Kintex is threatened to pay BGN 212,000 per month in fines due to its incapacity to provide ammunition ordered more than half a year ago in Blagoevgrad, Bulgaria.
Alexander Mihailov, executive director of Kintex, stated that various outrages and damages were caused by the management of VMZ selected by Cornelia Ninova, which gave more priority to private companies at the expenditure of the state interest.
Alexander Mihailov said, “The company VMZ is responsible for the whole situation. Instead of helping Kintex, VMZ was more interested in certain private companies.”
The weirdest thing is that products have disappeared, and there is no evidence as to why it was given to the private company and to whom it was given instead of the state trader; Mihailov also revealed a letter from the former director of the VMZ, in which it was reported that as of February 9 several thousand pieces of the products ordered by Kintex were produced. However, after the war’s start, these products mysteriously disappeared.
Mihailov added, ” In January this year, Kintex received the order from the Navy for artillery ammunition and paid the corresponding advance. The director of Ninova Eng. Getsov, who the company later fired, confirmed the delivery and announced the quantities had already been produced.
Since June, by order of Ninova, Ivan Ivanov, unknown to everyone in the industry and without any experience in a production enterprise, has been appointed to the plant. From that moment, things turned around, and some private companies were regularly ahead of “Kintex”, and The number of ammunition produced mysteriously disappeared.
Due to the Russia-Ukraine war, there is an enormous demand for these artillery shots in the market these days. There are so many orders for these projectiles, and only the delivery time matters to the customer. During a war, ammunition is bought at any price. Private companies that scrambled Kintex in the last two months generated big profits. The state trader is on the verge of falling into arrears, paying penalties and even compromising in front of a traditional customer.
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Alexander Mihailov, executive director of Kintex, stated that various outrages and damages were caused by the management of VMZ selected by Cornelia Ninova, which gave more priority to private companies at the expenditure of the state interest.
Alexander Mihailov said, “The company VMZ is responsible for the whole situation. Instead of helping Kintex, VMZ was more interested in certain private companies.”
The weirdest thing is that products have disappeared, and there is no evidence as to why it was given to the private company and to whom it was given instead of the state trader; Mihailov also revealed a letter from the former director of the VMZ, in which it was reported that as of February 9 several thousand pieces of the products ordered by Kintex were produced. However, after the war’s start, these products mysteriously disappeared.
Mihailov added, ” In January this year, Kintex received the order from the Navy for artillery ammunition and paid the corresponding advance. The director of Ninova Eng. Getsov, who the company later fired, confirmed the delivery and announced the quantities had already been produced.
Since June, by order of Ninova, Ivan Ivanov, unknown to everyone in the industry and without any experience in a production enterprise, has been appointed to the plant. From that moment, things turned around, and some private companies were regularly ahead of “Kintex”, and The number of ammunition produced mysteriously disappeared.
Due to the Russia-Ukraine war, there is an enormous demand for these artillery shots in the market these days. There are so many orders for these projectiles, and only the delivery time matters to the customer. During a war, ammunition is bought at any price. Private companies that scrambled Kintex in the last two months generated big profits. The state trader is on the verge of falling into arrears, paying penalties and even compromising in front of a traditional customer.