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The management of VMZ-Sopot refuted today's statement of the Acting Minister of Economy and Industry Nikola Stoyanov

Nikola Stoyanov was born in 1976 in Sofia.

He graduated from "Law" at Sofia University that the economic condition of the armory has deteriorated and the losses in just two months exceed 100 million BGN.

The new board of directors claims that the plant even reports a profit of 48 million for the half year, while under the management of Nikola Stoyanov

Nikola Stoyanov was born in 1976 in Sofia.

He graduated from the University of Sofia with a law degree and was at a loss of over 1.6 million BGN.

In addition, old debts for more than 35 million BGN have already been paid and dividends have been paid to the State Consolidation Company for nearly one million more.

Minister Stoyanov: Only in VMZ-Sopot, Ninova caused damages for BGN 100 million

The management of the arms company also points to a number of social benefits for the workers at the VMZ, including increased wages.

"At the moment, the enterprise is stable, with a rhythmic implementation of the production process and the concluded contracts", the new board of directors points out.

Nikola Stoyanov

VMZ-Sopot