Kazanlak

Bulgaria's specialised criminal court acquitted on Monday alleged drug lord Zlatomir Ivanov, known as Zlatko Baretata, of two charges which had been brought against him.

Ivanov, who had been accused of heading an organised crime group involved in the distribution of drugs and unlawfully appropriating a Mercedes E 500, was acquitted of both charges.

A 53-year-old worker died on Friday evening in an incident at the Arsenal arms manufacturing plant in the Bulgarian town of Kazanlak, local media report.

A blast occurred around 22:30 GMT, local time. The man was left with serious injuries and died as doctors were fighting for his life.

The abundant rainfall caused a flooding in the Bulgarian town of Kazanlak overnight after the Stara reka river burst its banks.

The construction of a dyke began immediately and the electricity, water and gas supply in the neighbourhood of Derelika have been turned off.

Incident at the Arsenal arms manufacturing plant in the Bulgarian town of Kazanlak claimed the lives of two workers on Monday.

The incident occurred when a spark came out during repair works in one of the buildings on the territory of the plant.

Bulgarian arms  manufacturer VMZ-Sopot and arms trader Kintex will remain state-owned, it emerged on Wednesday after a weekly cabinet meeting.

The numerous Thracian gold treasures, which have been excavated in Bulgaria over the years, have unleashed a gold rush in the country.

In the past years, more and more Bulgarians have started searching the country's rivers for specks of the precious metal, a recent article by AFP claims.

The Turkish company Arkomat, which specialises in the production of wire harnesses for Volkswagen, will open a second production plant in Bulgaria in a month.

Arkomat opened its first factory in Bulgaria in the town of Kazanlak sixteen years ago and now plans to open a second one in the town of Karlovo.

Bulgaria's second-largest city Plovdiv is gradually recovering after two people died in the region overnight in flash floods caused by torrential rains.

Waters also claimed the life of another man in the town of Kazanlak, northeast of Plovdiv, on Friday.

Bulgaria's Culture Minister Vezhdi Rashidov ordered an urgent inspection in the tomb of the Thracian King Seuthes III after a collapse had been reported by the municipality of Kazanlak.

According to local Press TV, the Golyamata Kosmatka Mound, which contains the tomb, collapsed with nearly a meter and 5 cubic metres of soil had been removed from its corridor.

The Kazanlak-based military plant Arsenal will create 1000 jobs and make a substantial investment in new equipment, according to CEO Nikolay Ibushev.

Ibushev, as cited by econ.bg, explained that the upgrade of the machines had been planned mainly for the two biggest units of Arsenal.