Umicore acquired the Pirdop Smelter in a privatization offering by the Bulgarian government in September 1997. Since that time, an investment program has been conducted to increase capacity to 225 000 tons per year of anode copper, while improving the environmental performance to meet Bulgarian and European standards. A significant part of this investment program involved reconstruction of the three Peirce-Smith converters and the associated gas handling system. During the period June, 2000 through April, 2002, converter capacity was increased, the existing water-cooled hoods were replaced, the waste heat boiler was replaced by two evaporative coolers, the dry ESP's were rebuilt and extended, and a Converter Control System (CCS) installed. From 2002 until the present, a continuous improvement of operating and environmental performance has been achieved. This paper will describe the converter reconstruction project, the operational, maintenance, and environmental improvements achieved since then and additional projects presently under consideration.