History

1987
• Our company was established way back in 1987. In the times when the Elprom plant in Varna, part of the "Perla" Business Association, was a leading manufacturer of electrical household appliances in Bulgaria, with 30 years of tradition. The technological capabilities at that time allowed the production of only water heaters with a galvanized water tank.
• Since June, the "Capital Construction, Reconstruction and Modernization" department at the "Elprom" Varna plant has been separated into the "Perlainvest" enterprise. The subject of activity of the new structure is the design, construction and major repair of construction sites in the structure of the Economic Association. The director of the company is Tsvetan Velkovski. The departments "Financial-Accounting", "Manpower", "Supply", "Design", "Production-Technical", "Personnel" and a construction team were created. The team numbers only 37 people.

1989
• The first years in the history of ELDOMINVEST were associated with many difficulties and challenges. When the changes of 1989-1990 took place, construction throughout the country was at a standstill. For " Perlainvest", two options are outlined: either to close the enterprise or to start fundamentally new production.
• In order to keep the available staff until the start of production of electric water heaters and to pay off the bank loan taken out, the company's employees are engaged in various activities, including the production of the then popular skateboard on the Bulgarian market. For the period 1989-1991 over 25,000 skateboards were produced.
1990
• The management of the young company makes a decision with a bank loan to purchase an enameling line from the Dutch company "Ferro" and a welding line from the company "Kloos" - Austria. The goal is to start serial production of the country's first water heaters with an enameled water tank. The best specialists, who are among the founders,
have been recruited from the team of "Elprom", the largest former manufacturer of water heaters in Bulgaria .
• Plant 1 was built .

1991
• "Helioterm" water heaters begins , designed for an innovative installation for solar collectors according to the project of Associate Professor Mirchev from the Technical University c city of Varna. At this stage, only galvanized water heaters are manufactured.

1992
• During 2 years of hard work on installation, synchronization and experiments under the leadership of chief engineer Dimitar Golodov, the first enameled water heater came off the production line. The specialists from "Ferro", invited for the launch of the line, cannot believe that Bulgarian specialists can do all this by themselves.
• The first Bulgarian enamel water heater manufactured by ELDOMINVEST was presented at the Spring Plovdiv Fair.
• Since October 1992, a technological base and organization have been created for the country's first serial production of electric household water heaters with a volume of 50, 80 and 120 liters with an enameled water container and anodic protection. First, the most popular 80-liter water heater was developed, lower and with a larger diameter than the traditional one.
• plant was opened and "Welding and Enamel" and "Mechanical Assembly" workshops.
• The staff now numbers 103 people.
• However, the production capacity is still only 400 units per month.

1993
• liter water heaters manufactured by ELDOMINVEST leads to the first "Gold Medal" for the company at the autumn Plovdiv fair.
1994
• From the beginning of 1994, the production and sale of two new products began - a semi -automatic washing machine and an electric household centrifuge for laundry.
• On 22.12.1994, the production of the 100,000th water heater was celebrated.

1995
• The name of ELDOMINVEST is already known throughout the Bulgarian market with the 11 modifications of water heaters produced. In addition to the family of water heaters with a volume of 10, 30, 80, 120 liters, the first fast-heating water heaters with free flow "Geyser" are produced.
• Demand outstrips supply. Since 4 o'clock in the morning, people have been lining up to buy water heaters from ELDOMINVEST.
• A spike in the sales of water heaters causes the "water crisis" in the capital Sofia.
• A lean service structure has been built. Installation , warranty and post-warranty service is carried out by 58 service stations throughout the country. Thus, customers are maximally facilitated.
• On 17.04.1995, the management team, 85 workers and employees established a joint-stock company ELDOMINVEST-1 AD, the capital for registration of a joint-stock company is 1,347 shares - BGN 1,347,000. This is one of the few good examples of successful worker-manager privatization in Bulgaria.
1996
• The ownership of the company becomes completely private with the payment of the state's share. Within one month, the state's share was paid 100%.
• On 19.04.1996, a celebration was held to celebrate the 200,000 produced water heater.
• Production of the first Bulgarian 10-liter enameled water heater with a plastic casing has started.
• The first export of water heaters was realized - to Poland and Moldova.
1997
• In 1997, 150 and 200 l water heaters were developed and put into production, and later they were combined with the coil.
• Monthly productivity in five years has already grown more than 10 times - 4200 products. The assembly lines have been rebuilt for the production of mass water heaters 80 l with different diameters. The share of these models is 67% of the entire production volume of ELDOMINVEST.
• In 1997, the staff numbered 197 people.

