The Family History
Vassilevi Bros. exists as a family enterprise since the beginning of the XIX century. At that time the Kiradzhiite family, from whom the company founder Vassil Nedev originates, were buying out large herds of cattle in the Dobrudzha region in north-eastern Bulgaria. They were reselling the livestock at the wholesale markets of the Osman Empire, particularly in Istanbul, by transporting the animals over land or by ships departing from the Varna seaport.
Following the enactment of the law for mandatory registration of private business enterprises in Bulgaria, Vassil Nedev officially founds in 1894 the Vassilevi Brothers company, naming it after his numerous (11) descendants.
1894
Vassil Nedev founds the Vassilevi Brothers company in the city of Varna.
1918
Vassilevi Brothers engage in the rapid economic growth after the First World War.
1920
Slavi Vassilev creates a workshop for the packaging and sale of red pepper.
1922
Vassilevi Brothers sell the Marseille workshop and import the first mechanical thresher in Bulgaria.
1924
Vassilevi Bros found one of the first meat processing plants in Bulgaria.
1948
Nationalization of the Vassilevi Brothers assets.
1950
Panayot Vassilev creates “Rhodopa” – the largest state trust in Bulgaria.
1974
Vassil Vassilev begins his career as journalist.
1986
Vassil Vassilev becomes correspondent for the National Television and Radio.
1990
Vassilevi Brothers is restored following a court decision by the Sofia Regional Court.
1990
Vassilevi Brothers organizes import, sale and distribution of foreign press in Bulgaria.
1991
The first duty-free gas stations open along the exit highway corridors from Bulgaria.
1992
Vassilevi Brothers becomes official distributor of Automobiles Peugeot.
1996
Vassilevi Brothers acquires 67% of the refrigerator factory MRAZ.
1998
Vassilevi Brothers enter the retail sector for luxurious brands.
1999
Vassilevi Brothers participates in the Oil-for-food program.
2007
Vassilevi Brothers invests in the remaining real estate of MRAZ JSC.
2007
Vassilevi Brothers establishes the first «temporary employment agency» in Bulgaria.