Tue, May 22 2012
French ship building firm Armaris, which would construct two Gowind corvettes for Bulgarian navy, applied for the privatisation of Defence Ministry's Terem - KRZ Naval Arsenal shipyard in Varna, French ambassador to Bulgaria Etienne de Poncins said on July 14.
Bulgarian news agency BTA quoted de Poncins as saying that Armaris wanted to construct a ship-repairing centre at Terem - KRZ Naval Arsenal.
De Poncins also said that the first corvette for the Bulgarian navy would be built in France, but the company planned to build the second one in the shipyard in Varna. Armaris wanted to construct other ships for export in Bulgaria as well, he added.
Terem - KRZ Naval Arsenal in Varna was founded in 1897 at the bank of the Varna lake, some 20km from the city, according to website investor.bg. The shipyard spreads on 617 000 sq m, making and repairing smaller multipurpose and specialised ships.
Company says that the measure is only temporary, insisting that there will be a stable market in future.
Bulgaria contemplates the purchase of two new minesweepers, amidst the French Armaris corvette deal which has dragged on for years.
Cash-strapped Bulgarian government is offered help by French shipbuilding company in its bid to buy modern warships
The funding is provided under the foreign military sales programme of the US army's Program Executive Office of Simulation, Training and Instrumentation.
The UK nationals were arrested after throwing beer bottles at people after being refused entry to a restaurant that had closed for the night.
Restoration and development projects include Madara Horseman, Arbanassi fortress, Magura cave.
Simeon Saxe-Coburg and his spouse Margarita opened a new heating and insulation system at the Tsar Ferdinand Hospital for Pulmonary Diseases in Iskrets, a project implemented thanks to the Embassy of the Sovereign Order of Malta in Sofia and the Nando Peretti Foundation.
According to the law's provisions, the commission will have the power to investigate individuals without prior notification and would not require a criminal conviction in order to launch an investigation.