VMZ, Rheinmetall sign gunpowder plant deal

site.btaRheinmetall CEO Says Bulgaria Will Become Centre of Excellence in Defence Sector

Rheinmetall CEO Says Bulgaria Will Become Centre of Excellence in Defence Sector
Rheinmetall CEO Says Bulgaria Will Become Centre of Excellence in Defence Sector
Rheinmetall CEO Armin Papperger (right) and Rheinmetall CEO Division Weapon and Ammunition Roman Kohne, Sofia, October 28, 2025 (BTA Photo/Milena Stoykova)

At a ceremony hosted by the Council of Ministers here on Tuesday that saw the Bulgarian government and German arms manufacturer Rheinmetall officially announcing the start of a project to build a gunpowder and ammunition factory in Bulgaria, Rheinmetall CEO Armin Papperger said that Bulgaria will become a centre of excellence in the defence industry for the whole of Europe.

Papperger praised the Bulgarian side for its speedy operations and for the efforts it invested to make the cooperation with Rheinmetall possible. He noted that cooperation began at the Munich Security Conference that took place on February 14 and 15. The CEO said that the project will create one of the most modern factories for gunpowder and ammunition in the world.

Papperger said that the plant will have an annual production capacity of 100,000 155 mm shells that will be exported over the next 10 years. He added: "The European Union and NATO need millions of such shells, and according to our calculations, the alliance will need about 50 million."

The CEO of Rheinmetall emphasized that his company values the trust of the Bulgarian government. He added that the joint project with Bulgaria is just the beginning and that Rheinmetall plans to make additional investments in the country. He praised the country for having highly qualified specialists, which makes it suitable for the development of industrial and technological capacity in the defence sector.

/RY/

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By 10:01 on 28.12.2025 Today`s news

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