1998
• Since the beginning of 1998, the company has started implementing a Quality Assurance System. On May 19, 1998, ELDOMINVEST received a certificate according to the international standard ISO9002:1994. ELDOMINVEST is the first Bulgarian enterprise, manufacturer of white goods, to have this certificate.
• The production of the first instantaneous water heaters and water heaters with a volume of 150 and 200 liters begins.
• Diploma and gold medal for Family Electric Domestic Water Heaters - Spring International Plovdiv Fair `1998.

1999
• In 1999, the investment program under the contract with the state for the privatization of the company was successfully completed.
• Expanding the warehouse and building an administrative building and workers' canteen. The new commercial and administrative center of ELDOMINVEST was inaugurated on 29.10.1999 with a ceremonial groundbreaking ceremony .

2000
• Large-capacity water heaters with a volume of 300, 400 and 500 liters are being developed and put into production.
• ELDOMINVEST is the only Bulgarian company participating in an international business forum in the Middle East.
2001
• Since March 2001, the company's work has been completely restructured, new structural units have been created. The activities are divided into three directions: production-technical and development, financial-economic and commercial activity, marketing and advertising.
• Export sales are now in six European countries.
• From the production lines of ELDOMINVEST, the first water heaters for marine vessels come out.

2002
• A long-term investment program was launched to increase production capacity to meet growing market needs. The main emphasis is placed on technological modernization .
• offered on the market : "Monolith", "Quadra" and "Kvaser".
• In December 2002 After a re-registration audit by the world's largest organization for control and certification services SGS-Bulgaria EOOD, the quality management system of ELDOMINVEST was certified according to ISO 9001:2000.
• In 2002, the staff of ELDOMINVEST numbered 263 people.
• In 2002, over 8,000 products with over 50 modifications were produced in one month.
• From 2002 until today, ELDOMINVEST is in the Top 10 of Varna companies.

2003
• ELDOMINVEST produced the first mini-cookers. Among them are the first Bulgarian stoves with a glass-ceramic top and the first Bulgarian stoves with energy class A. Electric model mini cooker with glass ceramic top wins Diploma and Gold from Autumn International Technical Fair - Plovdiv`2003.
• ELDOMINVEST debuted at an international exhibition abroad with a company stand of ISH in Germany. Since then, the company has been a traditional participant in the most prestigious forums in the industry.

2004
• The first 1000 liter water heater was produced.
• ELDOMINVEST was awarded a Diploma for innovation policy, for conquering new market niches, for successful competitiveness, issued by the Bulgarian Chamber of Commerce and a Certificate of Honor for innovative enterprise of the year from the Ministry of Economy, the "Applied Research and Communications" Foundation and the World Bank.
• A substantial expansion has been implemented in Plant 2 through the construction of a new workshop. The effective production area increases by nearly 2 acres.

2005
• A second workshop was built in Plant 1 of ELDOMINVEST , with a built-up area of 2,000 sq.m. The company acquires a new warehouse base, the current Plant 3 .
• The first Bulgarian built-in cooktops produced by ELDOMINVEST also appear on the market.
• ELDOMINVEST produced the first Bulgarian water heaters with electronic control.
• Export to USA begins.
2006
• t water heater of ELDOMINVEST was produced .
• For the period 2002 to 2006 investments in the amount of over BGN 10,000,000 were made.
• ELDOMINVEST's export market in 2006 covered ten European countries.
• During the year, 240,000 devices were produced for the local and export markets .
• The new testing laboratory of ELDOMINVEST was opened. It has modern equipment in accordance with European requirements and standards.
• The production of water heaters with corrugated stainless steel coils begins - with them, heat exchange increases by 15%.

