“TEREM – Khan Krum” EOOD, Targovishte is the successor of the military repair plant "Khan Krum" with the following business activities: basic and medium repairs of tanks, tracked and wheeled machines with military and civil purpose, engines, transmissions and aggregates; design and manufacture of transmissions, tooling and technological equipment and spare parts for military equipment and vehicles with civil purpose; design and manufacture of superstructures for vehicles; armoring of vehicles for special purpose; manufacture of guard armored cabins; design, manufacture and refurbishment of 20 ft containers; design, manufacture and refurbishment of marine furniture, metal truss structures, hull furniture and PVC joinery.
By Order of the Council of Ministers No. 762 of May 6, 1961, a planning assignment for the design of a tank repair plant in the town of Targovishte was approved. The first sod was made on April 10, 1962. On the grounds of Order No. 0187 of May 26, 1962 of the Minister of Defense, "TARZ 17" was deemed to be formed on June 19, 1962. The entry into force of the plant's statute in January 1964 legalized the first production sections – machining, fitting, tooling and electroplating. Production activities started in 1965 with car repair, as the new units were added gradually; the following areas were formed: repair of ZIL vehicles; engine repair and radio repair; tank repair and production of new parts, assemblies and units for armored vehicles.
The regular operation and the full use of the planned production capacities began in 1966 with the absorption of T-34 tank repair and the subsequent absorption of T-54; T-55 and ZIL 130 and ZIL 150 vehicles. In 1969, "Plant 17" was renamed to MZ "Khan Krum". Years of improvement and development followed: the repair of new models of tanks T-62, T-72 was mastered. In 1973, there began the production of transmission units and the assembly of the MTLB crawler tractor at the plant.
For the period from 1970 to 1986 several expansions were made at "Khan Krum", as a result of which the technological cycle of production activity was almost completely closed – manufacture, repair and modernization of armored vehicles. There were built the buildings of the forging-pressing plant for the production of stampings and punches for armored vehicles; a new plant for the production of transmission units; a machine-assembly plant for the assembly of the MTLB and its modifications; a machine tool plant. In 1986, a new tank-repair plant, Building 2A, was opened.
The structure of the plant was changing. From October 1978 it was transformed into the Machine Repair Plant "Khan Krum" (MRK "Khan Krum"). During this period, over 5,000 people were employed at the plant, and 22 tanks were overhauled monthly.
“TEREM - Khan Krum” EOOD was established on 07.07.2004 by court decision No. 579 under the company file No. 268/2004, as a sole trading company with limited liability. In 2019, according to the Decision of the Minister of Defense of the Republic of Bulgaria No. RD-36-9/19.03.2019 and the Minutes of the Board of Directors of “TEREM – HOLDING” EAD No. 17/21.03.2019, the merger of “TEREM – Ovech”EOOD Provadia into “TEREM - Khan Krum” EOOD, Targovishte. The sole owner of the capital of “TEREM - Khan Krum” EOOD is “TEREM – HOLDING” EAD. The rights of the Bulgarian State, in view of the sectoral competence, are exercised by the Minister of Defense (Article 8(1) of the RDPDTDUK).