Ladies and Gentlemen,

The Industrial group that we present to your attention includes companies connected with the power sector, renewable energy, industrial gas-supply and environmental protection projects. Our field of activity is Thermal, Hydro and Nuclear power plants, solar energy, gas pipelines, gas devices and gas burners, electrostatic precipitators, sewage and waste water treatment, water supply, industrial, building, household and hazardous waste landfills and incineration of waste.

The Group is a leader in the power sector equipment and high-pressure heat-exchanger surfaces production, spare parts production for turbines, boilers and the balance of plant auxiliary equipment.
The Group's companies are well known in the country and abroad.

Our companies perform most of the planned and emergency repair works of the power plants in the Power complex Maritsa East. Our companies also performed most of the erection works done in the complex in the recent years.

Over the past years, we have produced more than 80% of the energy equipment and spare parts and have done most of the overhauling works performed in the Power complex Maritsa East.
Considerable part of our equipment goes to other customers in the country. Our companies are supplied with outstanding equipment and abilities for constructions production for export (Greece, Canada, Taiwan, Turkey, Germany, etc.).

Our companies work hardly on Quality assurance of our products and services. Trough implementation of new technologies and organisation of the works we secure high quality of the services for our Customers.
We have the following companies In the Group (please, also see the attached structures):

1. Sole trader (ST) Dechko Kolev-Ida located in the City of Stara Zagora, 100% private owned, is the base of the Industrial Group. ST Dechko Kolev-IDA was founded in 1991 as an engineering organisation dealing with assistance of the plants of the power production sector, coal mining, metallurgy, cement industry and others during their modernisation with custom-made equipment.

The realisation of the designs have determined the main activities of the firm. It has specialised in the design, manufacturing and maintenance of:

• Constructions of industrial systems for environmental protection;

• Unique heavy metal constructions;

• Large size casing details of machines and equipment;

• Conveyor systems for bulk material;

• Light metal constructions of unique equipment;

• Reductors;

• Containers;

• Other equipment.

2. Metalik JSC is located in the City of Stara Zagora. The plant was established in 1978. Its main field of activity was manufacturing of steel structures. Since 1987 it switched over to manufacturing of machines for the food, wine and tobacco industry, multi-lift systems, containers, steel structures, etc., as a part of "Hraninvest" - Stara Zagora, as well as to commercial activities. In 1997 the company ST Dechko Kolev - IDA bought 98% of the JSC's shares and now the plant is specialised in the:

• Manufacture of unique heavy and light steel structures;

• Manufacture and assembly of lifting-transport equipment;

• Manufacture and repair of non-standard power equipment;

• Outsize structural details and facilities.

3. Energoremont JSC is located in the city of Galabovo, right in the lignite Power complex Maritsa East. It produces machines and equipment for the coal handling of the plants located in the region, the steam boilers, non-standard equipment for the power units, dust precipitators, spare parts. It also performs on-site or at the factory general overhauling of the balance of plants, general overhauling of the Thermal power plants. The company has just mounted the new 165 MW steam turbine in Maritza East 2. TPP. The company also develops new technology equipment
and machines for particular tasks.

4. Novi energiini iztochnici JSC, located in the City of Razgrad - It is a company specialised in solar energy equipment for household and industrial utilisation. The company produces efficient solar collectors and the necessary equipment for the industrial, household, and tourist hot tap water supply.

5. Energoproekt JSC - located in the City of Sofia. It is a fifty-four year old company, closely connected with the Bulgarian energy sector research, study, design, building, commissioning and operational support. The Company took an active part in the last twelve years during the studies connected with the Bulgarian power sector rehabilitation, district heating and household gasification, energy efficiency improvements in the municipalities, households and industry.

The studies in question were financed and controlled by the EC (PHARE and other programmes), USAID, financed by EBRD and the World Bank. Energoproekt JSC performed most of the preliminary studies, designs, EIA studies, etc., connected with the present scheduled large private and State controlled projects in the Bulgarian power sector.

6. ChugunoleeneInvest, 97 JSC is located in the City of Parvomai with main activity - Cast iron and steel moulding.

With its annual turnover exceeding 50 million DM, significant financial resources, well-established prestige in the banking sphere and more than 3000 engineers and experts, the group can design, rehabilitate, construct, build and commission projects in the power and energy efficiency field, as well as environmental protection projects, water supply, water and air purification, landslide control, dump sites and dam projects.

The Presentation of the Group is closely targeted at revealing the range of services offered by the Group's companies particularly in the area of the Thermal power sector. The Group's potential is shown in the prepared and now ready to start projects such as:

• Several large Bulgarian Thermal power plants' rehabilitation projects, among them Maritsa East 2 - units No. No. 1-4, Maritsa East 3 - units No. No. 1-4, Bobov dol - units No. No. 1-3, Rouse TPP - unit No. 3, Varna TPP - units No. No. 1-6, Maritsa 3 Dimitrovgrad TPP, etc.

• The procurement and erection of the new 335 MW lignite fired units nearby Maritsa East 1 TPP.

• The procurement and erection of new generation gas fired combined heat and power units for the District heating and Industry, among them: Sofia and Sofia East 2 x 145 MW CHP, HOB Zemljane & Liulin 2 x 60 MW, Plovdiv Sever - 32 MW, Solvey Sody - Devnja 290 MW CHP, Refinery Lukoil Neftohim Bourgas 35 CHP, etc.
More information about each company connected specifically with the Thermal power sector rehabilitation and new units erection projects is given below.
We hope to be useful and to provide valuable services to potential investors in the Bulgarian Thermal power sector.

On behalf of the Industrial Group:

Dechko Kolev

Owner and Founder