Kremikovtsi is a heavily industrial area. Its steel mill complex was also one of the largest enterprises in the country, providing jobs to thousands of city residents, but recent financial troubles have forced it to shut down. It was also one of the city’s biggest polluters. The district is planning to build a technological park on the site instead.

A few kilometres away from the industrial megalith is a more peaceful area, beyond Kremokovtsi’s surrounding hills, home to the Monastery of St. George the Victorious, in which there is an old Renaissance church full of 16th century frescoes.