Euromarket Group Opens Regional Center in Pleven

Euromarket Group is opening a regional center for Central and North Bulgaria tomorrow, the company told

The center is situated in Pleven and comprises an administrative part, a showroom, a warehouse for spare parts, a workshop and a demo park. The facility will be officially opened by the mayor of the city Mr. Nayden Zelenogorsky.

The center is part of Euromarket Group's 2008 investment strategy, which also includes expansion of regional representations and service centers, as well as opening new job positions and personnel training.

“We expect to see an increased demand for our power tools in 2008,” said general manager Dimitar Ilchev.

“We rely on the establishment of a well-developed network of regional centers and good relations with all construction companies in the region of Pleven. Industrial enterprises are also important for us,” he added.

In the region of Pleven Euromarket Group delivers industrial and construction tools to the Palfinger plant in Cherven Briag, the Metechno isolation panels plant in Pleven, Moni MSD in Pleven (which manufactures clothes for Gianifranko Ferre, Kelvin Kline etc), Premier Pleven etc.

Other clients include Pleven Engineering and the regional unit of Holding Roads – Road Engineering, Raykomerce's Pleven-based unit, the local Engstroy Engineering etc.

The regional center features all 10 business fields in which the company works – construction, hand tools, power tools, welding, metal working, compressors, automotive, carry, distribution and specialized tools.

The new complex is the holding's biggest in Central and Northern Bulgaria. Its administrative unit will cover an area of 2,000 square meters and the demo park will take up 2.2 decares.

In the day the opening, the demo park will feature 18 machines - a Hyundai excavator, a Hyndai shover, Ammabb steam roller and others.

New regional centers will also be opened in Plovdiv, Stara Zagora, Russe and Blagoevgrad. Each of them will have a demonstration park – a feature the company introduced in 2002.

Last year Euromarket Group's revenues topped 400 mln leva, 204.5 mln euros (this includes its 4 foreign units – in Ukraine, Serbia, Croatia and Slovenia). The managers are expecting revenues to reach 1 billion leva by 2010.

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