Advertise On EU-Digest

Annual Advertising Rates

12/12/08

Sofia Echo: Bulgarian defence industry switches to energy – due to lack of government support - by Nick LLiev

For the complete report from Sofia Echo.com click on this link

Bulgarian defence industry switches to energy – due to lack of government support - by Nick LLiev

Bulgarian defence companies and the entire Bulgarian defence industry have declared themselves against the selection organised by the Defence Ministry (MoD)that excluded local business from participating in important Government orders, and declared that they were contemplating a shift towards the energy projects. According to the executive manager of Samel-90 AD, Petar Georgiev, the selective process implemented by the Bulgarian army for the modernisation process of the three branches of the forces were grossly unsatisfactory. Such conditions have been applied and demanded on the local industry that they were simply beyond any comprehensible reach for the local firms – too much experience or annual budget is required – which was insurmountable for the Bulgarian companies at present, due to the complete lack of financial support and subsidies from the Government in the first place.

“We don’t know if Bulgarians are doing this, or if this is done with some foreign consultants,” Georgiev said, as quoted by Mediapool.bg.

No comments: