The first stone in its foundation was laid on 9 June 1936, and on 12 July 1940 an inaugural ceremony to open the state military factory was held. Production commenced with hand grenades, 22 mm HE rounds, 122 mmhowitzer rounds, fuzes, 75 mm rounds and 105 mm projectiles for Krupp gun.[citation needed]
In recent years and nowadays, the company passed through different stages of its development. Various activities and divisions were started. New production facilities were opened. In 1977 the company was registered as VMZ Ltd., in 1999 – as VMZ Co.
Due to the intellectual potential of its engineering staff and high qualification of its executive personnel, a wide assortment of defence and civil items have been manufactured during the years of its existence.
VMZ Co. traditionally takes part in various events in the country and abroad where it exhibits its latest defence and civil items.
In 2016, Balkan Insight reported that VMZ-made weapons and ones from other Balkan countries were supplied to groups of the Syrian opposition by the United States, and that some later ended up in the arms of radical groups such as ISIL and others. The Bulgarian government insisted that it was not responsible for the latter.[3][4][5]
