INVESTING
IN POWER
Leading power tools manufacturer SPARKY GROUP is enjoying the benefits of its considerable investment in equipment and resources in recent years. Emma-Jane Batey spoke to CEO Stanislav Petkov to see how this investment is good for business.
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stablished in Berlin, Germany in 1990, SPARKY GROUP is the majority shareholder in two state-of-the-art factories in Bulgaria, both listed on the Bulgarian stock exchange. One of the well-positioned professional power tools brands, SPARKY also manufactures power tools and components for OEM customers, as well as welded parts and machinery.
90 Industry Europe
In the five years since Industry Europe last spoke to SPARKY, the company has invested some €27million in ensuring its facilities are the best they can possibly be. CEO Mr Petkov explained why this considerable investment has been made, and explained more about the ways in which the money has been spent: “We are investing all the time in developing innovative new products and
training our staff, but this major investment programme was primarily focused on making sure our two production facilities were fully equipped with the very latest technology.”
Spending wisely The first Bulgarian factory received €16 million of the €27 million investment, which was spent on upgrading its power tools manu-
