The company was founded and focused on Bulgarian market in 1992. During its existence, the company was actively involved in carrying out average, major repairs of Boiler Units ПК-38-4, Eп-670-140 and ОР 380. It has performed repair works on Coal pulverizing system /PF plants/, Heating surfaces, high and low pressure pipelines and vessels, Repair and installation of Electrostatic precipitators, Air re-heaters, Oil tanks, Mill fans impellers, Slag removal system, Installation of heavy machinery and mining equipment, etc. Production activity of the company started on a small scale in 1999 and was concentrated in production of industrial pipelines, metal structures, pressure vessels, parts for the heavy machine industry and Thermal Power Plants. Petko Petkov-24 Ltd., Radnevo, has a workshop for production of metal structures, air ducts, prefabrication of pipelines and heavy machine spare parts, located in the city of Radnevo.