History, mission and organisational structure of the holding.
TEREM-HOLDING EAD is the successor of the Military Repair Bases and Plants Directorate of the Ministry of Defence, established in 1965. Over six decades the organisation has been evolving from a centralised military repair directorate into a modern industrial holding.
The company is 100% state-owned, with the Ministry of Defence of the Republic of Bulgaria as its principal. It unites five specialised enterprises located in Sofia, Veliko Tarnovo, Targovishte, Kostenets and Varna — covering the full spectrum of defence equipment repair, production and modernisation.
TEREM-HOLDING EAD provides high-quality repair, modernisation and logistics support for defence equipment and armaments, offering both civilian and specialised production across its three core domains through its five subsidiaries. In recent years the company has been actively pursuing an innovation policy focused on adopting and developing defence innovations, with a particular focus on unmanned aerial systems.
→ Full details on governance bodies and financial reports are available in the Transparency section.
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