Responsibility and integrity

VAPTECH is private limited liability company registered in Bulgaria with head office in Sofia, Bulgaria, 17,Tsarigradsko Shosse Blvd.

VAPTECH’ production facility is located in Pleven, Bulgaria 6 Grivishko Shosse Blvd.

VAPTECH' competences cover Hydropower, Metal Forming and Environmental technologies’ sectors.

The Executive Board of Management of VAPTECH consist of managers, responsible for the strategic orientation of VAPTECH, among which are:

Lybomir Netsov – General Manager, Services
Lubomir Netsov began his career at VAPTECH in 1998 as designer at VAPTECH' Hydro department. He spend 11 years as Head of Design department where he was responsible for coordination of work on various projects, preparation and reporting of work schedules, confirmation of documentation, among others. Today he is General Manager, Services at VAPTECH.

Vladimir Peev, General Manager, Business Divisions
Vladimir Peev is a Graduate in Hydraulic and pneumatic systems. In VAPTECH he starts his career in 2007 as project manager and designer of hydraulic and mechanical presses. In 2014 Vladimir Peev was appointed Head of Design, Automation and After Sales Services departments at VAPTECH. Today Vladimir Peev is General Manager, Metal Forming at VAPTECH.

Veselin Ivanov, General Manager, Production

Veselin Ivanov began his career at VAPTECH in 1996 as part of the production lathe team in the company, After spending couple of years in the production, in 2003 Veselin Ivanov has been appointed Head of workshop. Today Veselin Ivanov is General Manager, Production at VAPTECH.

Svetlozar Ivanov, General Manager, Corporation Finance and Assets Management
Svetlozar Ivanov is a Graduate in Economics and Labor Organization. After working as Financial Manager between 2009 - 2010, in 2011 he was appointed General Manager for Corporate Finance and Assets Management at VAPTECH.

The Supervisory Board of the organization is elected by the General assembly of the company' shareholders and consists of 5 members.

Sole owner of VAPTEH Ltd’ capital is VAPTEH AM JSC.

VAPTEH AM JSC’ Supervisory Board of the organization is elected by the General assembly of the company' shareholders and consists of 5 members.

Strategy of VAPTECH:

• To maintain a safe and healthy workplace for its employees
• To increase the market shares of its businesses in North, Central and South America and Southeast Asia
• To maintain its leadership position in established markets
• To provide constant customer care throughout the life cycle of the product
• To continue with the optimization of its products and processes
• To invest and develop its human capital


T: 0035929841600
F: 0035929841601