Shumen District Court registered changes for Fikosota Sintes Ltd. As partners are registered Mr. Zhechko Kiurkchiev and Mr. Krasen Kiurkchiev. The participation in the company of the partner Fikosota Ltd. Shumen is ceased.
Source: State Gazette (02.01.2001)

Shumen District Court registered changes for Fikosota Sintes Ltd. . The participation in the company of the partners Mr. Zhechko Kiurkchiev and Mr. Krasen Kiurkchiev is ceased.
Source: State Gazette (02.01.2001)

USD 1.5 million will be invested by Ficosota Ltd. in the introduction of a new line for production of washing powder by the end of May, this year. This was announced by the President of the Shumen-based company Mr. Zhechko Kyurkchiev. The company is a leader among the Bulgarian producers of washing and cleaning detergents. Besides, the release of two new types of water-heaters is a part of the company's production program for the year 2000. The electric oil radiators TESY, are exported to 11 countries.
Source: Pari (07.01.2001)

The advertising agency MAG Advertising, which will most probably service the press-advertisement of the second GSM-operator, is of Varna origin. The company entered the Sofia market in 1998. The clients of MAG are mostly Bulgarian companies, such as the factory for sugar products Pobeda - Burgas, the distributor of Panasonic for Bulgaria, K&K and the pension company Nuton Power. The Shumen-based company Ficosota Syntez, producer of the household cosmetics Eho and Tema, was a client of MAG for many years.
Source: Capital (01.04.2001)

Over the first six months of 2001, the fifty biggest TV advertisers invested BGN 48 752 559 in advertisement, according to the monitor of Market Test Agency. There are considerable changes in the "golden ten" compared to last year. Procter&Gamble and Unilever are leaders in the list. They are the main competitors on the market of cosmetic products and washing powder. Other two competitors hold the number three and four position - the breweries Interbrew and Brewinvest. The producer of Kamenitza, Astika, Pleven and Burgasko (Interbrew) leads with 23 per cent more investments in TV advertisement than Brewinvest (Zagorka, Ariana and Amstel). Nestle and Ficosota Syntez have less investments for advertisement this year. The budgets of Danone and Henkel are optimized.
Source: Capital (01.07.2001)

Two new series of toilet soaps were released on the market by Ficosota syntez Ltd. This was announced from the Shumen-based company, which is a leader in the production of soaps in Bulgaria. The brand Teo will have different bouquet flavors. Teo were released on the market with actualized package design. The monthly production of toilet soaps in Ficosota syntez Ltd. is around 200 tons. The company works at its full capacity, since there is extremely large interest in its production. Part of the soaps are exported to Ukraine, Moldova, Serbia and Macedonia.
Source: Pari (02.07.2001)

None of the nine companies , which bought the documents for auction for privatization of 57 per cent of Alen Mak - Plovdiv , have payed the deposit of USD 300 000.rUBELA JSC - Rudozem , BNP Pariba Bulgaria JSC - Sofia , Alen Mak Cosmetics LTD - Plovdiv , Fikosota Holding LTD - Shumen , Alenma JSC - Sofia , Fikosota Sintez - Shumen , Magnolia 99 SP LTD -Plovdiv and Evajp _ Turkey are interested in the auction. The chief executive of Alenma JSC Ms. Antonina Hekimova announced that they did not file an offer because the leaders of NDSV wanted to stop the privatization of companies with national meaning.
Source: BTA (03.07.2001)

Ficosota Syntez Ltd is founded in 1994 with main subject- manufacturing and distribution of detergents for bottling and food industry. Then the company starts to produce washing powder, household detergents, shampoos and soaps. The brands which are known on the Bulgarian market are ÒÅÌÀ and ÅÕÎ for washing powders, which hold 10% of the Bulgarian market at the moment, FEYA and ÅÕÎ for detergents - about 33% and ÒÅÎ and Tete-a-tete for soaps (over 30% of the Bulgarian market), also liquid soap under the same trade mark and shampoo - over 15% market share. The quoted data are accordingly last research made by Gfk. The company own fully automatic bar soap finishing line, set-up and successfully commissioned by company SELA Maschinen - Germany. The line is rated for 1 ton per hour. Ficosota posses NTD Plant, manufactured and started-up by the Italian company BALLESTRA, for production of Detergent Powders. The plant has a capacity of 3.5 tons per hour. In addition our company own two filling lines for liquids. One of them is produced by HENKEL in 1996 and other is produced by Bulgarian company in 2000. The lines have a total capacity of 2.5 tons per hour. Ficosota Syntez Ltd is certified under the Quality control system ISO 9001.
Source: Company information (11.10.2001)

The product group of Ficosta sintez became larger after the company invested about USD 2 million in the renew of its technologic capacities. The capacity of the company increased several times and its new products place it among the leading Bulgarian producers in the branch. All products are exported to Macedonia, Yugoslavia, Ukraine, Moldova and Romania.
Source: Pari (13.11.2001)

21 applicants have purchased documentary for participation for privatization of 57 per cent of Alen Mak. The initial price of the company was USD 3.95 million and deposit for participation - USD 300 000. The deadline for applying the offers is 3 December. Among the companies interested in the biggest Bulgarian company for cosmetics and Ficosota syntez, Rubella, BNP Pariba-Bulgaria, Colgate International. Among the former participants in the competitions for the privatization of Alen Mak are EPIK-Bulgaria, owner 22 per cent of the enterprise and Alenma of the former Executive Director Mrs. Antonina Hekimova.
Source: Standart (28.11.2001)