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TEREM-Shipyard Flotski Arsenal – Varna Ltd. has more than 450 employees and for any specific activities works together with subcontractors.

We carry out:



  • - Complex repair of commercial vessels;
  • - Complex repair of military vessels.



Our Yard has experience in building of small multi- purpose and special vessels - fire-fighting and salvage crafts, tug- and push boats, diver's crafts, torpedo recovery boats, minesweeper and etc.

Conversion and Modernization of Vessels


  • - Vessels conversion for EMSA (Europe Maritime Safety Association) project;
  • - Conversion of river going into sea-going ships, in conformance with shipowners’ demands and requirements of the Classification Societies with aim extension of sailing area.