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Turmax Ltd is a company registered in 2003. In 2004 builds-up the hotel complex "Maxim" in the center of town of Teteven. The hotel part has 5 rooms (25 sqm each), restaurant "At the knight" with 45 seats, and a panoramic bar with 75 seats, from where is opened a beautiful view to the peaks that surround Teteven.
In 2007-2008 Turmax in conjunction with other companies builds two recreational villages. One in the region between Teteven and Ribaritsa village - "Green houses" where are situated 25 independent houses, a restaurant and a barbeque. The second - "Izvor" is in the region of Goliam Izvor. It has 9 houses and a swimming pool.
Turmax is a member of Maxgroup, where other members are:
- Kamax - production of all kinds of blinds and awnings.
- Stilmax - production of kitchen, office and hotel furnishing.
- Vasimax - production of PVC and Aluminum systems
- Hotel-restaurant - Maxim.