Glatec

What Glatec does

Glatec EOOD (formerly Schätti Bulgaria) is a Bulgarian contract manufacturer specializing in functional hinges, moving mechanisms, and subassemblies for European home-appliance and furniture OEMs. Founded in 2005 as a subsidiary of Swiss Schätti AG Metallwarenfabrik (established 1934) and rebranded in September 2021, the company operates a single ~6,800 m² production facility in Kostievo, Bulgaria, with approximately 100-180 employees working 2/3 shifts on lead machines. The company serves leading European manufacturers across home appliances (primary), furniture (primary), and automotive (secondary) verticals on long-term project-based outsourcing contracts.

The core offering is a vertically integrated manufacturing platform spanning engineering (Siemens NX CAD/CAM/CMM, Simcenter FEA, Teamcenter PLM), in-house automation (custom robotized lines using Siemens Process Simulate and Tecnomatix), tool making (progressive dies, multi-position stamping tools, injection molds), stamping (63-250 ton presses, 0.5-5mm material), injection molding (50-200 ton), welding (TIG/MIG with ABB and Motoman robots, EN ISO 3834-2 certified), assembly, and quality control with internal metrology. Digital twin simulation and full ERP-driven traceability position the facility as an Industry 4.0 operation, though no AI/ML capabilities are disclosed.

Glatec generates revenue through quote-based, project-specific B2B contracts with enterprise manufacturers, where customers supply technical documentation or product concepts and Glatec handles the full engineering-to-serial-production chain. The business model relies on long-term production contracts, custom tooling amortization, and value-added services such as coating and surface treatment. The company is held as a subsidiary of Schätti AG Metallwarenfabrik, with no external funding, and pursues growth through capability expansion (e.g., injection molding, welding certification) and capacity build-outs rather than acquisitions or geographic diversification beyond Europe.

Name

Glatec

Legal name

Glatec EOOD

Website

https://glatec.bg

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

Glatec is a Bulgarian contract manufacturer producing hinges, mechanisms, and subassemblies for leading European home-appliance and furniture OEMs through a fully integrated engineering-to-assembly capability stack on long-term B2B project contracts.

Ownership category

akta.pro rank

Headquarters

HQ city

Kostievo

HQ country

Bulgaria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Contract Manufacturing & Production Outsourcing: Full-service manufacturing outsourcing model for complex hinges, mechanisms, and subassemblies. Services span engineering, tool-making, stamping, injection molding, welding, and assembly. Revenue is generated through long-term production contracts with European manufacturers. Pricing is quote-based and project-specific.
2. Tool Production & Custom Instrument Manufacturing: Production of complex progressive die tools, multi-position tools for stamping/bending, and plastic injection molds. Custom tool-making is an integral part of the manufacturing offering and a distinct revenue stream.
3. Coating and Surface Treatment Services: Provides galvanization, nickel plating, carbonization, heat treatment, hardening, and powder coating services as part of a comprehensive offering. Also offers strategic purchasing services for clients leveraging local supplier connections.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Glatec is a B2B contract manufacturer producing precision functional hinges, mechanisms, and subassemblies for European home-appliance and furniture OEMs under a full one-stop-shop outsourcing model. The offering integrates engineering, automation, tool-making, stamping, injection molding, welding, assembly, and quality control under one roof on an Industry 4.0 production platform. Clients provide technical documentation or product concepts and Glatec handles the full production lifecycle from prototype through serial production.

