The Bulgarian Bellwether in Electronics – The Success Story

BusinessSouth-East European INDUSTRIAL Мarket - issue 2/2007

40 Years of Tradition and Innovations Made Carat Electronics the Largest Bulgarian Producer of Electricity Meters.

Carat Electronic AD is a leading Bulgarian IT company, specialized in research and development and production of high-end electronic products and information systems.

The company was established in 1969 and for almost 40 years it has been the bellwether in the electronics industry on the Balkans.

Thanks to the innovative approach and successful commercial policy, the company made its reputation for one of the leading producers of information systems and microprocessor-based electronic devices. Acting in the conditions of a dynamic high-tech products market, “Carat Electronics” AD offers high-quality electronic devices under the “Carat” trademark, which has a considerable market share in the Bulgarian and foreign markets.

The company produces various electronic products - electronic cash registers, fiscal printers, POS terminals and systems, electronic taximeters, electronic tachographs, static electricity meters, information systems for local monitoring and parameterization of power meters via PDA terminal and others.

Carat Electronics AD is the first Bulgarian IT company, awarded the worldwide acknowledged certificates for quality management, environmental care and occupational health and safety – ISO 9001:2000, ISO 14001:2004 and OHSAS 18001:1999. The implementation of the Integrated management system ensures the high quality and compliance of the products with the European and international standards and regulations.

An acknowledgement for the efforts to offer great-value-for-money products are the Bulgarian and international awards and also the trust of partners and clients. Carat Electronics AD maintains successful cooperation with many companies and distributors. The constant improvement of the functional possibilities and technical characteristics of our products, applied technologies and design and, at the same time, the development of new products, considering the current market demands and changes keeps the traditional quality of the Carat products. The applied advanced technologies and innovative solutions contribute to the market expansion of the company.

One of the major production lines is the static electricity meters. Carat Electronics produces 8 different models of electricity meters with advanced features and proved quality. So far the company has signed contracts and has supplied a large number of meters to the European energy giants – CEZ, E ON, EVN, thus becoming the biggest Bulgarian producer of electricity meters and a reliable partner and main supplier of these companies.

The modern technical equipment of “Carat Electronics” AD enables the use and development of advanced technologies for the production of tooling equipment – injection molds, cutters, blast forms, press forms and also for the manufacture of wide range different size metal products, products form thermoplastic and thermo reactive polymers, produced through molding and pressing.

The company’s skilled employees contribute to the acknowledged quality of the products and the development of new ones. About 70% of the staff possesses university or college degrees and the specialists with university education form 37% of the company’s whole staff.

The production process of the company comprises three main departments – development and manufacturing of electronic parts, technical equipment and tooling and plastic parts production.

The company has achieved a finished production cycle – apart from the electronic parts, the factory manufactures the hardware and firmware parts of our products as well, which gives us the possibility to carry out an effective quality control and monitoring of the products.

During the past years many of the products, designed and manufactured by “Carat Electronics” AD were awarded Gold Medals from the Plovdiv International technical Fair.

“Carat Electronics” AD is part of “Zlaten Lev Holding” JSC, Sofia and receives the financial, marketing, management and logistics support of the Holding and the other enterprises from the financial group.


For contacts: Carat Electronics AD
Bulgaria, Veliko Turnovo 5004, 32 San Stefano Str.
Tel. +359 62 612320, Fax. +359 62 645935,