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Rheinmetall Invests €1 Billion in Bulgaria's Defense Industry

8/28/2025

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Summary

Story summary

Rheinmetall will invest over €1 billion in Bulgaria to produce gunpowder and 155-mm artillery shells through joint ventures.
This initiative follows talks between Boyko Borissov and Rheinmetall's CEO to strengthen NATO's ammunition supply chain.
The new facilities will enhance Bulgaria's defense industry and create skilled jobs, significantly boosting Eastern Europe's military capabilities.

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Story summary

Rheinmetall will invest over €1 billion in Bulgaria to produce gunpowder and 155-mm artillery shells through joint ventures.
This initiative follows talks between Boyko Borissov and Rheinmetall's CEO to strengthen NATO's ammunition supply chain.
The new facilities will enhance Bulgaria's defense industry and create skilled jobs, significantly boosting Eastern Europe's military capabilities.