1991-2002 

 
Our journey began with the establishment of Ficosota, which was a catalyst for the entrepreneurial spirit of its founders, and a few years later, in 1993, the business structure was expanded to include an industrial one - TErmoSYstem and the TESY brand. It began producing electric heaters and oil radiators. Ficosota established long-term partnerships with Delonghi and Kenwood, becoming their exclusive distributor for Bulgaria. In 1997, the company began expanding outside Bulgaria.

Valuation