2007
• New production and storage premises were built with a total area of 4,000 sq.m.
• Plant 2 continues : new presses, welding robots, stain-unit, enamel furnaces, new paint shop.
• A water reservoir blasting line, a powder enameling line and an enamel furnace at Plant 1 have been put into operation.
• From August, a new highly productive welding line, including robots and automatic machines of the latest generation, began regular production at Plant 1.
• A modern conveyor for powder enameling of the family of electric water heaters with a volume of 30 to 120 liters is put into operation. It is fully automated and covers all processes: blasting of the water containers, powder enamelling and firing of the enameled water containers.
• New series of ELDOMINVEST products appear on the market: flow-through water heaters ELDOM Beta, new models of standing water heaters with a volume of 150 to 1000 liters and water heaters with electronic control.
2008
• New CNC machines have been commissioned in the cutting department.
• ELDOMINVEST's vehicle fleet has been significantly expanded. The company's trucks already deliver products to any part of the country and Europe.
• New CNC machines have been commissioned in the cutting department.
• Production of a new series of glass-ceramic built-in cooktops begins. They are certified with the product quality mark of "Inter Testing Services" ETL for compliance of glass-ceramic countertops for installation with the high requirements of the American UL858 and the Canadian CAN/CSA-C22.2 standards. Also in 2008 SEMKO enables the marking of glass-ceramic built-in countertops produced in ELDOMINVEST with the CE mark for compliance with the requirements of the LVD and EMC directives of the EU and the Council of Europe.

2009
• Despite the economic crisis , the implementation of the long-term investment program of ELDOMINVEST continues. At the beginning of the year, a modern high-performance clock conveyor was put into operation for the installation of water heaters from the family of electric water heaters with a volume of 30 to 120 liters.
• The construction of a new workshop for tubular heaters is completed. The installation of the assembly lines, including machines, robots and automatic machines of the latest generation, is completed at the end of the summer.
• In October, the new Plant 3 was opened and the mass production of electric tubular heaters of different power, shape and length started. The technological lines are of the latest generation.

2010
under a new product line - E LDOM Green Line. The best installation companies in Bulgaria were presented with the novelties in the product range, including the first flat and vacuum tube solar collectors ELDOM.
• The first ELDOM Green Line flat and vacuum tube solar collectors appear on the market.
• ELDOMINVEST's quality management system has been recertified in accordance with the international standard ISO 9001:2008.
2011
• ELDOMINVEST presents to the market new groups of products: thermosiphon systems, buffer vessels, water heaters with a volume of 5, 10 and 15 liters .
2012
• The first ELDOM wall convectors appear on the market. These are also the first Bulgarian convectors with electronic control. In terms of technical parameters, ELDOM convectors are in no way inferior to the best world analogues.
• At the international exhibition in Milan in 2012, ELDOMINVEST presented the best Bulgarian heat pump water heaters . The first water heaters of their kind can seamlessly replace conventional electric water heaters, providing more than three times less electricity consumption.

2013
• In the spring, ELDOMINVEST promoted its new family of instantaneous water heaters ELDOM. The family includes models for installation over a sink with different capacities and mixer taps.

2014
• As a continuation of the innovation program aimed at the utilization of alternative sources of energy, ELDOMINVEST also offers heat pump systems with a large capacity to the market. They work in both "heating" and "cooling" mode.
• ELDOMINVEST is undertaking a donation campaign to help our compatriots from the Western outskirts of the Republic of Serbia. With the donation, the office equipment and the library of the Bulgarian Cultural and Information Center in Bosilegrad were renewed.
2015
• In June, ELDOMINVEST opened a modern line for the production of energy-saving water heaters with a capacity of 30 to 2000 liters. With the investment worth BGN 5.5 million. the company significantly increases the production capabilities of appliances using renewable energy sources.

2016
• On February 10, the Investment Agency awarded ELDOMINVEST in the "Investment in Innovative Business" category . The prize was presented by the Deputy Prime Minister and the Minister of Education and Science Meglena Kuneva .
• Thanks to the modernization and the construction of new production areas, the annual production capacity of ELDOMINVEST reaches 500,000 products. The company is one of the few European manufacturers of enamel water heaters with a volume of 2000 liters.
• ELDOMINVEST becomes the fourth holder of Green Energy Certificate in Bulgaria. The document guarantees that 100% of the electricity supplied to the company is produced from renewable sources.
2017
• In 2017, Eldominvest turned 30 years old. On the occasion of the anniversary, a modern line for the production of energy-saving electric water heaters with a volume of 30 to 120 liters was put into operation at Plant No. 1. The new models of water heaters, in addition to their impressive appearance, comply with the strictest energy and environmental European standards. Together with the accompanying technological equipment, the value of the investment exceeded BGN 2.7 million.
• Within this important year for the company, the design of standing water heaters with ELDOM heat exchangers with a capacity of 120 to 2000 liters was completely renewed.
• At the end of summer, the new ELDOM wall convectors appear on the market, with constructive innovations, allowing optimal convection and comfort with minimal energy consumption.

