Balgarianovinite.com At its sitting on Tuesday, the Council of Ministers approved changes to the 2025 budget of the Ministry of Economy and Industry, the Government Information Service reported. The decision is related to an increase of the State’s shareholding in the capital of Iganovo EAD and State Consolidation Company EAD, and a respective increase in the capital of the VMZ ordnance plant.
The funds for the increase in the capital of Iganovo EAD will be used to pay for certain technologies, patents, know-how, and engineering solutions. They are in accordance with the scope of the Technological Collaboration Agreement signed on December 3, 2025, between Iganovo EAD and Rheinmetall Waffe Munition GmbH (RWM GmbH).
The funds for increasing the capital of State Consolidation Company EAD will provide targeted financing to the VMZ ordnance plant. The purpose is to secure the plant’s shareholding in the establishment of a joint venture with Rheinmetall AG for the implementation of a project to build a gunpowder and ammunition factory, and the funds will be provided in the form of capital. The joint venture will be a joint-stock company named Rheinmetall-VMZ, in which VMZ EAD will hold 49% of the capital and Rheinmetall 51%. Economy Ministry’s Budget Amended to Increase Capital in Ordnance Plants 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-12-23 15:50:08 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 hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv 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