Product overview

Glatec is a production outsourcing company offering a comprehensive suite of manufacturing services as a unified platform. The core offering centers on functional hinges, mechanisms, and subassemblies production. The integrated service portfolio includes: Engineering Services (design, simulation, prototyping), Automation (robotic systems), Tool Making (progressive dies, injection molds), Stamping (press work 0.5-5mm thickness), Injection Molding (50-200 ton), Welding (TIG/MIG with ABB and Motoman robots), Assembly (screwing, riveting, clinching, gluing), Quality and Control (metrology laboratory, ERP tracking), and Coating Services (galvanization, powder coating). All services are provided in-house with Industry 4.0 factory capabilities, enabling full product lifecycle management from concept to serial production.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering Services Complete engineering services including design optimization, simulation using Siemens Digital Industries Software (Motion Simulation, Finite Element Analysis, Pre-post), prototyping, and full technical documentation support for clients with or without pre-existing documentation. Targeted at European home-appliance and furniture manufacturers outsourcing component development.
• Automation Solutions Internal automation department providing robotized loading/unloading, riveting, placement, spring fixation, and custom control machine installation using Siemens Process Simulate and Tecnomatix Plant Simulation for positioning and workspace optimization. Used to build custom production lines for Glatec's own manufacturing operations on behalf of European OEM clients.
• Tool Making Tool production including feasibility analysis, complex progressive die tools, multi-position tools for stamping and bending, and plastic injection molds. Uses digital twins for process simulation and PLM system for production lifecycle tracking. Serves European OEM clients needing custom tooling for mass-production component manufacturing.
• Stamping Metal stamping production using H-frame presses (63-250 ton), hydraulic presses (40-250 ton), and fully automated eccentric presses with material thickness range of 0.5mm to 5mm. Serves furniture, appliance, and automotive industries producing precision stamped metal components and assemblies.
• Injection Molding Injection molding services using machines from 50 to 200 tons with robotic loading/unloading capabilities. Develops unique series with innovative methods and custom-made instruments using hot and cold runner systems. Targeted at European OEMs needing plastic component manufacturing for appliances and furniture.
• Welding Welding services including TIG (manual and semi-automatic) and MIG (automated electric arc) welding. Certified under EN ISO 3834-2 with TUV-issued qualified welding procedures. Uses ABB and Motoman welding robots. Serves European OEM clients needing compliant welded subassemblies for appliances and furniture.
• Assembly Assembly services using screwing, riveting, clinching, and gluing methods. Offers manual, fully automated, and hybrid assembly lines. Specializes in moving assemblies, complex hinges, and simple fittings for European home appliance and furniture OEMs.
• Quality and Control Quality control services with internal metrology laboratory, precision measuring instruments, and complete tracking via ERP system. Quality controlled at every production step according to applicable standards. Supports OEM client quality and traceability requirements across all manufacturing stages.
• Production Outsourcing Next-level production outsourcing services specializing in functional hinges, mechanisms, and subassemblies for leading home-appliance and furniture manufacturing companies across Europe. Includes full engineering, automation, tool-making, stamping, injection molding, welding, assembly, quality control, and coating capabilities.
• Coating Services Surface treatment services including zinc galvanization, zinc special coatings, nickel plating, carbonization, heat treatment, hardening, and powder coating. Provides finishing for stamped and assembled components produced for European OEM clients.

Quantifiable outcome

• Factory part of Industry 4.0, with digital twins and ERP-driven full production tracking
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Schätti AG MetallwarenfabrikcoreOthers · 1 April 2005Schätti Bulgaria was founded in April 2005 as a subsidiary of Schätti AG Metallwarenfabrik (established 1934, Switzerland). In September 2021, the company rebranded from Schätti Bulgaria to Glatec, reflecting its roots and future outlook. The Swiss parent company's 80+ years of manufacturing tradition and accumulated know-how form the foundation of Glatec's production capabilities in Bulgaria.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Grass GmbH: Austrian specialist in drawer systems, slides and hinge mechanisms for furniture. Direct overlap with Glatec's functional hardware offering for European furniture manufacturers.
• FGV (Formenti & Giovenzana): Italian furniture hardware manufacturer producing hinges and drawer slides for European furniture OEMs. Comparable product category and customer overlap with Glatec's furniture hardware business.
• Salice America: Italian concealed hinge and furniture hardware specialist serving European furniture manufacturers. Directly comparable hinge/mechanism product line to Glatec's furniture segment.
• Titus Group: UK-based manufacturer of furniture and bedding hardware, including hinges, drawer runners and bedding mechanisms. Directly competes in bed mechanisms and furniture fittings — overlapping significantly with Glatec's bed and kitchen appliance fittings focus.
• Blum: Austrian global leader in furniture fittings, especially concealed hinges and drawer runners for kitchen and furniture OEMs across Europe. Directly competes with Glatec's hinge and mechanism portfolio for the same customer base.
• Hettich: German family-owned furniture fittings manufacturer offering hinges, drawer systems and runners to European furniture OEMs. Comparable product mix and customer base to Glatec's furniture segment.
• Häfele: German furniture fittings, architectural hardware and electronic access solutions supplier. Competes in the same European furniture and appliance OEM hardware market with comparable product categories.
• Schätti AG Metallwarenfabrik: Swiss parent of Glatec, founded 1934, producing metal hardware components including hinges and similar mechanisms. Same product DNA and Swiss manufacturing heritage, making it the closest functional and corporate peer.

Broad incumbents

• ITW (Illinois Tool Works): US-listed diversified industrial manufacturer with multiple segments producing precision components, fasteners and engineered assemblies for appliance and automotive OEMs globally. Broader incumbent that competes with Glatec in appliance hardware segments.

Others

• BSH Hausgeräte (contract supplier base): Bosch Siemens home appliance OEM that sources hinges, mechanisms and subassemblies from contract manufacturers like Glatec. Not a competitor but a key customer class whose supplier panel reflects Glatec's addressable market and peer set.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/glatec

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Glatec