Assarel-Medet JSC is a winner of more than 60 international, national and regional awards and prizes in annual competitions. The bestowed awards and prizes are more than 40 after the privatization. The most significant of them are presented below.

The Highest State Award for the Executive Director of Assarel-Medet

On December 21, 2007 the President of the Republic, Mr. Georgi Parvanov bestowed to Dr. eng. Lachezar Tsotsorkov the Stara Planina Order of Merits, first class. The highest state award was given to the Executive Director of Assarel-Medet JSC and chairman of the Bulgarian Chamber of Mining and Geology for his exceptional merits to the Republic of Bulgaria and on occasion of his 60th anniversary.
“Dr. eng. Lachezar Tsotsorkov is descendant of a glorious family from Panagyurishte.
He is a person who has established himself as a reputable patriotic Bulgarian businessman having a strong social involvement not only in the municipality of Panagyurishte but also on a national scale”, the President Parvanov stated during the official ceremony and then he was cited by the Bulgarian Telegraph Agency. Decree No. 301 of the President of Republic of Bulgaria was issued on July 19th, 2006.

Investor of the Year 2007 in the Mining Industry

On December 14, 2007 the Bulgarian Investment Agency proclaimed Assarel-Medet JSC for Investor of the year 2007 in the Mining Industry Category. The statuette was bestowed to the Executive Director Dr. eng. Lachezar Tsotsorkov by the Deputy Minister of Economy and Energy, Mr. Lachezar Borissov.

Reward for Energy Efficiency Project

On December 12, 2007 during the ceremony of the Annual Awards for Energy SMV – Bulgaria Ltd. awarded Assarel-Medet JSC for the trust rendered and the project implementation on a site with the greatest intricacy of performance and saving of power. The project is for infrared gas ceramic heating in the Central Repairs Workshop in 2004 – 2006 as the investment return took one heating season. The bestowed award was in the form of a scholarship for a promising student, pointed out by Assarel-Medet.

Golden Rithon

On November 30th, 2007 the Alliance of Entrepreneurs, Panagyurishte awarded Assarel-Medet JSC with the statuette Golden Rithon for Best Entrepreneur ‘2006 in the Production Sector.

Investor In Environment

On November 29, 2007 the Bulgarian Business Leaders Forum ranked Assarel-Medet JSC at the third place in the Investor in Environment 2007 category within the annual awards for open business. The acknowledgement was received for the implementation of the Environmental Program in 2007.

Labor Safety

 On October 26, 2007 Assarel-Medet was awarded with a Silver order of merits Perfect Company in the Area of Occupational Safety and Health, awarded within the Annual Competition of Perfect Consult, Ltd.

Best Employers

On November 17, 2007 the ranking from the Best Employers 2007 national poll conducted by Hewitt was announced which is carried out for the second consecutive year in our country jointly with the Capital newspaper.
A big industrial company finds place in the Large Companies category for the first time since Assarel-Medet is ranked at the third place. This is an acknowledgement for the human resources policy conducted for many years. More than 600 workers, experts and managers from Assarel-Medet took part in Hewitt’s poll which tested the team’s commitment and motivation.

Most Dynamic Bulgarian Company For 2006

 The Business Week Bulgaria Magazine proclaimed Assarel-Medet as the most dynamically developing Bulgarian company for 2006 in their issue dated August 13, 2007 in their ranking of the business development in the country. Leader’s positions, innovation, investment in the operations modernization, new environmental projects and personnel development were highlighted.

Top Insurer in the Mining Industry For 2006

In May 2007 Assarel-Medet was ranked at the first place as the biggest insurer in the mining industry in the Internet web page dedicated to the struggle capmapign against grey economy. Official data provided by the National Incomes Agency for 2006 was used by the initiators of the campaign from the Bulgarian Chamber of Commerce. Assarel-Medet among the partners in the national campaign against grey economy and it supports the united efforts of the socially responsible Bulgarian business and the mass media under the motto: “Come out of the shade – think about tomorrow”.

First in the South Central Region

On December 19, 2006 the Bulgarian Chamber of Commerce and Industry announced that Assarel-Medet was ranked on the first place based on complex economic indices in the South Central Region.

Best Entrepreneur 2005

On July 14, Assarel-Medet was declared as the Best Entrepreneur for 2005 in the Investment category by the Alliance of Entrepreneurs, Panagyurishte.

Ikar Award

At an official ceremony on April 26, 2006 Assarel-Medet JSC was honored with the prestigious Ikar award for innovations and input to the Bulgarian economy in 2005 by the Bulgarian Chamber of Commerce. It was stated in the Book of Honor of the Bulgarian Chamber of Commerce that the award was bestowed for conducting a large-scale innovative policy which led to the implementation of state-of-the-art equipment and technologies. The prestigious statuette Ikar was presented to the Executive Director Dr. eng. Lachezar Tsotsorkov by the Minister of Economy and Energy Rumen Ovcharov.

Honorary Deed for Merits to Panagyurishte

By decision of the Municipal Council the team of Assarel-Medet JSC became the first one to be honored with an Honorary Deed for Merits to Panagyurishte. The award is a token for appreciation for the substantial and permanent contribution of the company to the municipality’s development. The Honorary deed was presented at n official ceremony on October 11, 2005.

Acknowledgement of the Bulgarian Chamber of Commerce

 On April 27, 2005 Assarel-Medet JSC was given an award by the Bulgarian Chamber of Commerce for achieved high results in the area of investment, currency incomes, new productions development, certification, services, new jobs creation and innovation policy during the period 2000-2005.

Leader in Mining

In honor of the Miner’s Day on August 18, 2005 the Bulgarian Chamber of Commerce awarded Assarel-Medet JSC with an honorary deed for the highest achievements in the mining industry.

The Biggest Insurer

In 2005 Assarel-Medet JSC was nominated in the Tax Payer and Insurer of Bulgaria national competition and was honored in the Biggest Insurer for 2004 category. The company was a top insurer for 2004 in the mining industry according to official data of the National Incomes Agency.

Company With High Prestige and Contribution to Bulgaria’s Reputation

On March 30, 2004 the company was honored with a certificate for being a company with high prestige and contribution to Bulgaria’s reputation by National Convent of Experts. The certificate was awarded following a conducted public opinion poll.

Business Ethics Standard

On October 30, 2003 Assarel-Medet JSC joined the Business Ethics Standard prepared by the Bulgarian Business Leaders Forum.

Highest Results in Mining

In honor of the Miner’s Day on August 18, 2003 the Bulgarian Mining Chamber awarded Assarel-Medet with an honorary deed for highest achievements in the mining industry for 2002 in the Open Pit Mining sub-industry.


Joining the Un Global Compact

On May 15, 2003 Assarel-Medet JSC joined the world family of the organizations abiding by the principles of the UN Global Compact for human rights protection, labor conditions, environment protection and socially responsible business behavior.

Biggest Donor in he Municipality Of Panagyurishte

On October 12, 2002 Assarel-Medet JSC was awarded with an Honorary Deed by the Managing Council of the National Association of Municipalities in the Republic of Bulgaria for the donations made to the municipality of Panagyurishte.