2018
• As an innovative and high-tech company, ELDOMINVEST launched the application of the "Internet of things" concept in ELDOM products. After two years of tests in a laboratory environment, the first ELDOM appliances, which can be controlled entirely via the Internet, have been put into series production. These are wall convectors, electric water heaters and combined water heaters with one and two heat exchangers. The free myELDOM app is adapted to work seamlessly with all operating systems and mobile devices.

2019
• In April, in Plant 1 of ELDOMINVEST, an innovative GAPS (Flexible Automated Production System) for the production of body parts was put into operation. The project is co-financed under the operational program "Innovations and Competitiveness" BG16RFOP002-1.001 and is worth BGN 2.75 million .
• In the vicinity of Varna, ELDOMINVEST opened a modern logistics base in which the goods flows for Bulgaria and dozens of export markets are accumulated and distributed. The investment amounts to BGN 5.5 million .
• The first ELDOM Galant water heaters with a flat design and two water containers come off the production lines of ELDOMINVEST . They have a unique Powerful mode, electronic smart control and WI-FI control of all functions.

2020
• The COVID-19 pandemic is leading to a sharp rise in demand for electrical appliances, including electric water heaters and appliances with WI-FI control. The company responded adequately to the increased demand and achieved record sales.
• In line with the trends for using alternative energy sources, ELDOMINVEST introduces to the market new models of combined water heaters, specially designed for heat pump and solar systems. The water heaters have concentric coils of a large area, with collector connections for the inlet and outlet.
• A pleasant surprise for the heating season is the new series of stylish and innovative ELDOM Galant convectors . With a variety of models with internet control, for wall and floor mounting.

2021
• A new highly productive welding line begins mass production at Plant #1. With it, the production capacity of electric water heaters increased by 30%.
• Experts from the R&D department of Eldominvest are starting work on an ambitious research and development project "Innovative system for direct heating of water reservoirs by photovoltaics". The project is co-financed by the National Innovation Fund.

2022
• During the anniversary year for ELDOMINVEST 2022, in which the company celebrated its 35th anniversary, the implementation of an ambitious investment program worth BGN 8.2 million was completed. It includes the implementation of robotic and highly automated lines in all three factories in Varna, which increased the production capacity of energy-saving appliances and water heaters and buffer vessels using renewable energy sources.
• As a responsible company, on the occasion of its 35th anniversary, ELDOMINVEST organizes a national eco-initiative "You buy an ELDOM device - together we plant a tree!" . As a result of the afforestation actions, 28,100 saplings were planted in different regions of the country on a total area of 59 decares. With the joint efforts of volunteers, partners and employees of ELDOMINVEST, there are now eight new ELDOM forests on the map of Bulgaria.

2023
• At its attractive company stand at the ISH exhibition in Frankfurt, ELDOMINVEST presents the first Bulgarian photovoltaic water heaters. The innovative project, prepared together with scientists from the University of Ummf, Germany, attracts the attention of experts with the possibility of cheaply accumulating free energy from the sun. Because, thanks to their unique electronic control, these models connect directly to photovoltaic panels.

2024
• As an innovative manufacturer, ELDOMINVEST introduces the first Bulgarian hybrid water heater into serial production. It allows users the freedom to use both free solar power and conventional grid power as needed.
• With the support of the Financial Mechanism of the European Economic Area, a project has been finalized to improve energy-saving measures and save energy in production processes. The project includes the installation of an energy-efficient furnace for firing an enamel coating and a heat exchanger for the additional use of residual heat energy. As a result, energy consumption in production processes and generated carbon emissions are reduced.
• In order to provide reliable warranty and post-warranty service, ELDOMINVEST maintains a network of 98 service centers in the country. Today, the company exports its products to more than 30 countries on 4 continents.
• Today, over 600 highly qualified specialists work in the three factories of ELDOMINVEST.