Varna Shipyard

Varna Shipyard

 

(full name, the G. Dimitrov Varna Shipyard), one of Bulgaria’s biggest industrial enterprises. Built with the help of the USSR on the basis of old repair shops and small shipyards after the establishment of the people’s democratic regime. Among the vessels built at the shipyard are trade and passenger sea and river ships, tug-boats, launchers and floating workshops, cranes, and fish-processing plants; there is also lot production of ships with displacements of 3,200 (Varna class) and 5,000 tons (Sofia class) and 4,000-ton tankers. The Varna Shipyard satisfies the needs of Bulgaria and exports ships to other countries.

V. I. KARTSEV [4 -918-1]

References in periodicals archive ?
The ship was built with European funds at Varna Shipyard.
Under the deal, the BCC agreed to buy the debt owed by the Varna shipyard to Expressbank for around Euro 20.5 million (USD22 million), although the buy-back price is much lower than the face value of the debt, he said.