Ivan Garchev

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May 13, 2018

In a special video, the Patent Office of Republic of Bulgaria showed the main reasons, due to which they gave their biggest award, “Innovative Company”, for 2017 to the company Opticoelectron, located near the town of Panagyurishte.

“97% of the production is exported to the countries of the European Union, the Near East and North America. Based on contemporary technologies for competition and manufacturing, the company has a closed cycle – from design and elaboration of prototypes till commercial production of parts, units and systems,” the video underlines.

“Lots of things changed within the last 15 years. Company sales grew, work increased, we stepped on new markets and redirected the company, and from a Warsaw company we turned it into a global one. I am proud that during the last years we established a very strong team and hope that results will be even better during the coming years,” is the video comment of Eng. Ivan Garchev, CEO of Opticoelectron.

Opticoelectron Group JSCo is the second largest company in the town of Panagyurishte and the second largest employer in the town. About 700 employees work at the territory of the industrial park, of which 150 are highly qualified engineers and PhDs. The products with the brand of “Opticoelectron” are traded all over the world and have been a synonym for quality in the field of optical manufacturing for more than 46 years.