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About us

Who We Are?

In the last 20 years Nitem company has successfully been involved in completing 10 hydro and PV power plants, we have supported equity investments, bridge financing, equipment delivery and an EPC organization, legal and accounting services, being also JV equity investor in some of them together with US, Austrian and German companies, having O&M contracts for the power plants.

Now we have under management a large portfolio of assets and power plants with a mixture of equity financing and we leverage some debt bank financing .
We established accounting company proving services to international companies and leading Bulgarian ones.

 

  • In 1998 we organized the first international presentation of the Bulgarian energy and environment sectors in the Terra Tec International fair in Germany with the participation of the Minister and Deputy Minister of Energy, Economy and Tourism, the Deputy Minister of Environment and Water, the Chairman of the Board of the National Electric Company and other representatives of the largest Bulgarian and German energy companies.

 

  • We also established a company for construction supervision with more than 100 contractual professionals and specialists approved by the government for 16 licenses in different fields of construction supervision.

 

  • We carried out more than 30 training courses and travelling seminars for Bulgarian companies, state agencies/ministers, municipalities, officials, public authorities in France, Switzerland, Germany, Austria, Italy, San Marino, Greece, Serbia, Macedonia, Hungary, the Czech republic, Slovenia, Turkey and in more than 15 Bulgarian cities on different financial, accounting and law topics.

 

  • We established a Consortium for EPC contractor with Erenport(www.erenport.com) - a leading construction company with a Head Quarter in Istanbul, Turkey and companies in Canada, United Arab Emirates, Georgia, Azerbaijan, Africa, Turkmenistan, Libya, Iraq, Syria, Macedonia, Poland. Erenport is a company with a lot of experience in international airports, oil pipelines, seaports, SOS Kinderdorf, Ramstore hypermarkets, electric infrastructure, gas transmission infrastructure, Radisson, embassies, hotels, malls, housing complexes, business centers, railway stations, heating stations, concrete plants, banks, metro stations, boat shelters, shipyards, ferry quays, farms, water transmission stations, water towers, cement factories , dams, tunnels, roads, bridges, gold mine installation with a Head Quarter in Istanbul, Turkey and companies in Canada, United Arab Emirates, Georgia, Azerbaijan, Africa, Turkmenistan, Libya, Iraq, Syria, Macedonia, Poland, etc.

We successfully started the first private bread factory in 1990, equipped by а leading Turkish company.

 

  • A Public-private partnership for а sustainable region development with a project for biogas cogeneration plant with a solar park and greenhouses with solar roofs.

 

  • We established a 50/50 joint venture with TTT Holding Group - USA; TTT Bulgaria - an investment company registered in Tucson, Arizona – US. We also contributed to the establishment of 7 joint ventures with leading Bulgarian companies in different fields of activity, in the sectors of defence and security, construction, optics, energy. We established a partnership with a main project -- financing and development of international companies.

 

  • We purchased a Disco HVAC shared energy savings technology from TTT Holding Group - USA, a license for the production of industrial and commercial Heating/Ventilating Air energy management systems from TTT Holding Group.Tucson/Arizona.

 

  • This technology was expanded with the financial support of the Boeing Company and more than 15,000 such systems have been provided to Fotune 500 customers (e.g., General Motors, Ford, Volkswagen, Pepsi, Amtrak, Johnson & Johnson, Caterpillar, etc.) on 50/50 shared energy savings/energy efficiency/ESCO agreements.

 

  • We participated with US partners in Energy Invest Engineering privatization procedure.

 

  • We established TTT Ecoenergy Tervel Ltd. - a public private partnership with a municipality Tervel for the development of a sustainable region, with a project for cogeneration of Biogas Power Plant with a solar park and greenhouses with solar roofs.

 

  • А delegation of Bulgarian companies in different fields incl. defense and security, Opticoelectron (www.opticoel.com), Beta Industries Corp. AD (www.beta.bg), TBI Holding (www.tbif.com) visited the Rethoen US company, one of the ten largest companies in the world in the field of defense and security.

 

  • We established a consortium with Green 2 Gold/FD3. Los Angeles / Santa Barbara, California, USA) with incubators in Santa Barbara at an area of 10,000 m2 and Santa Maria - 1500 m2 with more than 18 offices worldwide to support startup companies for renewable energy, energy efficiency, LED technologies , new technologies and more.

 

  • We established a consortium for EPC contractor with Brisban Solar (www.brisbansolar.com). - а Spanish producer of solar modules with a number of solar projects in Spain, the Czech Republic and Chile.

 

  • We successfully financed and realized one of the first private small hydro power plants in Bulgaria in 1999.

 

  • We successfully started , invested and realized one of the first private production of bread and bakery products in Bulgaria in 1990.

 

  • We realized Investment, financing, construction and management of the production of bread, cakes and other products with more than 50 workers and more than 60 different products.

 

  • We created a building supervision company with 62 professionals in 16 areas of construction supervision.

 

  • We realized investment , financing , supply of equipment, organization performance management of three photovoltaic power plants (1.38 MB) as part of Everest Renewable Energy ( a US investment company for energy projects.

 

  • We joined Renavitas Technologies  (https://www.renavitas.com), a US technology company for the development of IT technologies and development of energy projects.

 

  • A company "Best in Energy" Ltd. for project realization has been created with an Austrian partner

 

  • Our company is the founder and a member of the Bulgarian "Association for Innovative Development"

ACCOUNTING SERVICES

ACCOUNTING SERVICES
Nitem offers accounting and tax consulting services for Bulgarian and international companies...
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LEGAL SERVICES

LEGAL SERVICES
Company incorporation, Tax appeals, Banks and financial institution negotiating, Real estate advising, Commercial litigation, Corporate law, Labor and employment law ...
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BUSINESS ADVICE

BUSINESS ADVICE
Based on our experience in project structuring and other business activities of our company we know that business is not only to pay your taxes . For that reason we encourage our team to be not only accountants but also business consultants.
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CONSULTING SERVICES

CONSULTING SERVICES
We hope that we can find big entrepreneur ideas that will save you time or money. Services that will improve your financial management.
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PROJECT FINANCING

PROJECT FINANCING
Project financing is a financial tool that supports project implementation providing investments, private equity, bridge financing , etc.
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BUSINESS INCUBATOR

BUSINESS INCUBATOR
Nitem Foundation is a not-for-profit organization that commits its resources to address issues of global social and environmental concern, particularly those that have a major impact and changing trough education and support entrepreneurship...
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NITEM COMPANY

In the last 20 years Nitem company has successfully been involved in completing 10 hydro and PV power plants, we have supported equity investments, bridge financing, equipment delivery and an EPC organization, legal and accounting services, being also JV equity investor in some of them together with US, Austrian and German companies, having O&M contracts for the power plants.

Now we have under management a large portfolio of assets and power plants with a mixture of equity financing and we leverage some debt bank financing .

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