You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Rise in power, metal prices force month-long shutdown at Bulgaria's Arsenal - report

Author Vasil Kolchev
Rise in power, metal prices force month-long shutdown at Bulgaria's Arsenal - report Photo: Arsenal / All rights reserved.

SOFIA (Bulgaria), January 12 (SeeNews) - Bulgarian arms manufacturer Arsenal said it is sending all of its employees on a four-week paid leave due to increased prices of consumables, primarily metals, as well as fuels and electricity, local media reported on Wednesday.

The shutdown will be in force from January 17 to February 11 included, public television BNT reported.

The surge in new COVID-19 cases in Bulgaria due to the spread of the Omicron variant of the virus is also a reason for Arsenal's decision, BNT said.

Kazanlak-based Arsenal's main activities include design, manufacturing and trade in small arms and artillery pieces, hunting and sport weapons and ammunition.

Share this story
SeeNews in Brief

View our Newsletters

 
Compare