Plovdiv based company in TOP 3 most dynamic SMEs in Bulgaria

The Plovdiv company Europan, which produces insulation thermal panels and profiles from polyester sheet, ranked 3rd among the most dynamic small and medium-sized enterprises in the country.

EUROPAN AD is a new and ambitious company, created by the long-term partnership between Greek and Bulgarian investors. It’s part of KAMARIDIS GLOBAL WIRE GROUP who passes on their knowledge and experience.

EUROPAN AD started production in 2020, manufacturing panels with core of polyurethane (PUR), fire-safe panels (with rock-wool) and polyurethane panels that can withstand fire (PIR), which are used as insulation components. EUROPAN AD’s headquarters are located in the region of Plovdiv on an area of 60 000 square meters with facilities covering 14000square meters.

Capital’s ranking also reflects the centralization in the development of SMEs in the country, with Plovdiv and Sofia being responsible for over 50% of the so-called “dynamic” companies. The most dynamic sectors are construction and real estate, trade and of course IT, which seems to be the least affected by the economic shocks.

To be included in the ranking, a company must have two consecutive years of revenue growth, meet the definition of a small and medium-sized business with its 2021 revenue, be privately held, and not be financial, healthcare or gambling related.

Source: Capital

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