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Geostroy AD: 20 years of continuity, innovation, and advancement

February 2025

Geostroy AD, part of GEOTECHMIN GROUP, is proud to mark its 20th anniversary. Since its founding, the company has built a strong reputation as a reliable partner and a top-quality builder, known for its commitment to sustainability, social responsibility, and a strategic vision for the future.

Over the past 20 years, Geostroy’s team has successfully completed more than 250 projects in the spheres of infrastructure, industrial, civil, and environmental construction, establishing a proven track record of excellence and innovation.

Continuity is a core principle that has helped the company take a leading position in the construction sector. The company’s policy prioritizes quality, professionalism and loyalty – values that are highly regarded by both employees and partners. For the management team, maintaining strong business relationships, integrity, and compliance with the highest industry standards and requirements is a top priority in the execution of every project.

Geostroy is committed to protecting the environment, integrating digitalization into construction processes, and improving workplace conditions. The company uses recyclable materials and eco-friendly alternatives that minimize the environmental footprint throughout their life cycle.

At the official celebration ceremony, PhD Eng. Vladimir Vutov, Chairman of the Board of Directors of Geostroy AD, expressed his heartfelt gratitude to Prof. DSc. Eng. Tzolo Voutov, President of Geotechmin OOD, for his consistent support over the years. He also thanked PhD Eng. Ivan Vutov, Chairman of the Board of Directors of Geotrading, his entire family, and all company employees. ‘Geostroy wouldn’t be where it is today without your invaluable support,’ he said.

Prof. DSc. Eng. Tzolo Voutov highlighted the remarkable progress made by Geostroy, starting as a small company and growing into a successful construction firm with nearly 500 employees. He mentioned some of the company’s key milestones, including the first project in 2005 – the reconstruction of an old building into a beautiful Miner’s Club, the construction of the large-scale environmental project Primary Crushing Unit 3 (KET-3) inside Ellatzite open pit, and numerous major infrastructure projects over the years. ‘Thanks to your professionalism, dedication, and strong team spirit, Geostroy has achieved remarkable success! I wish you many more years of prosperity and progress,’ he said.

The Executive Directors of Geostroy, M.Eng. Yordan Yonov and M.Eng. Tsvetoslav Petkov, also expressed their deep gratitude to all company employees for their hard work and tireless devotion. ‘Your relentless efforts have transformed Geostroy into a leading and stable construction company,’ they said.

 

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