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Words: | Submitted: Mon Jun 19 2006
... the company from its owners and ran it as a state-owned enterprise. At that time "Antov and Mishkov" was the biggest textile company in the country, and had modern (for its time) machinery and equipment, a full production cycle, and a developed wholesale network in Sofia. In the 1940s, it employed no fewer than 460 workers. From its nationalization in 1947 until 1953, the company worked without any significant changes; it was managed by a managerial team, and was given a new name. It was considered to be owned and run by the workers (a statement which seems quite populist today, but is actually not far from the truth for that period). The years 1954 to 1959 saw a period of concentration of production, combined with an enlargement of existing companies into the so-called "combinats" (combined factories). Wooltex became the core of the established wool textile combinat, and another ...
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