VAPTECH Ltd
VAPTECH is a global provider of products, services and solutions in the sectors of Hydropower, Metal Forming and Environmental technologies. Since 1914 VAPTECH has grown from a small metal-craft workshop into a leading organization offering to the Global Markets highest-quality equipment and solutions for a number of industries such as hydropower, automobile, consumer electronics, defense, furniture, home appliances, metal packing, storage and biomass.
Company details
Find locations served, office locations and our distributors
- Business Type:
- Manufacturer
- Industry Type:
- Energy - Hydro Power
- Market Focus:
- Globally (various continents)
This company also provides solutions for other industrial applications.
Please, visit the following links for more info:
About Us
VAPTECH is one of the very few companies which are able to provide to their customers everything from one single source: from project consultancy, design and manufacturing to installation, commissioning, after sales services, maintenance and management.
The quality of VAPTECH's products and services is guaranteed by its Quality Management System (ISO 9001:2008) and the international standards applied to its manufacturing processes.
Last but not least – VAPTECH's business philosophy is based on the principle: Promise less, deliver more!
Mission & Vision
Mission
VAPTECH provides first class products and services that improve people' quality of life, protect the nature and meet the needs of the Planet.
Vision
VAPTECH strives to be among the world' leading sustainable companies in the Hydropower, Metal Forming and Environmental technologies sectors and to deliver outstanding products and services to the entire satisfaction of its clients while respecting, at all times, the principles of the UN Global Compact
Values
- Provide the safest and healthiest working environment
- Maintain outstanding quality management system
- Be innovative to always meet the future needs of its clients
- Maintain highest integrity and ethical standards
- Support the principles of the UN Global Compact in all fields of its activities
History
History that makes us proud
The history of today’s VAPTECH goes back to the beginning of the 20th century when a few ambitious Bulgarian entrepreneurs from the city of Pleven laid the foundations of the future Bulgarian metal-working, machine-building and engineering industry.
MILESTONES IN THE GROWTH OF VAPTECH:
1914 VAPTECH was first established as a company trading with agricultural equipment
1922 The company is registered as an equipment factory under the name of the associates “Simeonov, Kaponovo Cie” which acquired the agricultural equipment business
1938 The company is registered as an industrial group
1949 VAPTECH integrates the biggest manufacturing companies in Pleven
1960 Opening of a new modern plant
1962 VAPTECH is established as the only manufacturer of heavy machinery equipment including turbines, presses and compressors in Bulgaria
1982 Cooperation with Toshiba Japan for the development of Chaira project (864 MW, 4 Francis turbines) in Bulgaria. The cooperation between Toshiba and VAPTECH included:
- Continuous training of VAPTECH staff members and supervision of the works in Japan and Bulgaria
- VAPTECH’ team participated in the manufacturing, machining and assembly of Unit 1 at TOSHIBA’ workshops in Japan
- During the period 1983-1986 a number of VAPTECH stuff members (designers, welders, etc. among others) were trained at Toshiba premises in Japan
1997 Partnership with German company PME for custom made mechanical and hydraulic presses.
1999 Cooperation with GE Norway for turbine production.
2001 Establishment of Vaptsarov Hydro (later known as VAP Hydro) and Vapsarov Press (also known as VAPRESS). In 2011 these companies within the structure of Vaptsarov company became part of VAP Hydro which was renamed to VAPTECH.
2003 SHPP Retizhe-1 (2100kW), Retizhe-2 (730 kW) и Retizhe-3 (4950 kW) were put in operation. The pilot water-to-wire projects developed by VAPTECH.
Design
Symbiosis between experience and modern technologies
VAPTECH’ corporate philosophy is based on the principle to deliver solutions with highest efficiency and productivity. Therefore, we develop every project specifically according to the specific customer requirements. VAPTECH uses latest software and methodology for creating parametric models that allows for shorter design time and guarantee for high efficiency.
Sustainability
Make what the Planet Needs!
Clean water, energy and food being essential for the existence of life on Planet Earth, VAPTECH shall do its utmost to develop and innovate its portfolio of products and services, as well as to create new ones in order to contribute to the production of renewable energy and healthy food. Waste water treatment and waste management are two new avenues that VAPTECH has the capacity for and is aiming to explore.
Corporate Social Responsibility
Environmental and social responsibility, now and in the future:
VAPTECH firmly believes that for a company to be successful and sustainable it should not be only concerned by economical gain. VAPTECH attaches highest priority to always maintaining its status of good corporate citizen and to advance into reaching new moral and spiritual levels: the ever higher social responsibility. This can be only materialized through very demanding requirements for personal integrity, values, mission and vision of our people.
SOCIALLY ORIENTED INITIATIVES
• Special musical performances for VAPTECH’ employees and the local communities
• Support of:
- Bulgarian historical heritage
- New Symphony Orchestra
- Pleven' Philharmonic Orchestra
- Center for abandoned children Detelina
- Center for Interethnic Dialog and Tolerance Amalipe
• Employees’ health and wellness support
Free dental care
Company’ family days
Fisherman competition
Honey producers’ competition
Christmas' parties
Celebration of children of employees and local orphanage
TOYOTA & VAPTECH
VAPTECH constantly strives to preserve the environment and to protect the Planet. Sharing this common objective, TOYOTA & VAPTECH initiated a long term cooperation with regard to TOYOTA Hybrid vehicles that VAPTECH will use for its operations and with regard to the exchange of know-how and experience in relation to a more efficient and ever improving production process, area in which TOYOYA is a global leader
CSR
• Initiative Clean Bulgaria for a day!
• Days of Volunteering at VAPTECH:
* Painting of a kindergarten in Sofia
* Renovation of Center for abandoned children Detelina
* VAPTECH’ experts in Bulgarian Schools
* Rebuilding a wooden bridge in mountain Vitosha
• Green office week
• Junior Achievement Bulgaria
• VAPTECH’ internship programs for students from school “Zaharii Zograf” in Pleven
• Donation of computers to the Technical University of Sofia
• VAPTECH helps flood victims in Serbia in 2014
Health, Safety and Environment:
Care and Responsibility
VAPTECH cares about the impact of its activities on the ecosystems and its employees.
VAPTECH’ health and safety policy is focused on maintaining safe and healthy conditions in compliance with Environmental, Occupational Health and Safety requirements’ norms:
• Detailed understanding of environmental and safety risks
• Using world’ recognized practices:
• Monitoring daily activities with the aim to achieve internal standards higher than legally required • Injury prevention system
• Reducing the global reliance on fossil fuels by developing environmental technologies and renewable energy projects
Compliance:
VAPTECH conducts its business and its relationships with all stakeholders in an ethical manner and has developed compliance a committee to foster an environment and a culture that promote prevention, detection, investigation and resolution of any misconduct. If you have questions about VAPTECH compliance policy, if you think that you have experienced or you are aware of any fraud, waste or abuse in relation to VAPTECH, its suppliers or members of the staff, please report it as soon as possible to: