Mr. Rosen Stankov, Manager of TERAZID EOOD: The annual awards of TERAZID EOOD is an act of recognition and respect to our business partners and clients

The Government should support the Bulgarian manufacturers who put more people to work and pay taxes to the Bulgarian treasury.

“Mr. Stankov, at the end of the week for a second successive year TERAZID EOOD will award prizes to its business partners. How did this idea come up to you and is it possible to say that it is going to develop into a traditional event from now on?”

“Yes, we definitely intend to turn Terazid EOOD’s annual awards into a tradition. We tried to find a way to prove our recognition and respect as regards to our business partners, construction and trading companies, we work with an extreme correctness. As last year, the awards will be presented in two categories: Builder 2006 and Tradesman 2006. This year we are planning to award a special prize – for contribution to building renovation – cultural monuments, under BEAUTIFUL BULGARIA Project. I believe that this is a good way to draw people’s attention to valuable architectural and historic monuments we have.”

“This year TERAZID EOOD is going to celebrate its 10th anniversary. How do you assess the achieved during these years?”

“We’ve passed a long way with our team and I believe that we achieved a lot during all these years. We have enlarged our product range and at the same time we have been improving material quality.
I can not skip the fact that the company’s polymer and silicone paints and plasters are preferable material for facade renovation under BEAUTIFUL BULGARIA Project. Among the renovated buildings with materials produced by Terazid EOOD are: Sveti Kliment Ohridski Sofia University, Sofia Theological Seminary Sveti Ivan Rilski (St. John of Rila), the Multi-Field Hospital in Vratza, the Historical Museum in the town of Pomorie and many others.
The ever-increasing building materials demand of TERAZID EOOD’s brand forced company’s expansion of operations and in 2005 the company moved its production at a new administrative – manufacturing base. The new dry mixtures output capacity is about 60 000 tons per year, paste-like plasters and paint – 10 000 per year. Next year a new installation for drying, grinding and separation of inert materials, which are an inseparable part of dry mixtures production, will be put into operation. Installation output capacity is about 60 000 tons per year.
Company’s awards received during all these years are not quite a few but for us the highest product quality evaluation of TERAZID brand is our clients’ positive attitude and their persistency when selecting building materials of high quality.”

“How does it affect on sale of materials of TERAZID brand?”

“I have already mentioned that in recent years a constant increase of product demand of TERAZID’s brand has been observed. Last year we reported 65% growth of the sales compared to 2004. I expect this year a serious sales increase in comparison with the preceding one. I believe that the ascending trend over the last years is easy to explain both with the intensive construction in Bulgaria and considerable investments in the field and the company’s produce of high quality and competitive prices. TERAZID’s position on the building material market is indicative by the company’s stronger presence not only in Sofia, Varna and Burgas – regions with traditionally high construction investments, but also in Stara Zagora and Pleven.
The approved image and proven quality of TERAZID’s brand products have turned us into a welcome partner and the company has established contacts with more than 300 building and trading companies throughout the country.
The company’s expansion offers new challenges, too – TERAZID has worked out for its clients from the entire country a convenient and practical web site where one can find a simulator for facade colours harmonization and a calculator by means of which one can easy and correctly plan insulation costs.”

“Do you feel ready to meet the challenges of the common European market after January 1, 2007?”

“TERAZID has proved to be a high quality building material manufacturer. The highly skilled experts in the field of development activity and modern technologies implemented in the production guarantee that TERAZID brand products will keep their good positions and will be highly competitive both on Bulgarian and the common European markets.
TERAZID EOOD possesses a certificate of quality ISO 9000:2001 whose validity was extended till 2008. At the beginning of the year the company passed a certification procedure of an integrated facade heat insulating system in conformity with the Bulgarian State Standard, fully accomplishable with the company’s products. Our participation in a number of international fairs and our contacts with experts from the field in Europe unambiguously point that TERAZID is a competitive manufacturer on the European market of paints, glues, plasters and heat insulations. Success guarantees are also our constant efforts for improvement of the products quality, on the one hand, and, on the other hand, investments in human potential and labour conditions improvement.”

“This year for a second time TERAZID EOOD insulated completely free of charge the building of a kindergarten. Do you consider going on with this noble initiative?”

“Yes, we intend not only to carry on with this initiative, but also to develop it. It is apparent that the state still fails to allocate enough funds for children’s establishment insulation, while some of them are in a very poor condition. I reckon that each socially responsible company should think how to be in favour to the community. We are a Bulgarian manufacturer and our employees are mostly young people due to which we think that by its activity may help the smallest children to attend warm and cosy kindergartens, while at the same time heating costs shall be cut down considerably.In 2004 we insulated one of the Day Nursery Kindergarten No. 16 subsidiaries in the capital, attended by 160 children. The effect proved to be more than satisfactory – the expenses for heating decreased by over 30%. That’s why we decided that this practice should turn into a tradition and every year shall donate for the insulation of one children’s establishment

“There are many kindergartens which need a complete renovation and despite the noble undertaking which you have launched you cannot help everyone…”

“Unfortunately it is true. We manufacture building materials for finishing works, as well as all necessary materials for high-quality heat insulation. This is the thing we can help with. When a maximum effect is aimed joinery should also be replaced, sometimes the building heating installation, too.
That’s why I appealed to other companies and building contractors to support our initiative and to jointly do so that children have a happier childhood. The mayors who manage kindergartens can also help a lot, because there are various opportunities for financing under energy efficiency programmes and projects.”

“You have mentioned about the energy efficiency programmes. What are TERAZID activities in this field?”

“Since 2004 TERAZID has an agreement with Raiffaisenbank for granting credits to citizens for purchase and fitting of a heat insulating system of TERAZID’s brand on the Energy Efficiency Programme and Renewable Energy Sources of the European Bank for Reconstruction and Development and Energy Efficiency Agency.
During the summer, Raiffaisenbank received another 55 million EUR on the Energy Efficiency Programme, as the financing is accompanied by 20 million EUR free aid from the Decommissioning Fund of Kozloduy NPP. But housing associations in buildings, public administrations and enterprises can apply for low interest rate loans for insulation of buildings before the Energy Efficiency Fund. We are open to offers related to partnership; the rest is a matter of local authorities and communities initiation.”

“Mr. Stankov, you are the Chairman of the Dry Building Mixtures Manufacturers’ Associations. What is your assessment regarding Bulgarian market for building and heat insulating materials?”

“Our market is rich in various brands and products of Bulgarian and foreign companies. There is a wide diversity of pricing which, however, inevitably relates to the quality of materials offered. There is a great deal of Bulgarian manufacturers whose production is in every way competitive to the products of their foreign rivals. Evidence of that are the ISO and BSS certificates as well as the numerous awards and honours from international exhibitions and fairs. Along with this advantage, in some respects, for the Bulgarian manufacturers there is opportunity for modification of a certain product in compliance with client’s needs in short terms.

Currently, the great building materials demand ensures presence of various in size Bulgarian manufacturers on the market. With the future competitive pressure increase it is, however, not excluded that some of the companies will be put in the corner because they haven’t got the support of big corporate groups. Therefore the government should look for forms of support of Bulgarian manufacturers who ensure employment and pay taxes to the Bulgarian treasury.

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