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“Balkancar-Sredetz” company has a century-old history – it was founded on 15 Jan 1907 as a Military Engineering Workshop. Between 1912-1914 the factory business was reparing and maintenance of military equipment. In 1925 begun the repairing of motorcars. During 60's first pertol engines were produced and regular production of diesel forklifts begun. Regular manufacture of electric platform trucks and forklifts was further developed during 70’s.

Planned production capacity of the plant Balkancar Sredetz accounted for more than 5,000 trucks a year, destined mainly for export to Western Europe. Universal loaders latest series of "Sredetz" can handle loads weighing 1,6 ... 5,0 t at a height of lifting 2,8 ... 6,2 m. They are easy to operate, they have improved design and ergonomics. The main aggregates offered free access. Loaders were equipped with diesel or gas engine with a special performance of hydraulic pumps and pump servo. Diesel model was equipped with an air filter, alternator, starter motor, termostarterom and necessary sensors to monitor mode. Hydrodynamic transmission automatically adjusted the torque depending on the load. For cargo operations in a limited space there was a function of "creeping progress". The plant has also developed versions of trucks with different types and models of engines and hydrodynamic transmission.