The Family History

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.

1880
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1940
1960
1980
1990
2000