Kintex (Bulgaria)

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Kintex is a Bulgarian state-owned company, founded in Sofia, Bulgaria, in 1966.

Until 1992 essentially an arm of the Bulgarian Communist Party's secret service, the Committee for State Security, Kintex was an import-export corporation, which controlled the sale of everything from cigarettes to heavy weapons. Kintex was responsible for selling weapons to smugglers and terrorists, with both right wing and left wing political sympathies, in Turkey, in the 1970s.[1]

The first large export of weapons from Bulgaria was to Algeria in 1961–1962. Kintex maintained three bases in Sofia to load smuggled goods. These shipments were conveyed by sea to Turkey, travelling through the ports of Varna and Burgas. They were shipped aboard Bulgarian or foreign ships. Kintex realised an annual revenue from smuggling goods of between $5 million and $15 million. In the first years money was transported in suitcases. Following 1985 payments were made via transborder companies which were established by Bulgarian state security and the foreign trade ministry, usually in offshore zones. These entities were shielded by local citizens who were agents of the secret police.[2]

Post-communist era

References

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