The Technical University of Varna (Bulgarian: Технически университет - Варна, often abbreviated as ТУ - Варна, TU - Varna) is a state university in Varna, Bulgaria, founded in 1962. The Technical University of Varna was established in 1962 by the Council of Ministers of Bulgaria and the Decree of the National Assembly in order to ensure the training of engineering staff in the field of shipbuilding, transportation, mechanical engineering, electrical energetics and communication techniques necessary for developing industrial complexes in northeastern Bulgaria in the field of chemistry, shipbuilding and ship repairing, engine building, transportation, electric energetics, electronics and communications. Initially, the University is established as the Faculty of Mechanical and Electrical Institute (MEI - Varna) of three faculties: Machinery, Electrical and Shipbuilding.