Technological development of Wato BG OOD

Wato BG Ltd is an innovative engineering and manufacturing company, specialized in the production of metal valves, fittings, pumps and accessories for the water sector. When it was established in 2011 the company introduced a wide range of products, mainly counting on outsourced production facilities, subcontractors and suppliers. By 2012 the total investment in the corporate plant in Kazanlak exceeded EUR 3 million. In the past three years, the company invested heavily in its engineering and Ramp;D activities, thus achieving a significant improvement of the design and structure of its products This greatly sped up the penetration of external markets in the EU, Russia, the Middle East and Africa. Today, Wato BG exports products to 12 countries with a growth of over 35% y/y. This rapid market development necessitates the provision of greater production capacity and delivery of orders within shorter deadlines at a guaranteed quality. This can only be achieved by introducing more production processes within the factory. This is why since 2014 the company has implemented an investment program to reduce its dependency on subcontractors, to shorten the turnaround time for production of higher volumes with better quality. In May 2015 Wato opened a unique facility for Epoxy Powder Coating in a fluidized bed– enabling the company to significantly enhance its flexibility, customer responsiveness and quality control capabilities. The proposed project is a natural part of the company’s investment policy – it will introduce new production facilities for machine processing and for vulcanization of rubber parts. New assets will be purchased to enable the company to optimize its production chain [improving both processes, technology and resource efficiency] and to also improve its existing products. The project is an integral part of our strategy to become one of the largest and the most competitive producers in South Eastern Europe of specialized metal parts for the water sector.

Comments