Prometey Ltd

What Prometey Ltd does

Prometey Ltd (Прометей ООД) is a privately-held Bulgarian manufacturer of wood-burning heating appliances founded in 1999 and headquartered in Targovishte (Tărnovo), Bulgaria, operating with approximately 10 employees. The company designs and produces freestanding wood-burning stoves and fireplaces under two product lines: a standard tier (Mini-B, Metal Plate, Nar Type A/B, Perfect, Practik-L) priced €169-€183, and a premium Eco Design tier (EKO Mini, EKO 3, EKO 4, Retro EKO, Perfect EKO, Perfect EKO Lux, Practik Lux) priced €280-€725. The Eco Design line incorporates proprietary combustion engineering — hermetically sealed chambers, primary/secondary/tertiary air regulation, and external air intake — achieving 80.5-84.30% efficiency and A+ energy class certification to EU EcoDesign 2022 (EU 1185/2015), German BImSchV2, and Austrian 15a-BVG standards.

The company's go-to-market is direct-to-consumer e-commerce via its own online store at kamini-prometey.com, with 24/7 ordering, no registration requirement, free delivery through Econt courier across Bulgaria within 2-5 business days, and cash-on-delivery payment. Revenue is generated exclusively through one-time hardware sales (perpetual license equivalent) with no subscription, service, or recurring component. The primary customer segment is Bulgarian residential homeowners seeking efficient heating and cooking solutions, with a secondary segment in commercial business spaces. In 2020, the company received a 293,913.83 BGN EU/Bulgarian government grant (BG16RFOP002-2.040-0688-C01) under Operational Programme 'Innovation and Competitiveness' to modernize production capacity and support export potential, though no international revenue disclosures exist. The company is closely held, with Mehmed Ilkyanov Mehmedov serving as legal representative, and operates with no institutional equity, no subsidiaries, and no public listing.

Name

Prometey Ltd

Legal name

Прометей ООД

Website

https://kamini-prometey.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

Prometey Ltd (Прометей ООД) is a privately-held Bulgarian manufacturer founded in 1999 that designs and sells wood-burning stoves and fireplaces directly to residential homeowners and commercial customers via its own e-commerce store, with a premium Eco Design line certified to EU 2022 standards.

Ownership category

akta.pro rank

Headquarters

HQ city

Tărnovo (Търговище)

HQ country

Bulgaria

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Wood-burning Stove and Fireplace Sales: One-time sale of manufactured heating appliances (stoves and fireplaces) directly to consumers through e-commerce. Revenue generated from product sales with prices ranging from €169 to €725 depending on model and features. Payment is cash-on-delivery via courier.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Prometey Ltd manufactures and sells wood-burning fireplaces and cooking stoves from its facility in Tărgovishte, Bulgaria. The range includes Eco Design-compliant models (meeting EU 1185/2015, German BImSchV2 and Austrian 15a-BVG) with 80.5–84.30% efficiency and A+ energy class, plus standard models, sold direct-to-consumer via its online storefront with free Econt courier delivery and cash-on-delivery payment.

Product overview

Prometey Ltd manufactures wood-burning fireplaces and cooking stoves in Bulgaria. The product portfolio consists of two main categories: Eco Design (Еко) products meeting EU EcoDesign 2022 standards with higher efficiency (80.5-84.30%) and standard products for basic heating needs. Eco products include fireplaces (EKO Mini, EKO 3, EKO 4) and cooking stoves (Retro EKO, Perfect EKO, Perfect EKO Lux, Practik Lux variants), featuring hermetic construction, triple-air combustion systems, and up to 30% wood savings. Standard products include Mini-B, Metal Plate, and Metal Plate 2 fireplaces, plus Nar Type A/B, Perfect, and Practik-L cookers. All products are free-standing heating appliances for wood and compressed wood briquettes, suitable for apartments, houses, and commercial spaces.

Differentiator

Problem solved

Functional benefit

Brands

• Eco Design (Еко Дизайн): Eco Design product line featuring high-efficiency wood-burning stoves and fireplaces meeting EU EcoDesign 2022 standards with up to 84.30% efficiency and A+ energy class

