MB Namenska and Bulgaria's VMZ sign memorandum of cooperation

Representatives of Bulgaria's VMZ-Sopot and the arms factory Milan Blagojevic from Lucani (MB Namenska) have signed a memorandum on a long-term cooperation.

– The aim of the agreement, among other things, are ventures in third markets and the purchase of products made in Lucani at favorable prices. The transport to VMZ will be charged to the account of MB – reported VMZ-Sopot.

Ivan Getsov, Managing Director of the Bulgarian arms producer, says that the memorandum with the partners from Serbia is a proof that the Bulgarian military industry can operate without private mediators.

Milan Blagojevic is among the bigger companies in the military-industrial field in Serbia and has multi-million annual revenues. VMZ-Sopot, located in the eponymous town in central Bulgaria, is the biggest military company in Bulgaria, Wisebroker reports.

MB Namenska Lučani

arms factory Milan Blagojevic Lucani

VMZ Sopot

MB Namenska

production of arms

Ivan Getsov

military industry

arms industry

defense industry