Sopot

Explosion at Bulgarian Military Plant VMZ Sopot, Nobody Hurt

An explosion occurred at a warehouse of Bulgaria's largest arms factory, VMZ Sopot, located near the southern village of Iganovo, Karlovo Municipality, on Saturday evening.

The tip-off for the blast was received at around 7:30 p.m., according to Geori Kostov, Chief Secretary of the Interior Ministry, as cited by the Bulgarian National Television.

Military Plant VMZ Sopot Reports 3-Fold Increase in Sales Revenues

Bulgaria's largest arms factory, VMZ Sopot, has registered a threefold y/y increase in sales revenues in Q2, 2014, according to a report published by the Finance Ministry.

According to the report, sales revenues of the state-owned military plant increased from BGN 10.8 M by June 30, 2013, to BGN 33.5 M for H1, 2014.

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