Esco Bulgaria Eood

What Esco Bulgaria Eood does

Esco Bulgaria Eood is a Sofia-based Energy Service Company (ESCO) operating exclusively in Bulgaria that delivers turnkey energy efficiency and renewable energy solutions to industrial enterprises, small and medium businesses, and public-sector clients. Founded in 2017 originally as ČEZ ESCO Bulgaria within the CEZ Group, the company was acquired by Bulgarian holding company Sintetika AD in November 2022 and rebranded to its current name. The current legal entity is a private EOOD (Bulgarian limited liability company) operating under managers Todor Todorov and Rostislav Yordanov.

The company's product portfolio spans photovoltaic installations (rooftop and ground-mounted, with cumulative installed and in-progress capacity exceeding 50 MWp), battery energy storage systems (cumulative installed capacity approaching 2 GWh across completed systems), EV charging infrastructure, HVAC modernization, industrial electrical systems, and energy-efficient LED lighting. Projects range from sub-100 kWp commercial rooftops (for example Yettel Bulgaria at 43.68 kWp) to multi-megawatt industrial deployments (BG Glass at 2,600.64 kWp, Kaolin at 4,992 kWp, Asarel at 8,800 kWp, and the Aurubis program totaling 23.5 MWp across three plants). The company advertises a full-cycle delivery model covering energy needs assessment, optimal solution design, equipment procurement, financing, construction, commissioning, and post-implementation monitoring and maintenance.

Revenue is generated through project delivery and project financing arrangements with multi-year terms. Customers include industrial copper and mining operators (Aurubis Bulgaria, Asarel Energy, Kaolin), manufacturers across glass, textiles, plastics, pharmaceuticals and refrigeration (BG Glass, Delta Textile, Pirinplast, Sofarma, Frigo), retail hypermarkets (LIDL Bulgaria, Kaufland Bulgaria), banks (DSK), and public institutions including the Pirogov emergency hospital. As of November 2025 the company reports over 300 implemented projects, retains 11-50 employees, and competes in the Bulgarian ESCO market primarily through direct enterprise sales without disclosed retail or self-service channels.

Name

Esco Bulgaria Eood

Legal name

ЕСКО БЪЛГАРИЯ ЕООД

Website

https://esco.bg

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Esco Bulgaria Eood is a Sofia-based Energy Service Company delivering turnkey photovoltaic, battery storage, EV charging, HVAC, and industrial electrical solutions to industrial, commercial, and public sector clients across Bulgaria. Founded in 2017, owned by Sintetika AD since 2022, it has completed over 300 projects.

Ownership category

akta.pro rank

Product category

Energy Services (ESCO)

NAICS

Engineering Services (541330)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Energy & Sustainability Management (Energy Audits/Optimization/Carbon & ESG Programs) (IMAIAAAM)

Keywords

• Energy service company
• Photovoltaic installations
• Battery energy storage
• EV charging infrastructure
• Energy efficiency solutions

Headquarters

HQ city

Sofia

HQ country

Bulgaria

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Efficiency Project Delivery: The company designs, finances, builds, and commissions energy efficiency and renewable energy projects for clients, providing turnkey solutions. Revenue is generated through project implementation fees and financing arrangements where the company provides funding to clients.
2. Project Financing: Esco Bulgaria provides financing for energy efficiency projects, enabling clients to reduce electricity costs immediately while paying off the investment over time. The reduction in total electricity costs typically begins in the first month after project implementation.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Esco Bulgaria Eood is an Energy Service Company (ESCO) that designs, finances, builds, and commissions turnkey renewable energy and energy efficiency projects for industrial, commercial, and public sector clients in Bulgaria. Its core offerings include photovoltaic (PV) installations, battery energy storage systems, EV charging infrastructure, HVAC and industrial electrical systems, and LED lighting upgrades, delivered as integrated solutions with full project management from analysis and design through construction, commissioning, and ongoing monitoring and maintenance.

Product overview

ESKO Bulgaria is an Energy Service Company (ESCo) offering comprehensive, turnkey energy solutions for industrial, commercial, and public sector clients. The company provides a portfolio of interconnected products and services: photovoltaic (PV) installations for solar energy generation, battery energy storage systems for energy independence, EV charging infrastructure, HVAC systems, industrial electrical systems, and LED lighting upgrades. Services include complete project management from energy analysis and design through financing, construction, commissioning, monitoring, and maintenance. The company has completed over 300 projects including PV systems with total installed capacity exceeding 50 MWp and battery storage systems with nearly 2 GWh capacity.

Differentiator

Problem solved

Functional benefit

Products and services

• Photovoltaic Installations (Фотоволтаични инсталации) Solar PV systems for self-consumption and surplus energy sale, including rooftop and ground-mounted installations ranging from small commercial systems to large industrial installations exceeding 10 MWp. Delivered to industrial, commercial, and public sector clients across Bulgaria.
• Battery Energy Storage Systems (Батерии за съхранение на енергия) Battery energy storage solutions that enable businesses to store excess solar energy for later use, supporting energy independence, peak shaving, and grid reliability. Implemented for industrial and commercial clients across Bulgaria.
• Electric Vehicle Charging Systems (Зарядни системи за електромобили) EV charging infrastructure solutions for commercial and industrial facilities, enabling businesses to provide electric vehicle charging services for staff, customers, and fleet operations.
• Heating, Ventilation, and Air Conditioning (HVAC) HVAC systems and upgrades for improving building energy efficiency and comfort, delivered as part of comprehensive energy solutions for industrial, commercial, and public facility types.
• Industrial Systems (Индустриални системи) Comprehensive industrial electrical systems including grid connections, power capacity upgrades, electrical facility reconstruction, lighting installations, and capacitor banks for power factor correction, delivered to industrial enterprises.
• Lighting Solutions (Осветление) Energy-efficient LED lighting upgrades and installations for commercial, industrial, and public facilities, reducing energy consumption and maintenance costs as part of broader energy efficiency programs.
• Energy Project Management and Implementation Turnkey energy project management services covering energy needs analysis, optimal solution design, financing, implementation, commissioning, monitoring, and maintenance. The company assumes full project responsibility from design through administrative procedures to construction and ongoing support for industrial, commercial, and public sector clients.

