deputy Prime Minister and Minister of Economy, Investments and Industry Alexander Poulev said during Quick Question Time in Parliament on Friday.
“Rheinmetall is one of the major technology and industrial leaders and giants in the defence industry. Germany is a key foreign-trade partner for Bulgaria regardless of which metric we use – whether trade or foreign direct investment. So we are continuing full steam ahead with the active structuring of the proposed investment project with Rheinmetall,” the Minister said.
He recalled his meeting on Wednesday with a Rheinmetall delegation and said that they had discussed current issues related to structuring the process and the project. “The focus was on safeguarding the national interest and addressing the shortcomings at the outset of the negotiation process that we inherited. We will insist on full technology transfer and the creation of high-quality jobs in Bulgaria at the VMZ facilities,” Poulev said.
The location of the proposed investment was also discussed at the meeting. “We discussed and proposed a new site near Burgas. It is owned by the Defence Ministry and has all the necessary supporting infrastructure, allowing us to establish this high-quality production facility there as quickly as possible,” the Minister said. He added that full administrative support would be provided and that the site would be designated as a facility of national security and national importance, allowing it to go through a streamlined administrative procedure.
The talks focused on investment priorities. “In addition to the gunpowder plant, we examined Rheinmetall’s portfolio in detail. It is very broad and offers many different opportunities for the production and commercialization of products in Bulgaria. We are talking about three main alternative and complementary investment options, and we will select one of them in consultation with Rheinmetall,” the Minister said. He specified that one option involves satellite technologies that could be used by the government at the newly established observation centre in the Dobroslavtsi area. Another involves a product line related to drones and anti-drone systems. Projects involving logistics and transport vehicles were also discussed, with the aim of creating additional opportunities for some of Bulgaria’s automotive-sector specialists to apply their expertise.
The Deputy Prime Minister added that he would make a reciprocal visit to Germany later this month.
Government Says It Will Continue “Actively Structuring” Proposed Investment Project with Rheinmetall 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-10-02 08:53:00
Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news. Bulgaria news, Bulgarian news, news from Bulgaria, latest news Bulgaria, breaking news Bulgaria, Bulgaria today, Bulgarian politics, Bulgarian government. Bulgarian economy, Bulgarian business, Bulgarian society, Bulgarian culture, Bulgarian tourism, Bulgarian sports, Bulgarian media, Bulgarian parliament. Sofia news, Plovdiv news, Varna news, Burgas news, Ruse news, Stara Zagora news, Pleven news, Sliven news. Dobrich news, Shumen news, Pernik news, Haskovo news, Yambol news, Pazardzhik news, Blagoevgrad news, Veliko Tarnovo news. Vratsa news, Gabrovo news, Asenovgrad news, Vidin news, Bulgarian local news, Bulgaria current affairs, Bulgaria breaking news, Bulgaria headlines. Balkan news, Southeast Europe news, Bulgarian international news, Bulgaria world news, Bulgarian elections, Bulgaria events, Bulgaria analysis, Bulgaria updates.Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law.
BULGARIA NEWS – NEWS AGENCY 2009–2026 2026-10-02 08:53:00
