1989

Automation engineers Nikolay Raychev, Vladimir Sakaliyski,

Maxim Dunchev and Electronic engineer Krasimir Darakchiev

found COMECO in February 1989 as a partnership company.

 

Revenue: $3,500. Employees: 0

 

     

 

 

 

1990

COMECO founders develop the first company owned projects -

analog and microprocessor temperature controllers. After its first trade fair

participation, COMECO receives its first customer orders.

 

Important Product News:

- TC56T analog ON/OFF temperature controller

- RT090 microprocessor PID temperature controller

 

Revenue: $13,000. Employees: 2

 

 

 

 

 

 

 

1993

COMECO business rises fast and the company moves to a new rented

building. The TS series of temperature RTD and thermocouple probes

becomes an important part of COMECO product list. The basics

of company quality system is built. Mr. Raychev leaves the company

starting his activity in SIEMENS - Germany.   

 

Important Product News:

- TC56 series analog temperature controllers

- RHS relative humidity probes

- TS series temperature probes

 

Revenue: $43,000. Employees: 11

 

 

 

 

 

 

 

1994

COMECO prints its first general catalog structuring the future product line, 

series models, coding rules, etc. The company collects its main

manufacturing facilities. The owners register COMECO as LTD company.

The fist local sales offices open in Sofia and Ruse as well as

COMECO subsidiary in Stara Zagora named Comeco-Universe Ltd.

 

Important Product News:

- TC65(66) process indicators

- TRN series analog temperature in-head transmitters

- SM series sensor scanners

 

Revenue: $91,000. Employees: 16

 

 

 

 

 

 

 

1996

COMECO extends more than twice its production and sales activity hiring

additional 350 sq. m office area. COMECO R&D department and service

laboratory is established. Establishing domestic distribution network

and local sales offices. Main products approval granted by National

Standard Institution.

 

Important Product News:

- RT18(28) series programmable controllers

- RT390 smart controller with programmable structure

- CT02(12) timers

- H series handheld meters

 

Revenue: $210,000. Employees: 31

 

 

 

 

 

 

 

1998

COMECO publishes its first website: www.comecogroup.com.

Quality Management System is implemented and after a successful

assessment by BSI auditors COMECO receives its first ISO9000

certificate. Export invasion to Balkan region begins, especially

in Yugoslavia and Macedonia. COMECO has its first sales offices abroad.

 

Important Product News:

- LCSF series float-type level switches

- TC600 bar-graph process indicators

- TC800 multi-channel process monitor

- CT3x series counters and timers

 

Revenue: $380,000. Employees: 40

 

 

 

 

 

 

 

2001

COMECO participates for the first time in Hanover Fair. Worldwide

distribution net is built till the end of the year. COMECO establishes

its first abroad subsidiary: Comeco Engineering GmbH in Germany.

One of the CEG directors is Dimitar Palov, a former COMECO engineer.

Export sales is 25%.

 

Important Product News:

- RT384/484 PID-autotune programmable controllers

- LCSF100 level transmitter

- TRA in-head and rail-mounted transmitters with selectable ranges

 

Revenue: $710,000. Employees: 46

 

 

 

 

 

 

 

2003

COMECO successfully transforms its Quality System according

to the new standard ISO9001:2000. COMECO buys its own newly-built

sales office in Pazardjik and expands Sofia sales office to 200 sq.m.

Export sales reaches 40%.

 

Important Product News:

- RT08 low-cost programmable controller with multi-input

- TRB smart transmitter series

- TRI series signal isolators

- SSR solid state relay series

- CE certification for COMECO main products.

 

Revenue: $890,000. Employees: 53

 

 

 

 

 

 

 

2004

Construction begins on the first COMECO-owned building:

a 1700 square-meter factory, laboratory and office between St. Petersburg

boulevard and Slavyanska street in Plovdiv. Marine certification received

for the main COMECO products. All COMECO advertising materials

are totally redesigned.

 

Important Product News:

- RT38 low-cost programmable controller with quasi multi-input

- TS***EG ATEX explosion proof temperature probes

- PSF100 intelligent flow switch

- PolyMonitor data-acquisition software

 

Revenue: $1.02 million. Employees: 56

 

 

 

 

 

 

 

2006

COMECO moves into its new building in Plovdiv. The company re-registers

with a new legal address and accepts a new partner - Eng. Nikolay

Bozhilov. COMECO sells 55% of its share capital of Comeco-Universe Ltd.

Sales volume increases with 28%, exports - with 35%. Assets and equity

increase more than 2 times. COMECO accredited calibration laboratory

increases rapidly its operations.

 

Important Product News:

- devices with 48х24 mm DIN-sized front panel

- TRBI,TRZ, TRT, and TRU isolated transmitters

- RT28 and RT284 devices with universal input

- CT34 new counter series

- IA250 USB interface adapter and K10U USB cable series

- UniConf universal configuration software package

- UL certification for COMECO transmitters.

 

Revenue: $1.28 million. Employees: 64

 

 

 

 

 

 

 

2007

In August COMECO changes company legal status from "limited" to

"share" company with 2,142 million BGN share capital.

In December the subscribed capital was increased to 2,462 million BGN.

Shareholders equity increases with 70%, profit - with 25%. 

Construction begins on the COMECO-owned sales offices

in Sofia and Stara Zagora.

 

Important Product News:

- isolated MI thermocouples up to 1mm O.D.

- RT290S autoclave controller

- ICM81 isolated 8-channel current multiplexer

- TRC low-cost programmable temperature transmitter

- TC67U process indicators with 32mm and 45mm display

 

Revenue: $1.70 million. Employees: 68

 

 

 

 

 

 

 

2008

Share capital increased to 3,2 million BGN.
New shareholders accepted.
New sales office in Stara Zagora starts operation.

 

Revenue: $1,75 million. Employees: 63

 

 

 

 

 

 

 

2012

COMECO exits from global crisis restoring 2007 sales volume.
Efficiency increases with 15% by asset and personnel optimization.
Export reaches 50% of sales volume
.

 

Important Product News:

- series ATEX approved temperature sensors and level switches

- RT1900 universal PID controller for rail-mounting

- TI250 programmable bargraph indicator

- PSQ/PSQA pressure transmitters

- TROJ low-cost programmable temperature sensor

- PSF210 programmable flow monitor

 

Revenue: $1,66 million. Employees: 57