On November 2, 2023 The Executive Director of TEREM - HOLDING Kalin Dimitrov and the Director of the Bulgarian Defence Institute "Prof. Tsvetan Lazarov" colonel Assoc. Ph.D. Borislav Genov have signed a Memorandum of Cooperation. The agreement marks the beginning of fruitful partnership relations for mutual support of the activities of both parties.

The Minister of Defense Dimitar Stoyanov opened the new production line for 122 mm high-explosive round at an official ceremony at TEREM - Tsar Samuil.

On 30 September 2022. TEREM – SHIPYARD Flotki Arsenal - Varna celebrated 125 years since its foundation.