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History


1966 is the birth year of KZU. Founded by the Bulgarian state with welding as core specialty. At the time the company was a part of the largest assembling organization in Bulgaria. During the years, KZU was given production sites and started producing various steel structures for all of the large petro-chemical plants in the country, as well as for international clients, thus completing hundreds of tanks and vessels and kilometers of longitudinal welded pipes.

1991, following the political changes in Bulgaria, the company was transformed to a private state-owned company and for the next six years due to the loss of markets, KZU Plc accumulated a large amount of liabilities to the state, workers, suppliers. The next 10 years were the most difficult for our company.

1997 was the year in which the current managing director Mr. Antony Antonov was appointed by the Minister of Regional Development and Public Works with the goal to revitalize the company, pay-off the liabilities, and privatize it.

2001 saw KZU become a private joint-stock company, part of the Naftex group of companies, owner of the largest petrol storage facilities in Bulgaria. The management of the company was transformed into a two-level board system.

2005 marked the last change in the corporate structure. KZU AD shares were bought by Finex AD, but the managing director and president of the Board of Directors is still Mr. Antony Antonov.
WE ARE THE TRADEMARK KZU
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WE ARE THE TRADEMARK KZU
KZU AD is the Only Exclusive and Universal Assignee of the “KZU” Company and Trade Mark, belonging to the "old" state-founded in 1966 KZU PLC. The current company CEO is Mr. Antony Antonov

 
 
MAJOR PROJECTS
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MAJOR PROJECTS
KZU is invloved in many projects that include study, design, fabrication, delivery, errection/assembly, testing and commissioning.
NEWS
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NEWS
KZU will be present at the world's largest tank storage exhibiiton. Call us or e-mail us for details
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