Italian Concern Ferroli Group enter the Bulgarian market through Diplomat Corporation

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Diplomat Corporation Ltd. held on 1 December 2010 in Sofia a  "Business Breakfast" under the slogan "Quality of Life. Now." At the business breakfast the company officially introduced its new line of Italian products intended for the Bulgarian market through the multinational corporation Ferroli Group. Diplomat Corporation Ltd. has become a global partner for Bulgaria of the Italian multinational giant Ferrol Group, who has more than 55 years of tradition and experience in the Water Heaters. As their exclusive representative for Water Heaters, the company introduced in Bulgaria New Energy Saving Boilers, manufactured especially for Diplomat Corporation Ltd. from Ferroli Group. The Italian corporation owns 13 production centers, 6 centers for the development and implementation worldwide and has successful sales in over 120 countries worldwide. Total sales value amounted to 700 million euros, 93% of them come from the sale of heating appliances. The General Manager of Ferroli Group, Mario Chiokolo said: "Diplomat is the company we want to work with on the Bulgarian market."
Diplomat Corporation Ltd. believes that through increasing of domestic quality products the difficult economic situation in Bulgaria will be solved. This is a motive to develop the Bulgarian economy by offering high quality, diversity of products and attractive design at an affordable price.
Lyuben Stanev, one of the owners of the Diplomat Corporation Ltd., said: "We are very happy that we found common interests with one of the biggest multinationals, Ferroli Group. We laid the foundations of a long-term partnership. With this new partner we are planning on keeping the occupied market share and increase it with 15%  in 2011.

Diplomat Corporation Ltd. held on 1 December 2010 in Sofia a "Business Breakfast" under the slogan "Quality of Life. Now". At the business breakfast the company officially introduced its new line of italian products intended for the Bulgarian market through the multinational corporation Ferroli Group.

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