Quantifiable outcome

• Over 300 projects implemented as of November 2025, including energy storage systems with total installed capacity close to 2 GWh
• +4 more outcomes

Named customers18 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Aurubis BulgariacoreStrategic or Co-development Partner · 3 August 2020Long-term partnership for building renewable energy plants covering energy needs of the largest copper smelting company in Southeast Europe. Projects include Aurubis-1 (10 MWp, 2021), Aurubis-2 (7 MWp, 2024), and Aurubis-3 (6.5 MWp, 2024). Part of Aurubis's BGN 800 million investment program 'Investments for Progress. Bulgaria 2027'. The three plants will cover nearly 10% of the factory's annual electricity consumption.
• CEZ GroupcoreStrategic or Co-development PartnerOriginally established in 2017 as CEZ ESCO Bulgaria, part of the CEZ Group in Bulgaria. The company benefited from CEZ Group's international experience and know-how. Currently owned by Sintetika AD after CEZ divested its Bulgarian assets.
• CEZ ESCO FamilyminorStrategic or Co-development PartnerNetwork of affiliated ESCO companies across Central and Eastern Europe including CEZ ESCO Czech Republic, CEZ ESCO Poland, CEZ ESCO Slovak Republic, Kofler, High Tech Klima, Elevion Group, OEM Energy, Metrolog, HERMOS, Syneco, ETS, Energocentrum Vítkovice, CEZ LDS, CEZ Bytové domy, ENESA, AZ KLIMA, KART, BYTKOMFORT, AirPlus, HORMEN CE.
• LIDL BulgariaminorStrategic or Co-development PartnerMultiple external power supply projects for LIDL Bulgaria hypermarkets and logistics facilities across Bulgaria, including transformer substations and power supply infrastructure.
• Kaufland BulgariaminorStrategic or Co-development PartnerConstruction and commissioning of external power supply and transformer substations for multiple Kaufland supermarkets across Bulgaria.
• CEZ Trade BulgariaminorChannel Partner/ Reseller/ DistributorPartnership with CEZ Trade Bulgaria for joint project development. CEZ ESCO Bulgaria partners with CEZ Trade Bulgaria for energy efficiency projects for CEZ Trade clients.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Elevion Group: European ESCO operating across Germany, Austria, Netherlands, and CEE, providing decarbonization, energy efficiency, and renewable energy services to industrial and commercial clients. Affiliated with the CEZ ESCO family network and shares Esco Bulgaria's turnkey + financing value proposition.
• CEZ ESCO Czech Republic: Sister ESCO within the original CEZ Group ESCO family, providing turnkey energy efficiency, renewable installations, and energy services across the Czech Republic. Operates the same business model (design-finance-build-maintain) and customer segments as Esco Bulgaria.
• CEZ ESCO Poland: Polish arm of the CEZ ESCO network, delivering integrated energy services — including PV, heat pumps, lighting, and cogeneration — to industrial and public-sector clients with an ESCO/financing-led approach comparable to Esco Bulgaria.
• ENESA: Spanish ESCO focused on energy efficiency and energy generation projects (PV, biomass, cogeneration) for industrial and public-sector clients. Part of the wider CEZ ESCO ecosystem and operates with similar turnkey, financing-enabled service model.

Broad incumbents

• ENGIE: Global energy and energy-services conglomerate with deep presence in CEE via ENGIE Services. Competes with Esco Bulgaria for industrial and public-sector energy efficiency and renewable projects, though as part of a much broader portfolio.
• Schneider Electric: Global energy management and automation incumbent offering sustainability services, microgrids, and energy efficiency solutions to industrial clients. Overlaps with Esco Bulgaria's integrated energy systems work but operates at significantly larger scale across multiple industries.
• E.ON Bulgaria: Bulgarian electricity supplier and energy services arm of E.ON, providing distributed generation, energy efficiency, and grid services to industrial clients across the same Bulgarian market Esco Bulgaria operates in.

Regional players

• Photovoltech: Bulgarian PV installer focused on industrial and commercial solar projects. A regional competitor for Esco Bulgaria's PV line of business, although it lacks the storage, EV charging, HVAC, and project-financing breadth.
• EVN Bulgaria: Utility arm of Austrian EVN operating in Bulgaria, providing electricity supply and increasingly energy services to industrial clients. Overlaps with Esco Bulgaria in industrial energy efficiency and renewable installations, particularly in southern Bulgaria.
• SolarPRO Holdings: Bulgarian-based solar EPC and IPP, active in PV project development, installation, and operation across Bulgaria. Competes for industrial rooftop and ground-mounted PV projects but with a more solar-pure focus than Esco Bulgaria's integrated energy services model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/esco-bulgaria

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 Esco Bulgaria Eood