The company was established in 1941 as a railway carriage repair shop. Its activity included performing middle and general repairs of passenger and freight wagons with spacing of 760 mm and 1435 mm. The first production hall for repair and completion of wheel sets in Bulgaria was built in 1983. Up to the present moment KOLOWAG, former VRZ 99, AD – Septemvri is the only enterprise in the country for production of new wheel sets, and repair and revision of old wheel sets. After a successful privatization in 1999, the enterprise became a private venture. Until today all the shareholders work within the company.
THE PROGRESS of the company
- Nowadays the company has grown to more than 1400 employees/ 120’000’000€ turnover/ 49 000 m2 production halls.
- In 1999 the company had 230 employees,
/ 500 000 € turnover /8 000 m2 production halls.