The Bulgarian machine building factory Dynamo has seen a staggering 300% growth in its orders for the first half of 2010 year-on-year.

The boost for the machine plant located in the eastern Bulgarian city of Sliven has come from orders for its “brushless alternator”, type DEA 450, according to the company’s statement issued Thursday.

The company has announced that the alternator has been a real breakthrough for the factory as it has become an integral part of the production of transport equipment for the US Army because of its advantages to analogical products.

Dynamo Sliven, which describes itself as “one of the best functioning industrial plants in Bulgaria”, has started work on an improved version of its alternator, which is expected to help it achieve even better business positions in the coming months.

Some 90.5% of the company’s produce is exported with 80% of that going to the USA and Russia.

Dynamo Sliven has pointed out that it is not suffering because of the economic crisis, and that it is even experiencing a shortage of qualified labor. The company has appointed 20 new employees since the start of 2010, and looking to hire 40 more emphasizing its high technical education standards.

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