Bulgaria and Rheinmetall Launch €1 Billion Defense Plant to Boost Military Output

Bulgaria and Rheinmetall have partnered to build a €1 billion gunpowder and artillery shell factory, enhancing military production and job creation in Europe post-Ukraine invasion.

• Bulgaria and Rheinmetall have signed a €1 billion contract to construct a cutting-edge factory focused on gunpowder and artillery shell production, significantly enhancing the countrys defense capabilities.
• The new plant, expected to generate approximately 1,000 jobs, aims to fortify Bulgarias position within the European arms industry amid heightened security concerns following the Ukraine invasion.
• This strategic alliance underscores Germanys Rheinmetalls commitment to strengthening European defense infrastructure, reflecting a broader trend of increased military investment across the continent.