History

History

Engineer Rudolf Pitzka

Foundation

On August 18th, 1912 in Sofia “The Bulgarian-Czech Shareholding Company For Sugar Industry” was established.

The company’s founder was Eng. Rudolf Pitzka and the principal shareholder was The Prague Credit Bank.

Construction begins

The Beginning

That same year, a 550 decare plot was purchased near Gorna Oriahovitsa.

A rapid construction began. The development and manufacture of the equipment was assigned to the best Czech companies.

Railway wagons carrying equipment

The Wars

The outbreak of the Balkan War created significant difficulties.

The construction workers were mobilised.

Dozens of railway wagons carrying equipment delivered from the Czech lands were left stranded at railway stations in Bulgaria and Serbia.

Destroyed buildings of the Gorna Oryahovitsa Sugar Factory

The Challenge

On 14 June 1913, the strongest earthquake in the history of Gorna Oryahovitsa struck. Some of the factory buildings were destroyed and the equipment was buried under the rubble.

The company management mobilised its efforts. Through round-the-clock work, the factory was rebuilt.

Gorna Oryahovitsa Sugar Factory

Success

On 8 December 1913, the Sugar Factory in Gorna Oryahovitsa began its first production campaign.

It was the most modern sugar production facility in Bulgaria.
Its equipment and technology were of world-class standard.

Ethyl alcohol production factory

Expansion

To make use of molasses, a by-product of sugar beet processing, a factory for the production of ethyl alcohol was built in 1923.

In 1926, a carbon dioxide production unit was added to the factory.

New production facilities

New Opportunities

In 1927, a nearby confectionery factory was acquired.

New factories were built for the production of ceramic products, heating appliances, glucose, potassium carbonate and dry animal feed.

The company is nationalised

Nationalisation

In 1948, the company was nationalised. The enterprise was renamed “State Sugar Factories”.

The Czech side was compensated with holidays on the Bulgarian Black Sea coast at the Sts. Constantine and Helena resort, which was developed for this purpose.

The main production facilities are reconstructed

Enthusiasm

Darzhavnoto upravlenie idva s entusiazam i zhelanie za promeni. The main production facilities are reconstructed. Chast ot sashtestvuvashtite predpriyatiya sa zakriti.

Construction beginsto na novi zavodi.

Construction of the company's own CHP plant

In-house Energy Production

On 1 January 1960, construction began on the company's own combined heat and power plant. The project was carried out with the full resources of the socialist state.

Working in three shifts were 2,000 construction workers, 7 excavators, 3 cranes and 35 dump trucks. On 20 October 1960, the CHP plant was completed and began operation.

A repair and mechanical engineering plant is built within the company

Mechanical Engineering

In 1969, a repair and mechanical engineering plant was built within the company.

The facility was established to serve the needs of all sugar factories and confectionery plants in Bulgaria, which at the time were part of the “Bulgarian Sugar” economic association.

Printing facility in Bulgaria

Packaging and Printing

In 1970, one of the largest printing facilities in Bulgaria was built.

The facility was officially opened by Todor Zhivkov.

Working Environment

Working Environment

Usporedno s izgrazhdaneto na novi proizvodstva, darzhavata investira v podobryavane na okolnata sreda.

Sashtestvuvashtiyat ot 1914 g. v kompaniyata park e oblagoroden.
V parka sa postroeni futbolen stadion, sportni ploshtadki i pluven baseyn.

The company is privatised

Privatisation

In 2002, the company was fully privatised with entirely Bulgarian capital.

The company is publicly listed and has more than 1,600 shareholders.
Its shares are traded on the Bulgarian Stock Exchange in Sofia.

Modernisation of the company

A New Beginning

More than BGN 94 million was invested in the company.

The main production facilities were modernised and international quality standards were introduced.

Restructuring 2025

Restructuring

In 2025, the company's business was restructured.

All activities in the Sugar, Ethanol, Energy – CHP and Repair and Mechanical Services divisions came under the control of one of the company's principal shareholders. Confectionery production was separated into a new company. As a result, two independent companies were formed, each with its own management and strategic direction.

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