French company to invest EUR 500 million in Varna shipyard
A French company will invest EUR 500 million into the shipyard in the Bulgarian seaside city of Varna, France and Germany’s honorary consul in Bulgaria Nedyalko Nedelchev told Focus – Varna Radio.
The intergovernmental strategic cooperation agreement signed between France and Bulgaria on July 4th during Prime Minister Sergey Stanishev’s visit to Paris, envisages a number of collaborative investments in Bulgaria, the most important being the project between the French company Armaris and Varna shipyard. The project is about the purchase of two corvettes for the Bulgarian Navy.
The intergovernmental strategic cooperation agreement signed between France and Bulgaria on July 4th during Prime Minister Sergey Stanishev’s visit to Paris, envisages a number of collaborative investments in Bulgaria, the most important being the project between the French company Armaris and Varna shipyard. The project is about the purchase of two corvettes for the Bulgarian Navy.