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Bulgaria - Samarm invests 2.6 Mio euro in armored vehicles plant

The Bulgarian ministry of Economy announced on 22 May that the local company Samarm has invested 5 million levs ($3.0 million/2.6 million euro) in a plant for the production of armored vehicles. Samarm is a 50/50 joint venture of the Bulgarian companies Samel-90 and International Armoured Group BG.

Future armored vehicles manufactured for the Burlgarian army at SAMARM's plant will respect NATO standards (Picture source: The Apricity)

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