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The European Bank for Reconstruction and Development (EBRD) and the Enterprise Expansion Fund (ENEF) announced they were supporting the modernization of TEM Mandeks – a Bosnian manufacturer of electrical installation accessories with 2 million euro loan

"So far, we have invested 20 million euro in our newly opened plant in Trakia Economic Zone (TEZ) near Plovdiv. The facility is located on 23 000 sq. m. By 2023, we aim to double our investment, to increase our sales to 60 million euro and to triple our staff", said

Lighting components and systems production is a traditional industrial sector in Bulgaria which dates back to the 1940s. Today Bulgarian manufacturers of lighting products and systems successfully keep up with European and global market trends offering technologically advanced and high-quality products.

The biggest trade show for the metalworking industry EMO 2019 will present the latest trends in smart engineering and production technology from 16 to 21 September in Hannover. The main theme of this year`s edition of the exhibition is "Smart technologies driving tomorrow`s production!"

 With some investments in the years thereafter, the country began manufacturing decorative lighting fixtures at the beginning of the 70s. The volume of investments in industry continued to increase, so the sector further expanded at the beginning of the 90s leading the industry into present day.

The company was founded in 2004 with the objectives of producing emergency lighting and direction lighting signs.