Kaloyan Penev

TESY

TESY Ltd. is founded in 1990 and is part of Ficosota holding. The company has five factories – three in Shumen and two in Smyadovo. TESY is one of the leading European producers of electric storage water heaters, electric heating appliances, heat pump water heaters and indirectly heated water tanks. In the last decade TESY marked a rapid business growth driven by the launching of a wide range of products with modern design, as well as high energy efficiency and quality. In line with the company's vision to raise the bar in the HVAC industry, TESY's products are already renowned among professionals and end users for their visual appeal, functionality, including Internet control on the premium appliances and number of patented solutions offering a high level of comfort. Almost 30 years since its humble beginning, today TESY's products grace the homes of millions of happy users in over 55 countries on 4 continents.