Products and services

• Retro EKO Cooking Stove (Готварска печка \"Ретро Еко\") Eco Design cooking stove with 81.60% efficiency, hermetically sealed construction and triple-air combustion system for reduced wood consumption and lower environmental impact. Targeted at Bulgarian residential customers seeking an efficient wood-fired cooker.
• Perfect EKO Cooking Stove (Готварска печка \"Перфект Еко\") Eco Design cooking stove with 81.60% efficiency, primary/secondary/tertiary air regulation for controlled combustion and up to 30% wood savings versus standard cookers.
• Perfect EKO Lux Cooking Stove (Готварска печка \"Перфект Еко Лукс\") Premium Eco Design cooking stove with 81.60% efficiency and A+ energy class, designed for heating areas up to 80 m².
• Practik Lux Cooking Stove — cast iron plate (Готварска печка \"Практик Лукс\") High-efficiency Eco Design cooking stove with 84.30% efficiency, A+ energy class, cast iron plate and external air intake for improved combustion.
• Practik Lux Cooking Stove — ceramic top (Готварска печка \"Практик Лукс\") Eco Design cooking stove variant with ceramic cooking surface, 84.30% efficiency and external air intake system.
• EKO 3 Fireplace (Камина \"EKO 3\") Eco Design fireplace with 80.5% efficiency, hermetic construction and triple-air combustion system reducing wood consumption by up to 30% versus standard fireplaces; A+ energy class.
• EKO Mini Fireplace (Камина \"Еко Мини\") Compact Eco Design fireplace with 80.5% efficiency, suitable for spaces up to 70 m², featuring adjustable air regulation controls.
• EKO 4 Fireplace (Камина \"EKO 4\") Eco Design fireplace with 80.5% efficiency and 4/7/10 kW power output, featuring hermetic construction for controlled combustion.
• EKO Mini Fireplace — metal top (Камина \"EKO Мини\") Eco Design mini fireplace variant with 80.5% efficiency and a metal cooking surface, designed for compact spaces.
• Mini-B Fireplace (Камина \"Мини-Б\") Standard (non-Eco Design) fireplace with steel cooking plate and 5/6 kW power output, for basic residential heating needs.
• Metal Plate Fireplace (Камина \"Метален плот\") Standard fireplace with metal cooking surface, 8/10 kW power output, featuring primary and secondary air regulation.
• Metal Plate 2 Fireplace (Камина \"Метален плот 2\") Standard fireplace with metal cooking plate, 8/9 kW power output, designed for efficient wood burning.
• Nar Type A Cooking Stove (Готварска печка \"Нар ТИП A\") Traditional (non-Eco Design) cooking stove with cast iron components, designed for reliable wood-fired heating and cooking.
• Nar Type B Cooking Stove (Готварска печка \"Нар ТИП B\") Traditional cooking stove with improved efficiency and cooking capabilities for residential heating.
• Perfect Cooking Stove (Готварска печка \"Перфект\") Standard cooking stove with 7/11 kW power output, cast iron grates and integrated oven for versatile cooking.
• Practik-L Cooking Stove (Готварска печка \"Практик-Л\") High-power standard cooking stove with 11/15 kW output, optional cabinet doors for niche, suitable for larger spaces.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Jøtul: Norwegian manufacturer of wood-burning stoves and fireplaces with a broad European dealer network. Directly comparable as a premium-positioned cast-iron/steel wood stove maker serving residential heating needs under tightening EU emissions rules.
• Romotop: Czech Republic-based manufacturer of wood-burning stoves, fireplaces, and pellet stoves. Regional peer in Central/Eastern Europe with overlapping product portfolio, EcoDesign-compliant lines, and export orientation similar to Prometey's stated ambitions.
• Morsø: Danish heritage manufacturer of cast-iron wood-burning stoves. Compares to Prometey as a long-established (founded 1853) European wood-stove specialist competing on efficiency, design, and EcoDesign compliance.
• Dovre: Belgian/Norwegian manufacturer of cast-iron wood stoves and fireplaces. Comparable as a European heritage stove brand competing in the same efficiency, emissions, and design categories as Prometey.
• Invicta: French manufacturer of cast-iron wood-burning stoves and fireplaces. Directly comparable as an EU-based competitor offering high-efficiency wood stoves meeting EcoDesign/BImSchV standards across European retail channels.
• Nordica (by Edilkamin group): Italian wood stove and fireplace brand within the Edilkamin group. Comparable as a European wood-burning heating appliance manufacturer selling across multiple national markets with efficiency-rated product lines.
• Edilkamin: Italian manufacturer of wood-burning stoves, fireplaces, and pellet stoves. Comparable to Prometey as a European wood-stove OEM selling efficiency-rated, EcoDesign-compliant appliances across multiple national markets.
• Contura: Swedish manufacturer of wood-burning stoves and fireplaces sold across Europe. Directly competes with Prometey in the modern, design-oriented, EcoDesign-compliant stove category with similar efficiency claims and price points.
• Stovax: UK-based manufacturer of wood-burning stoves, fireplaces, and flue systems. Comparable to Prometey as a European wood-stove specialist selling efficiency-rated, EcoDesign-compliant product lines through dealer networks.

Broad incumbents

• Hearthstone / Vermont Castings (Hearth & Home Technologies): Established North American manufacturer of wood and gas stoves/fireplaces. Comparable as a broader-incumbent wood-heating appliance maker with multi-decade brand heritage, though operating primarily in the North American market rather than directly competing in Prometey's Bulgarian/EU footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/prometeyltd
• LinkedInlinkedin.com/company/prometey-ltd

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 Prometey Ltd