About us

History

Monek Bulgaria AD (formerly known as Monek-Yug AD) was founded in 1954 in the city of Kardzhali under the name “Zavod Komsomolets” (DMRZ “Komsomolets”).

The history of the plant began with its construction as part of the industrialization of the region aimed at improving economic conditions after World War II. During the years of socialism, the plant established itself as a key player in the engineering sector, producing various types of industrial equipment and mechanical components.

In the 1970s and 1980s, the plant expanded its operations to include new technologies and modern equipment, which contributed to a significant growth in production capacity and product quality.

After the changes in 1989, the plant experienced difficulties, but managed to adapt to the new economic conditions, maintaining its importance and establishing itself as a modern manufacturer of industrial equipment and metal structures.

Monek is the only manufacturer in Bulgaria of equipment for mines and mining-processing plants. We are able to provide complete solutions from design to implementation and installation.

Lyubomir Gradev

Mission

Our mission at Monek Bulgaria AD is to provide high quality engineering solutions and products for the mining, quarrying, flotation, tunnelling and metal construction industries. We strive for continuous improvement and innovation to meet our customers’ needs and exceed their expectations. With a strong focus on quality, sustainability and safety, we are committed to contributing to the development of the industrial sector and improving its standards.

Vision

Our vision is to be a leading industrial manufacturing and engineering company on a global level. We strive to expand our presence in the international market and build long-term partnerships with customers around the world. We are committed to continuing to invest in new technology and training our team to provide innovative and sustainable solutions. We believe that through continuous improvement and customer orientation, we will achieve our goals and contribute to a better future in the industrial sector.

Our values

Quality and
Precision

We seek the highest standards of quality in everything we do. Every product and service we offer goes through rigorous checks and controls to ensure our customers’ satisfaction.

Innovation and
Development

We believe in the power of innovation and continuous improvement. We invest in new technology and training for our employees to provide the most advanced and effective solutions on the market.

Sustainability and Responsibility

With care for the environment and society, we are committed to conducting our business in a sustainable and responsible manner. We adhere to high environmental standards and work to minimize our environmental footprint.

Teamwork and Professionalism

Our success is built on a strong and dedicated team of professionals. We encourage cooperation, respect and continuous professional development of our employees.

Trust and
Integrity

We maintain transparency and integrity in all our relationships – with customers, partners and employees. We believe that trust is the foundation of successful and lasting partnerships.

Customer orientation

Our customers are at the centre of everything we do. We strive to understand their needs and provide tailored solutions that add value and meet their expectations.

Monek Bulgaria AD is proud of its values that guide us in our mission and vision for the future. With these principles, we continue to evolve and contribute to the success of our customers and partners around the world.

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