Main information

Coorespondence address:

SPARKY ELTOS AG
9, Kubrat street
5500 Lovech
BULGARIA
Phone: + 359 68 686-0
Fax: + 359 68 600 580

Id.No.: BG820147084
Bank details:
UNICREDIT BULBANK
IBAN BG UNCR 7630 1023 8996 37
BIC: UNCRBGSF

History

• 1961 Establishment of the factory

• 1965 Start of power tools production

• 1966 AEG first license purchase

500,000 machines capacity achieved

• 1975 AEG second license purchase

1,000,000 machines capacity achieved on 16 hectares manufacturing plant

• 1996 Privatisation of the factory by SPARKY GROUP

• 1997 ISO 9001 certification (quality of the manufacturing process and of the products)

• 2004 ISO 14001 certification (established and applied environmental management system for development, production and maintenance of power tools and accessories)

• 2006 OHSAS 18001:1999 certification (Occupational Health and Safety System)

Market strategy and advantages

Market strategy

• Continuous expansion of sales of SPARKY-branded power tools on existing and new markets
• Focus on the East European market as it has lower saturation than the EU market
• Production of SPARKY range professional power tools
• Production and sale of private label power tools
• Production of parts and components for other companies (subcontracting)
• Assembly work for established producers of power tools

Market advantages

• Established brand name
• High quality guaranteed by ISO 9001 certificate
• Good price-quality mix
• Experience in both professional and hobby power tools
• Short response time to customer orders and demands
• Excellent geographic location

Personnel and activities

Personnel
SPARKY ELTOS AD employs about 1400 persons involved in the development and manufacture of power tools. These young and motivated people are one of the biggest assets of SPARKY GROUP.

Activities and major facilities

• R&D and engineering
• Plastic injection
• Manufacture of electric motors and mechanical parts
• Metal heat treatment and manufacture of moulds, dies and tooling
• Foundry for Al and Mg alloys
• Assembly workshop
• QA and control equipment
• Painting workshop

European Projects

 

SPARKY ELTOS AD participates in the E4 Extended enterprise management in enlarged Europe project.

 

Objectives:

 

The E4 project's major aim is to specifically support Eastern Europe enterprises to take active part and jointly develop collaboration initiatives with long-tradition Western EU R&D and Innovation Centres for intelligent and extended products development in several sectors of the EU manufacturing industry;

In particular the objectives are:

 

• To support the integration of OEM and suppliers (expecially SMEs) in the network enterprise
• To Achieve higher quality and efficiency in executing distributed processes related to new products design.

 

Main Innovations:

 

The innovations claimed by E4 concern:

• The platform concept and the underlying business model
• The technologies which will be harnessed to achieve the necessary adaptability, modularity and connectivity: Web services and ontology.

 

Results:

 

The development of an innovative integrated engineering environment specifically tailored to the needs of the suppliers operating in a design network which involves companies from all over Europe.

The integration in a basic framework of services to support program management, KPI management, quality monitoring, knowledge management to leverage past experience.

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